ThoughtWorks’ Bi-Annual Technology Radar Identifies Blockchain Gaining in the Enterprise

ThoughtWorks’ Bi-Annual Technology Radar Identifies Blockchain Gaining in the Enterprise

ThoughtWorks’ Bi-Annual Technology Radar Identifies Blockchain Gaining in the Enterprise

CHICAGONov. 30, 2017 /PRNewswire/ — T. This trend has been highlighted in the 17th edition of Technology Radar from global software consultancy, ThoughtWorks. The bi-annual report provides an assessment of the emerging trends shaping the future of software development and business strategy.

“With the promise of benefits such as cost reduction, increased transparency, and accountability, organizations are moving beyond proof-of-concept and leveraging blockchain-based solutions,” said Dr. Rebecca Parsons, Chief Technology Officer of ThoughtWorks. “As with any nascent but fast-moving technology there are risks that need to be assessed and blockchain, although maturing, is no different.”

“Blockchain technologies such as Ethereum are being used in ever more interesting ways, as the basis for decentralized applications beyond fintech and cryptocurrency,” said Mike Mason, Head of Technology, Office of the CTO at ThoughtWorks. “The technology has the ability to create a tamper-proof record of facts across a multitude of data points throughout the supply chain. Whether it’s combatting pharmaceutical counterfeiting or tracking our food from farm to fork, blockchain is gaining in the digital ecosystem and worth following.”

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The Technology Radar, based on ThoughtWorks’ observations, conversations and frontline experiences solving its clients’ toughest business challenges, includes both existing and nascent technologies.  The report uses a visual approach to divide trends into four groups covering Techniques, Platforms, Tools and Languages & Frameworks, with each area further broken down into a recommendation to Hold, Assess, Trial or Adopt.

In addition to blockchain-based solutions gaining traction, the notable themes in this edition include open source on the rise in China, organizations embracing a polycloud strategy and Kubernetes fast emerging as the de facto choice for managing the deployment of containerized applications.

Visit Thoughtworks.com/radar to explore the report and interactive version of the Radar. And if your organization is interested in mapping your technology portfolio and objectively assessing what’s working and isn’t, we encourage you to use this open-source visualization tool and build your own Technology Radar.

About ThoughtWorks
We are a software company and community of passionate purpose-led individuals. We think disruptively to deliver technology to address our clients’ toughest challenges all while seeking to revolutionize the IT industry and create positive social change.

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Cryptocurrency Benefits and Drawbacks

Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.

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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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