| | DECEMBER 20196CIOReviewSpearheading on the growth bandwagon, 2019 has been another breakout year for blockchain technology. From nothing more than a public transaction ledger for cryptocurrencies in 2009, blockchain technology has today evolved into a transparent, secure, and effective network for a wide range of applications. Even as regulatory conclusions remain murky, investors are still deploying a huge amount of capital to leverage this technology. According to Gartner's recent report, blockchain will generate an annual business value of more than US $3 trillion by 2030.Currently, blockchain is being applied to businesses that depend on information sharing, peer-to-peer interactions, and payment functions. One of the major benefits of blockchain is its ability to secure data sets. From a technological perspective, it's blockchain's decentralization architecture that ensures the reliability and immutability of the data records. However, for blockchain to become successful in the mainstream market, it has to function better than the pre-established centralized networks having specific technical attributes--case in point, the exchange of digital assets as well as the exchange of data. Blockchain interoperability has become a buzzword in recent times as it aims to encourage cross-chain communication between networks that are blockchain-based but with different architectures. Cross-chain communication is achieved by enabling the exchange of digital assets and data. The exchange of data between different blockchains would allow operations executed on one blockchain to be performed in a separate blockchain. This would mean that smart contracts created in one blockchain can be triggered in a different technical platform as long as the blockchains have a universal code interpreter and verifier.As numerous enterprises and countries are rapidly adopting this technology, blockchain is all set to transform economies and change the way enterprises and governments work. Although, from a company's viewpoint, identifying partners or solutions that best align to their specific requirements has become imperative more than ever. We hope this edition will be valuable in helping you make informed decisions for your enterprise.Let us know your thoughts.EditorialTranscending Beyond the HypeCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewContact Us:Phone:510-230-0395Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com December - 24 - 2019, Vol 08, Issue-130 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAbhinav SharmaCarolynn WaltersDean WinchesterJune Williams Shirley FaithRussell ThomasVisualizers*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Asher Blake
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