Get Started Today!  321-259-5500

croom new

Some Providers are Offering Blockchain as a Service

Some Providers are Offering Blockchain as a Service

There’s a big risk associated with implementing any new technology solution for your organization. For one, it’s difficult to know how a specific solution will run without first implementing it. This leads many businesses to avoid implementing a new solution for fear that it won’t be worth the investment. On the other hand, if they fail to implement a new solution, they could potentially lose out on valuable new tools they could use to succeed. How can you get around this issue?

One of the most relevant examples is blockchain technology. There are quite a number of great uses for the blockchain in a modern business environment, but the most practical among these might warrant at least a little bit of hesitation on the business owner’s side of things.

It makes sense that a lot of organizations might be skeptical about implementing blockchain without taking a closer look at the numbers. Blockchain is still new enough that there will be second thoughts before any organization implements it. According to the 2018 CIO Survey by Gartner, only one percent of CIOs have adopted blockchain technology for business purposes, whereas about eight percent of them have plans to do so in the future. Similarly, 77 percent say that there is no interest whatsoever in implementing blockchain technology.

Those who do plan on adopting blockchain technology soon have found that it will likely not be a simple task. 13 percent of organizations with plans to do so say that in order to implement blockchain technology, they would have to make significant changes to their IT department, whereas 14 percent believe that a culture shift is necessary to accommodate this. 18 percent also found that it was difficult to find staff who were capable of working with blockchain technology, and 23 percent found that blockchain demanded the newest skill development out of any other new technology solution they could implement.

Some service providers have taken advantage of this deficit in use by offering Blockchain as a Service. This type of business model actually saves organizations the pain of adopting blockchain technology by making it so your employees don’t have to have specific blockchain-related skills in order to take advantage of it. Since there is little to no investment in blockchain involved on your end, you can take full advantage of services like these through providers like Amazon, IBM, Microsoft, and more.

There are considerable challenges for this approach, but it’s a much more attractive option for organizations that have limited budgets or workforces. What this accomplishes is that you can take advantage of blockchain without making any huge investment. Of course, this also means that there will be issues related to compliance and regulation to deal with, but it’s easier to think about these when you know you have a solid way of implementing and affording the service in the first place.

How would your business utilize Blockchain as a Service? Let us know in the comments.



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Tuesday, July 17 2018
If you'd like to register, please fill in the username, password and name fields.

Newsletter Sign Up

  • Company Name
  • First Name *
  • Last Name *

      Mobile? Grab this Article!

      Qr Code

      Tag Cloud

      Security Tip of the Week Best Practices Technology Cloud Privacy Malware Hackers Business Computing Business Internet Email Hosted Solutions Productivity Backup IT Services Computer Mobile Devices Network Security Microsoft Software Managed Service Provider Windows 10 Ransomware Smartphone Google Hardware User Tips Android Data Business Continuity Workplace Tips Innovation Efficiency IT Support Data Management Disaster Recovery Tech Term Social Media Server Managed IT Services App Small Business Browser Smartphones Communication BYOD Encryption Gmail Data Recovery Cloud Computing Big Data Windows Artificial Intelligence Internet of Things Office 365 Productivity Network Business Management Facebook Employer-Employee Relationship Office WiFi Apps Phishing Paperless Office Hosted Solution Recovery Risk Management Alert Passwords Upgrade Office Tips Firewall Outsourced IT Wireless Technology Vendor Management Government Miscellaneous Data Backup Save Money Remote Monitoring Robot Mobile Device Management Spam How To Wireless Content Filtering Wi-Fi Microsoft Office Two-factor Authentication Password Cybersecurity Word Virtualization Chrome Vulnerability Budget Infrastructure IT solutions Money Tip of the week Hacker Saving Money Work/Life Balance Holiday IT Support Avoiding Downtime Apple Managed IT Services Analytics Going Green Antivirus Twitter Customer Service VPN Computing Social Legal Tech Support Automation Document Management Virtual Reality Applications Data storage Windows 10 SaaS VoIP Website Bandwidth IT service Education Hard Drives Unified Threat Management Remote Computing Cybercrime Settings The Internet of Things IT Management BDR IBM Business Technology End of Support Downtime Lithium-ion battery Training communications Cortana Hacking Cost Management Politics Health Customer Relationship Management Maintenance Business Intelligence Bring Your Own Device YouTube Printing Unified Communications Websites Upgrades Telephone Systems Computers Router Running Cable LiFi Botnet Blockchain Google Drive Sports Scam Monitors Machine Learning Network Management Patch Management HIPAA Samsung Data loss Presentation Collaboration Augmented Reality Data Security Virtual Desktop Mobile Security Identity Theft Virtual Private Network Outlook File Sharing Business Owner G Suite Competition Mobile Device User Best Practice Taxes Mouse Solid State Drive eWaste Automobile Physical Security Chromebook Storage User Error Search Heating/Cooling Server Management Administration Compliance Tablet Safety Regulations Computer Care Bluetooth Computer Repair Licensing Laptop Troubleshooting Development Gadgets Black Market Social Networking Specifications Webcam Assessment Quick Tips Online Cooperation Google Maps Halloween Cables Users Lenovo Motherboard Network Congestion Black Friday Point of Sale Staffing Internet Exlporer VoIP Microsoft Excel Electronic Medical Records Staff Operating System Scary Stories Wires Superfish Law Processors Corporate Profile Display Cyber Monday Web Server Business Growth GPS Knowledge Undo Hard Drive Time Management 3D Printing Shortcut Managed IT Wearable Technology 5G Modem WannaCry Smart Technology Cameras Alt Codes Permissions Tracking Information Technology Experience Cache Unsupported Software Google Docs Administrator Analyitcs Networking Cookies Distributed Denial of Service CCTV Typing Fraud Google Wallet Deep Learning Relocation Recycling Touchscreen Mobile Data Cabling Buisness Marketing Notifications Nanotechnology Digital Writing Managed IT Service Cryptocurrency Co-managed IT Drones Private Cloud Management IT Technicians Downloads Trending Fun Techology Application Crowdsourcing Screen Reader Spyware Retail Break Fix Bitcoin Hotspot Supercomputer Identities Entrepreneur Error Company Culture Mail Merge Update Mirgation Disaster Humor Multi-Factor Security Travel CIO Unified Threat Management Smart Tech Social Engineering Dark Web Windows 8 Language IT Budget Mobile Computing Managing Stress Servers IP Address Address Chatbots Uninterrupted Power Supply Google Calendar Motion Sickness Printer Connectivity How To Net Neutrality IT Consultant Hacks Computing Infrastructure Digital Payment Save Time Environment Public Speaking Enterprise Content Management Mobile Office Emoji Identity Hard Disk Drive Dark Data Legislation Access Control Refrigeration Law Enforcement IoT Firefox FCC Cleaning Personal Information Alerts Backups Vulnerabilities Statistics Comparison Meetings iPhone Current Events Hiring/Firing SharePoint Gadget Star Wars Title II Help Desk Flexibility CrashOverride Domains Emergency USB

      Latest Blog Entry

      Do you have cords, wires, and adapters just sitting in a cupboard or drawer, with no purpose other than taking up space? Of course you do. The average person will replace old or broken devices, and find the new devices aren’t compatible with the old cables, leaving them stuf...

      Account Login