Now that I’ve been through the Internet wave and the social media wave, there’s some pattern recognition going on in terms of what is happening in the Blockchain/decentralized world.
Honestly, I don’t know if that’s right or not.
But what I do suspect is an indicator of where a new technology is on the adoption curve is whether mainstream firms jump on the “keyword bingo jargon” bandwagon to sound forward-thinking while actually not being so much.
In this case, the recent Accenture announcement saying they had made an “editable” blockchain falls into that category.
The whole basis of a blockchain is digital immutability, so an editable version is an inherent contradiction, kind of like saying the Godfather is a “chick flick.”
Still, it is a data point and they are probably doing it in response to customer inquiries about how to “do the blockchain thing” but also “protect the downside risk of the enterprise.”
It’s great to have a new database offering that is distributed and more efficient, but calling it a blockchain does a disservice to the rest of the industry and only creates doubt and confusion.
But the major point is this…if they are doing it, demand (or at least interest) in blockchains are growing.
Note: obviously the key is to not get caught up in pattern recognition so you are blinded to outliers. That’s why I blog though…you’ll keep me honest.