"Blockchain Beyond the Hype: A Practical Framework for Business Leaders", 23 Apr 2018

…This…framework is designed to assist executives in understanding whether blockchain is an appropriate and helpful tool for their business needs…For any organization, blockchain technology should not be a goal in itself but a tool deployed to achieve specific purposes...This toolkit is based on real-world experience of blockchain in a variety of projects across a variety of industries that have been analysed by Imperial College London to develop an initial framework. The framework has been reviewed and further developed by members of the 2017 World Economic Forum’s Global Future Council on Blockchain and has been trialled through a variety of means…

...It has started to seem that the most intractable of the world’s problems have merely been waiting for blockchain to arrive. This is not only misleading and untrue but also becomes a barrier to decision-makers in taking a balanced perspective on the technology. The very enthusiasm...to (over) promote the technology is also the very thing that is damaging its long-term prospects... Given the relatively early stages of this technology, anchoring on blockchain without consideration of associated risks, including, among others, cost, security and the relevant industry’s regulatory environment, can be detrimental...