What’s the state of blockchain today? In PwC’s 2018 survey of 600 executives from 15 territories, 84% say their organizations have at least some involvement with blockchain technology. Everyone is talking about blockchain, and no one wants to be left behind. But trust challenges — in the technology, with partners and
Blockchain can power your business processes and give rise to industry ecosystems. But there’s no point in re-creating the old world, but with a blockchain at its core. The danger in not recognising this paradigm shift from the outset is that you end up reasserting existing roles, processes and business models.
A single organization can benefit by more effectively managing enterprise-wide activities, but blockchain’s value multiplies when more players – even an entire industry – participate. Blockchain requires the creation of new industry ecosystems, in which participants must work together. To discover the other three
The participants of a blockchain ecosystem need to decide what the operating standards will be and what various users will be able to see and do. The design begins with the strategic business model, which includes making decisions about whether the blockchain will be permissionless, and thus available to everyone, or