Blockchain and IoT remain promising despite bitcoin – FutureIoT
Organizational interest in enterprise blockchain is tightly correlated with the rise and fall in Bitcoin prices. No surprise, this finding is supported by Gartner’s correlation analysis of social media conversations on enterprise blockchain with the price of Bitcoin. See Figure 1.
The highly correlated interest in enterprise blockchain with Bitcoin’s prices supports the theory that the bitcoin bubble drove the hype around enterprise blockchain. Still, emerging from the dust of cryptocurrency fortunes gained and lost, are transformational use cases based on blockchain and IoT integration.