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Re:IBM has cut its blockchain team down to almost nothing – ... by Qub3d on Wednesday February 03, 2021 @12:02PM (#26015796)
From an academic paper titled "Do you Need a Blockchain"[0] comes the following flowchart, which I think is a great explanation for business failures in this area: https://lh5.googleusercontent.com/DdXkPEPGlfox5LZLR94Bnxz8hq...

[0]:https://eprint.iacr.org/2017/375.pdf

Re:IBM has cut its blockchain team down to almost nothing – ... by vidarh on Wednesday February 03, 2021 @05:43PM (#26020196)
It lacks a box for "are my potential investors gullible enough to give a higher valuation/be more likely to say yes if I mention blockchain?"

It seems a fairly significant proportion of blockchain use comes down to that.