I have been in regular touch with enterprise vendors for a while and in the past year, I have engaged with blockchain technology companies and communities. They are 2 worlds – the differences are stark in how they approach the market, what they attempt to solve and how they go about it. While both may b
e true to their mission, one cannot help wondering if both will do better by leveraging the other. Enterprise vendors understand different industries, how they work today (whether you like it or not), their challenges and complexities, whereas I do not see much evidence of that in the blockchain community. On the other hand, the blockchain community has a much truer appreciation of the potential of blockchain and decentralization, than what I hear from enterprise vendors.
For blockchain’s potential to be fully realized, it will be necessary for this gap to be closed. Certainly, there is more involvement on either side to reach out to the other recently, evidenced by more enterprise vendors joining the blockchain ecosystems and blockchain communities launching enterprise efforts. But, I wonder if the current efforts are enough considering that the nature of blockchain is significantly different from most other technologies and might require a deeper involvement. We should know in the near future. What do you think?