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Hurdles Facing Corporate Adoption of Blockchain

We were recently asked to examine the hurdles that companies face when facing how to adopt Blockchain.  Our model of analysis (Direction, Money, Growth, Talent) revealed the following insights:


With respect to Direction:

Companies are interested in implementing Blockchain because they perceive a great deal of market interest and curiosity in that technology, but their issue is often one that relates to application feasibility - they are searching for areas where Blockchain is the ideal solution.  In many cases, they are not finding application spaces where Blockchain couldn't be substituted with an approach that they know better in terms of implementation considerations and outcomes, especially security and access control outcomes.  This speaks to the worldview of most companies, which runs counter to the spirit, if not the architecture, of Blockchain to begin with.


With respect to Money:

Many companies are only skimming the surface of Blockchain at the moment and conflating the white-hot interest level in speculative activities associated to the release of private-label cryptocurrencies with the underlying broad utility and applicability of Blockchain.  This means they are attracted to what one might call the capital formation side of the Blockchain equation, but not appreciating the beauty and power of the utility side sufficiently, because money is so vital.  Right now, the controversy surrounding tokens (which are not strictly necessary to use or apply Blockchain) is overshadowing everything else to the point where confusion, uncertainty and misinformation is drowning out the message of general usefulness of Blockchain as a resilient, corporate-grade technology approach, especially in distributed or federated scenarios.


With respect to Growth:

Blockchain is not a panacea that cures all ills, but in many ways it is being used as one to help drive growth.  From a certain perspective, we see too many companies adding "Blockchain" to their corporate messaging not as a way to signal a deepening of their technological foundations, but as a way to signal to the market that they are hip and worth a look.  Using Blockchain in this way, to generate hype, is somewhat of an abuse of the term, and only helps to obfuscate the places where Blockchain is a real value-add to a company seeking the missing link that will help them attain breakout status.  For the past while, there's been a lot of "just add Blockchain" to corporate PR messaging.  From a legitimacy of adoption point of view, this is more counter-productive than anything else, because it's mixing fool's gold in with the gold, and consumers are being put at risk of being taken in by charlatans.  This is why the regulators are now paying so much attention to the Blockchain space.


With respect to Talent:

Talent is perhaps the biggest challenge that companies face when considering the adoption of Blockchain.  The technology is new.  Experts are scarce.  Provable use cases are thin on the ground.  Best Practices are difficult to identify.  Most of what we see in the public sphere as "Blockchain" is intertwined and synonymous with cryptocurrency capital formation plays, which confuses matters.  Most heavy-duty Blockchain implementation in the corporate space are privately operated, and tightly secured.  Depth of experience with the technology is measured in single-digits, and the technology itself is in such a state of flux, even self-proclaimed "experts" may have developed themselves in the wrong direction.  Little to no formal training is available at the Tertiary level and almost no institutions include Blockchain in their instruction, much less graduate students with a reliable minimum of standardized Blockchain fluency.

New Blockchain Unit Created

Spurred on by requests from some of our most cherished clients, Remediare has launched a Blockchain Unit. 

Contact Us to find out more!

The Remediare Blockchain Unit provides a comprehensive suite of Blockchain-related services to companies that want to take advantage of the new fund-raising wave that is upturning the Traditional Capital Markets - the cryptocurrency revolution, the most famous example of which is BitCoin.

Through its Talent Base and Network, Remediare is now capable of providing the following services to companies interested in Blockchain:

  • Business Re-Engineering for Blockchain
  • Business Design for Blockchain
  • Providing Liquidity to pre-Token Generation Event companies
  • Token Design
  • Smart Contract Design
  • Token Generation Event Promotion
  • Token Generation Event Support Services
  • Community Building
  • KYC and AMLA Screening
  • Token Audit
  • Token Distribution
  • Exchange Listing

...and much more.

Our Story

Remediare is an SME focused management consultancy that works closely with businesses striving for the next level of success.  We are a positive, experienced force of professionals who help corporate leaders envision and accomplish change, prepare for the next round of investment funding (or sell their company) or bridge gaps in talent that are preventing them from moving ahead with their commercial agenda.

Remediare's greatest strength is in assisting organizations to visualize, plan and adopt growth strategies they never would have thought of (or been able to execute on) without our involvement.  A typical Remediare consultant is a financially independent, semi-retired working person who has decided they want more of a balance between life and work, recreation and action.  For our consultants, working with clients is a pleasure, passion and vocation as opposed to an obligation, a rung on some corporate ladder or a means of making ends meet.  Because of this, our consultants can be more free in terms of their advisory and have more tools available to help our clients than some of our competitors.

Remediare is different from other consultancies in the sense that we do more for our clients than just produce a set of pretty but dust-gathering reports or recommendations.  We help leaders change the way they think about their business by encouraging them to visualize, plan for and then achieve the fullest potential of their circumstances.  We often have to help the organizations we work with (especially in the middle and lower ranks) to overcome defeatist, convenient or blinkered thinking.  Our ultimate goal is to help the entire organization realize that they are not prisoners of their pedigree or their past, that the only time that really matters is right now and that the range of opportunities they face is just the beginning.

On a practical level, we help organizations to strategize against and overcome constraints, real or perceived.  We help our clients to document, systematize and optimize their operating models.  We our customers to prepare for and accept investment funding.  While our duties are normally limited to a part-time involvement, the intensity of our mandates can sometimes be quite deep.  Remediare consultants are fully capable of temporarily assuming the acting responsibilities of an empty operating role should the situation (and the client) require it.

A normal Remediare mandate lasts from 12 to 24 months.  They always feature a Lead Consultant who works very closely with the client.  The Lead Consultant acts primarily as a business coach and sounding board for the owners or management with the selective involvement of other members of the Remediare team on an as-needed basis.

Case Studies


Halving delivery costs and doubling the top line revenue of a multi-line Hong Kong IT Services Firm

Human Potential

Launching two new lines of business within a Hong Kong / China Psychometric Evaluation Provider

Team Building Asia

Doubling the delivery capacity and opening three new distribution channels for an ASEAN Team Building Provider with offices in Singapore, Hong Kong and Shanghai


Dramatically expanding the eCommerce potential of a French Luxury Cosmeceutical Firm

Brown Capital Partners

Business processes mapped and optimized.  Expanded overseas reach into 5 new countries.  Created online and social media Internet presence.