RIP (finally) to the blockchain hype (2025)
6 hours ago
- #Blockchain
- #AI Integration
- #Technology Hype Cycle
- Blockchain hype from the late 2010s has largely faded, replaced by intense interest in AI.
- Experts note that blockchain technologies are now in the 'trough of disillusionment,' with limited widespread adoption.
- Scalability, interoperability issues, and controversies around cryptocurrency and NFTs have hindered blockchain's growth.
- Many organizations see blockchain as experimental, not yet replacing existing processes or delivering clear ROI at scale.
- Pairing blockchain with AI or quantum computing could unlock its future potential, such as enhancing trust in multi-step AI processes.
- Despite skepticism, niche applications like secure data sharing, supply chain tracking, and real estate ownership transparency show promise.
- IT leaders advise putting blockchain 'on the shelf' for now, revisiting it periodically as technology and use cases evolve.