The Case Against Blockchain | Blockchain Decision Tree

In brief, at this stage of the game, blockchain isn’t for everyone. As highlighted in this blockchain article, one key takeaway is that “ICO companies that invest in blockchain have a 98% failure rate.”

This is not intended to cast shade on its potential, but blockchain merits should be weighed carefully relative to your business interests. Smaller companies, in particular, are at risk. The cost of developing blockchain technology is high and the current performance levels, including the volume of transactions that can be processed per second, is low.

Following is a Blockchain Decision Tree for a more considered appreciation as well as options to consider a public, hybrid or private blockchain.