The more I read about blockchain and the more I talk to the CIOs, CTOs, developers, and tech-savvy executives I call early adopters, the clearer it is that everyone will need to make sense of blockchain for their organization.
In the biggest sense, blockchain is a proxy for the genuine excitement about applications and platforms that cross company boundaries and support vast ecosystems. Let’s call these collaborative ecosystem applications platforms. Marshall Van Alstyne explained the logic of these platforms in his book Platform Revolution. We should all be excited about such applications.
In a technological sense, blockchain is key for creating an unalterable, trusted record of certain types of transactions. But the problem is that blockchain tech isn’t really needed for all collaborative ecosystem applications.
So, how can each of us figure out what blockchain really means to us? When is the excitement about blockchain about a collaborative ecosystem application that does not in actuality need blockchain? When do such apps really require blockchain? How can existing enterprise data feed blockchain applications and vice versa?
As a start of this series of articles, I am going to focus on how Syncsort is answering these questions. Syncsort is a company that focuses on building the infrastructure to support the modern data supply chain. With products for data integration, data quality, capacity management, mainframe optimization, high availability and security, Syncsort is dedicated to the general proposition of its tagline: Advancing Data. On my podcast, I recently spoke with Syncsort’s CEO Josh Rogers and CTO Dr. Tendü Yoğurtçu. The way they are making sense of blockchain provides important lessons.