DHS cautions about Blockchain publicity creating ‘tension’ between business owners and blockchain providers
A DHS official has made a clear statement about the rising Blockchain hype in a written testimony titled “Leveraging Blockchain Technology to Improve Supply Chain Management and Combat Counterfeit Goods”.
According to the official of Department of Homeland Security, growing Blockchain publicity can result in hindering its implementation at greater level.
Douglas Maughan, Science and Technology Division Director at U.S. DHS addressed the U.S. Science and Technology Committee on the same topic.
The testimony made by him covered certain important keynotes regarding Blockchain technologies in future:
- He stated about the need of Blockchain implementation with the best practices to deploy it in an efficient manner. He said, “Organizations are looking for vendor-neutral guidance and best practices on when, where, why, and how this technology can be used. Such unbiased knowledge and implementation expertise is in very short supply, which will likely have significant impact on adoption”.
- He stated that there is a shortage of “best practices and implementation design patterns” for evaluating when a particular blockchain implementation is in line with the data security and integrity for the organization. He stated, “Analysis to determine if a particular blockchain supports the security and privacy considerations is either non-existent or not readily available.”
- Their can be a silent war amongst the business owners and blockchain providers for a particular blockchain implementation in an organization. He stated an example saying, “A technology provider’s desire to gain traction for their particular blockchain implementation may run up against the business/system owner’s expectation of having an open architecture environment for their systems, rather than vendor-specific approaches to prevent technology lock-in. Technology providers may recommend a replacement strategy to implement their blockchain, which runs counter to the business/system owners desire for new technology to integrate with their current business processes and technology to preserve and leverage existing investments.”
- According to him private sector is moving ahead in Blockchain implementation in comparison to the public sector. He further added, “Government must be informed and ensure blockchain technology — as it evolves — supports standardized approaches for security, privacy, and data exchange to create efficiencies and enhance the public good. Government must also consider leadership opportunities within the broader community and partner with industry to bring solutions to market”.
Image via Shutterstock