Yesterday at R3’s CordaCon event, Citi’s Head of Financial Markets Infrastructures Puneet Singhvi observed two enterprise blockchain trends and the requirements for a good use case.
It’s no secret that getting a blockchain network into production with numerous institutions is no easy task. Singhvi’s first trend is that some networks are now live, with vendors already onboarded. And once that’s the case, it’s much easier to build additional solutions on top of that network.
A prevailing message that came up during several panels was a laser focus on very targeted use cases. Singhvi echoed this sentiment with his second trend.
“Larger scale projects which started with a lot of ambition and requiring a corresponding amount of effort, have taken longer than anticipated,” said Singhvi. “So the solutions that have gone live earlier rather than later, are the ones that are very focused, which have solved immediate problems, and actually driven and shown results.”
Read more: https://www.ledgerinsights.com/cordacon-citi-emerging-trends-in-enterprise-blockchain/
