10 years of blockchain: What is next for DLT?
Conclusion: In IBRS’s 2018 Top Business Technology Trends Priorities Report, we noted that despite significant media attention on blockchain or distributed ledger technology (DLT) in 2017, the primary concerns of Australia’s Chief Information Officers (CIOs) in 2018 remains focused on the more pressing issues of migration to the Cloud, and its impact on IT operations and staffing.
However, ignoring DLT in the long term is no longer an option. After 10 years since the advent of blockchain, real world and production examples are now emerging from market-influencing players in Australia such as the Australian Securities Exchange (ASX) and Commonwealth Bank (CBA). This, combined with significant investment from credible vendors (both old and new), requires that CIOs and their Enterprise Architects review the implications of DLT becoming a mainstream means for secure, immutable data exchange to enable fully automated multi-party workflows.
About The Advisor
Sam Higgins was an IBRS advisor between 2017 and 2020 with over 20 years of both tactical and strategic experience in the application of information and communications technology (ICT) to achieve business outcomes from large complex organisations. Through previous roles as a leading ICT executive, strategist, architect, industry analyst, program consultant and advisor, Sam has developed an extensive knowledge of key markets including as-a-Service (Cloud) computing, enterprise architecture (including service-orientation and information management), enterprise applications and development, business intelligence; along with ICT management and governance practices such as ICT planning, strategic sourcing, portfolio and project management. Sam’s knowledge of service-oriented architecture and associated business models is widely recognised, and he was a contributing author on the Paul Allen book Service-orientation: Winning Strategies and Best Practices, released in 2006 by Cambridge University Press. As the former Research Director for Longhaus he undertook the first in depth research into the implications of cloud computing and other “as-a-Service” ICT offerings on the Australian and near shore markets. The 2010 report entitled, Defining cloud computing highlights provider gaps in the Australian ICT market, was widely reported in both the online ICT industry press and mainstream media.