RIP (finally) to the blockchain hype

“But right now, it’s not solving a big enough pain point for most organizations to justify the complexity and cost and hiring people who know how to develop and work with it,” he adds. “Until that changes, companies will keep investing in AI, automation, and tools that drive clear ROI instead of experimenting with blockchain ‘just because.’”

Uses behind the scenes

Other IT leaders see blockchain benefits right now. Mogul Club, a platform for micro investing in real estate, uses blockchain to track ownership in a property, says Eitan Prince, CTO of the company.

In the right scenario, blockchain offers “unparalleled transparency, security, and efficiency” to digitize real world assets, he says. Unfortunately, scammers have given blockchain a bad name, he adds.