"Touted for its security and recordkeeping, blockchain is picking up steam in the public sector. A new report shows that growth in spending on distributed ledger technology by federal, state and local governments is beginning to spike.
Specifically, federal spending on blockchain is expected to grow from $10.7 million in 2017 to $123.5 million in 2022, while state and local spending will increase from $4.4 million in 2017 to $48.2 million in 2022, according to the recent IDC report titled 'U.S. Government Blockchain Spending Forecast, 2019-2022: Healthy Four-Year Growth Predicted for Government Blockchain Spending' (document # US44935218)..."
"Blockchain is often portrayed in the industry and mainstream media as exciting and revolutionary. And in some ways, it truly is. But it is also complex, presenting six potential blockchain limitations for enterprise users. The first is related to performance..."