New Delhi, Nov. 13 -- Blockchain is forecast to generate $3.1 trillion in new business value worldwide by 2030, half of it by 2025 with applications designed for operational improvement, according to Gartner, Inc. However, enterprises can make missteps that will leave them out of position to capitalize fully on blockchain, under competitive threat by using the wrong strategy and being lulled into a false sense of progress and capability.

"Beyond operational improvements and increased efficiency, fully mature blockchain complete solutions will allow organizations to re-engineer business relationships, monetize illiquid assets and redistribute data and value flows to more successfully engage with the digital world. That is the real busines...