Wall Street Journal Chief Information Officer Network: We Are In the Very Early Days of Blockchain

The general consensus of industry experts is that the adoption of blockchain technology is still in the early stages.

The Wall Street Journal CIO Network is an invitation-only membership exclusively for chief information officers and technology officers from the world’s largest and most influential companies. They are brought together by top Journal editors with the mission to identify key challenges in technology and new opportunities for innovation that will unlock value for their organizations.

The annual meeting of The Wall Street Journal CIO Network comprised of a range of experts from startups, large corporations and government shared their views on what is next in enterprise technology. They spoke about a range of topics including 5G, AI, Robotic arms, and Blockchain.

The report on the meeting says:

“Enterprise blockchain technology is functional now, but deployments take small forms, according to Christine Moy, executive director and head of the blockchain center of excellence at J.P. Morgan Chase & Co. These incremental use cases will evolve into something larger, she said.”

Moy thinks that blockchain will have in the enterprise, especially in situations where complex document flow and building authenticity are a challenge.

On AI, Stephen Messer, co-founder and vice chairman of Collective said:

“In sales, AI can help with basic automation and foster better business analysis. The company uses data, artificial intelligence and predictive technologies to help sales professionals assess which potential deals are most likely to close. That insight can help managers decide where to focus team resources.”

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