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Blockchain Technology Capabilities Can Resolve Key Barriers to Ecosystem Development.: BurstIQ Named in Gartner ReportENGLEWOOD, Colo., Aug. 15, 2023 /PRNewswire/ -- The recently released 2023 Gartner Emerging Tech: Network Effect Is Critical to Blockchain Solution Success states, "Blockchain-based solutions are ideal for business ecosystems characterized by a lack of trust, process efficiency and asset transparency." The research further describes the resulting "network effect" blockchain systems enable. "The network effect is defined as the exponential rewards that are reaped by all participants, wherein the more participants you have, the more rewarding the blockchain network becomes." BurstIQ is recognized as a sample blockchain vendor in the report. The report covers the blockchain capabilities that can solve three primary problems in existing business networks
BurstIQ: Connecting Trustworthy Data Ecosystems with Web3 Blockchain Technology BurstIQ's LifeGraph® is a pioneering blockchain-based platform that empowers businesses to solve complex challenges within their ecosystems. BurstIQ has been at the forefront of leveraging blockchain technology to drive trust, efficiency, and asset transparency in healthcare, financial services, supply chain management, and more. "Through our innovative Web3-powered LifeGraph platform, BurstIQ is reshaping industries and empowering organizations to unlock the true potential of their ecosystems," said Frank Ricotta, CEO & Founder of BurstIQ. "We believe that the power of the network effect can drive unparalleled value for our customers, and our commitment to eliminating adoption barriers ensures seamless integration with their existing systems." Gartner clients can access the full report here: https://www.gartner.com/document/4566899?ref=solrAll&refval=373204533& Gartner, Emerging Tech: Network Effect Is Critical to Blockchain Solution Success, By Danielle Casey, Ray Valdes, Published 25 July 2023 GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. About BurstIQ BurstIQ's LifeGraph is an advanced data management platform that enables secure, transparent, and efficient data management for businesses across various industries. By harnessing the power of blockchain technology, BurstIQ empowers organizations to quickly integrate data from any source so they can create a trustworthy business ecosystem. The platform applies knowledge graphs to make data more accessible and to deliver insights that optimize processes, reduce risk, and personalize customer solutions across their ecosystems. With a strong focus on innovation and customer-centricity, BurstIQ continues revolutionizing industries and setting new standards in enterprise blockchain-powered Web3 solutions. To learn more about BurstIQ and its groundbreaking offerings, visit https://burstiq.com. For media inquiries, please contact: View original content to download multimedia:https://www.prnewswire.com/news-releases/blockchain-technology-capabilities-can-resolve-key-barriers-to-ecosystem-development-burstiq-named-in-gartner-report-301899975.html SOURCE BurstIQ |