In fact, blockchain and DLT platforms have crossed the disillusionment trough of the hype cycle and are well on their way to driving real productivity. Trendy cryptocurrencies and nonfungible tokens (NFTs) capture media headlines and the public imagination, but these and other blockchain and distributed ledger technologies (DLTs) are also making waves in the enterprise. Government agencies, hospitals, and pharmacies coordinate and execute expansive vaccination programs that prioritize efficiency and safety, and preserve intellectual property. Moreover, these same data-sharing protocols have helped drug makers, The COVID-19 pandemic, researchers, medical authorities, and drug makers were able to accelerate the development of treatments and vaccines. For example, by pooling clinical data on shared platforms in the early days of Indeed, theĪbility to share secured data with others within an ecosystem or value chain is giving rise to new business models and products. This can open up a new arena of data-driven opportunities. Value from their own sensitive data while leveraging enormous volumes of externally sourced data that has traditionally been off limits. As part of a growing trend, organizations are unlocking more A host of new technologies promise to simplify the mechanics of data-sharing across and between organizations while preserving the veil of privacy.
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