In a recent assessment, the Gartner Foundation has changed its outlook on block baskets from “conservative” to “optimistic,” emphasizing that this technology will transform many key industries over the next five to 10 years, primarily financial industries. Banking, retail, as well as the electronic gaming industry, to move them into a new business environment different from what they are today.

Gartner called on technology managers in all organizations around the world to educate their executives and senior leaders about the opportunities and challenges of block technology on their industries.

Gartner published a statement on its new assessment of the "chain chains" on the official newsroom on its official website, explaining that the assessment is based on a survey conducted between April and June last year and included 3102 technology managers and executives in institutions and companies in 89 countries, including This includes manufacturing, government, professional services, banking, energy, utilities, education, insurance, retail, healthcare, transportation, communications and media.

The new technology assessment by Gartner came after its assessment in May 2018, and carried a "conservative" view of the ability of the "chain chains" to spread and expand.

New evaluation

Gartner's vice president of research, David Forlinger, said that 7.6% of those surveyed said blockchain technology was a technology to change the business environment or the 'game' in the business world, compared to just 1% in a 2018 survey. Sixty percent of respondents said they expect a certain level of reliance on “block chains” over the next three years within their institutions, while 18 percent of banking and investment managers report that they have already adopted or will adopt some form of “block chains” within months. The next 12%, while another 15% said they plan to do so in November Wen two years.

Forlinger added that Gartner expects continued developments in the creation and acceptance of numeric codes associated with block chains, but noted that much work remains to be done on non-technology activities such as standards, regulatory frameworks and regulatory structures for block chains capabilities.

Maturity and proliferation

Forlinger explained that «Gartner» develop a methodology to monitor the development and maturity of new technologies, and the extent of proliferation in the work environments, including five stages include: Innovation and launch, which includes the innovation of technology and demonstrate the integrity of its concept and validity of work, while the second phase is to reach the revolution of expectations and expectations , Which is usually associated with early mega-propaganda, focused on the few success stories achieved, while the third stage is retreat and disappointment with initial experiments and applications failing to achieve the height of dreams and ambitions. He added that the fourth phase focuses on enlightenment, realism and path correction, in which the products of the second and third generation of technology are emerging, with their maturity and stability, so that the realistic use of them begins, while the fifth stage is to reach the stage of productivity, as it then turns the technology into a mainstream Within different industries, it is highly reliable and has benefits.

Cross stages

Based on the results of the latest poll and expert analyzes, Gartner reported that the technology of «mass chains» crossed the first stage of creativity and launch during 2015 and 2016, while the second phase of the revolution expectations and inflation in 2017, and then went through the stage of disappointment and difficulties The spread in 2018 and 2019, while recently began to enter the stage of enlightenment and the actual spread, noting that within three to five years will reach full productivity, and in the meantime it will become a 'turning factor' in many industries.

«Block chains»

“Block chains” means automated arrangement, coordination and synchronization in the management and operation of computer systems, software, information systems, middleware and services in a unified service-oriented context, virtualization, converged infrastructure, and dynamic data centers, through automated workflow. Account management, as well as change management. The technology maintains a list of constantly growing records that are insured against tampering and auditing.

It is described by bankers and accountants working in the financial sector as a kind of “open general ledger”, in which many separate parties share their data and transactions, and put their data and information related to their financial transactions, as each of these data is related to a particular transaction or process, and is called « Each block has a fingerprint of time, and is associated with its predecessor and suffix with a distinctive link, as well as a particular participant, eventually forming a 'chain of blocks', and all the data in the chain cannot be erased, allowing any group of users - open or closed. - Participation in Professor Elk Rooney general, engage in joint financial payments over time.

The block chains technique is currently classified as one of the "orchestral techniques", which are similar to the orchestra of a large number of musicians, producing a uniform melody.