CIO Decisions – July 2016, Volume 54
Bill Caraher, CIO and director of operations for a Wisconsin law firm, is one believer in the huge impact blockchain technology -- a peer-to-peer distributed network used to validate transactions and other records -- can have on legal services. Blockchain implementations, he said, could "lead to speedier resolutions, [and] it could lead to better evidence gathering [and to establishing] foundation for a case" and have other "sweeping implications" for this industry. Indeed, the technology's potential use cases are a hot talking point among Caraher and fellow observers of blockchain -- but figuring out which use cases make sense and putting them into action demand a lot of work. The effort involved in implementing blockchain will depend on many factors, including vertical industry, having the right software and hardware, and more.
In this issue of CIO Decisions, Editorial Director Sue Troy lays out the four key stages of blockchain implementations, including identifying use cases, running proofs of concept and launching field trials. Plus, we explore how one healthcare CIO used cloud computing to bridge the disconnect between IT and patient care; get MIT Sloan cybersecurity expert Stuart Madnick's take on how to build a better defense against dark web hackers; and delve into innovative ways to close the tech skills gap.