MIT Sloan Management Review Article on What We've Learned So Far About Blockchain for Business

It’s understandable why many businesses have been slow to invest in blockchain. For the past few years, the C-suite has been showered with suggestions about navigating the next wave of blockchain innovation, identifying potential use cases across industries, and preparing for a blockchain future. On the one hand, executives have been warned about blockchain’s potential to disrupt business models, disintermediate trusted third parties, and “change the very nature of economic, social, and political systems.” On the other hand, leaders have been cautioned about blockchain’s hype and hidden vulnerabilities. But doubts about blockchain are fading, according to a Deloitte survey, which found that more than half of senior executives place blockchain among their top five strategic priorities.

About the Author

Mary Lacity is Walton Professor of Information Systems and director of the Blockchain Center of Excellence at the Sam M. Walton College of Business at the University of Arkansas.

Remko Van Hoek is a professor of practice at the Sam M. Walton College of Business and executive director of the CSCMP Supply Chain Hall of Fame, which is hosted by the college.

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