A great paper from McKinsey busting some contemporary myths around blockchain technology and objectively weighing its potential value across industry sectors.
The article is particularly compelling as it covers the topic more independently than many sources currently lauding blockchain as the fix for every problem under the sun. It highlights its findings based on primary source data and across industry sectors and applications.
Whilst it lightly touches upon the security concerns around current blockchain models, I would have liked to see more coverage of security sub-topics that theoretically leave some implementations of blockchain susceptible to exploitation. For example:
- Sybil attacks
- Network Partitioning & Delay Attacks
- Future threat of Quantum Computing
- 51% attack
Nonetheless a very helpful paper.
Read the paper by clicking the button below.
