Blockchain is poised to IT in much the same way -source software did a quarter of a century ago. And in the same way that Linux took more than a decade to become a cornerstone in modern application , Blockchain will take to become a lower cost, more efficient way to share information between open and private networks.

But the hype around this seemingly new, secure electronic ledger is . In essence, blockchain represents a new paradigm for the way information is shared and tech vendors and companies are rushing to figure out how they can use the distributed ledger technology to save time and admin costs. Numerous companies this year have been rolling out pilot programs and real-world projects across a variety of industries – everything from financial services to to payments.

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