Despite fragmented market, colleges continue to experiment with blockchain – Education Dive

Dive Brief:

• Colleges using blockchain to share and verify students’ academic credentials may be given pause by a new Gartner report indicating that 90% of blockchain implementations will need to be replaced within 18 months to remain viable.
• The report strikes a cautionary note, indicating the market is fragmented and difficult to understand and as a result leads early users to adopt disparate offerings and tack them onto existing technology infrastructure, writes Adrian Lee, senior research director.
• Still, growth is expected, with Gartner projecting the blockchain market to reach $176 billion in 2025 and $3.1 trillion by 2030. Lee advises tech leaders to prepare for a “multiplatform” industry with shifting standards and rapid evolution.

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