7 common blockchain mistakes CIOs should avoid

Although blockchain continues to gain momentum, hospital and health system CIOs can experience the same pitfalls when experimenting with the new technology.

Below are seven common mistakes to avoid, according to Gartner:

  1. Misunderstanding or misusing blockchain technology.
  2. Assuming that current technology is ready for production use.
  3. Confusing a limited, foundation-level protocol with a complete business solution.
  4. Viewing blockchain technology purely as a database or storage mechanism.
  5. Assuming interoperability among platforms that don't exist yet.
  6. Assuming that smart contract technology is a solved problem.
  7. Ignoring governance issues for a peer-to-peer distributed network.

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