Blockchain technology: A corporate enigma | TECH(talk)

The video discusses the current state of blockchain technology, highlighting its rapid evolution and the cautious stance of industry analysts like Gartner. Despite the initial hype, blockchain is facing challenges such as fragmentation and lack of standards. The discussion also touches on the potential impact of blockchain on global finance, with examples like Facebook's Libra and its implications for the EU. The video concludes with a Q&A session addressing blockchain security and the future of blockchain standards.

What role do industry groups play in the standardization of blockchain technology?

How do companies like IBM and Oracle contribute to the development of blockchain technology?

What are the potential security issues associated with blockchain applications?

What is the importance of consensus mechanisms in blockchain networks?