How can blockchain be applied to my business or organization?
One of the frequently asked question from the audience.
Rather, the first question to ask should be
“Do I really need #blockchain for my business or the organization?”
Technology for the sake of technology is pointless.
Don’t go for blockchain simply because you want to be part of the trend. Perhaps the decision tree from WEF (World Economic Forum) will help.
It is composed of a number of questions that assist in defining whether a blockchain is a correct approach for a particular business or not.
Suitable for CEO and decision makers.
White Paper : Blockchain Beyond the HypeA Practical Framework for Business Leaders
Image above shown the cover page of MIT Technology Review magazine for May/June 2018. The featured story takes a look into Blockchain, An explainer of what is a blockchain, where it came from, what it does, and how you make one by MIT Technology Review Editors.
For those who are embarking the blockchain journey, just like any real estate development projects, if you can’t get enough funding and professionals to deliver what had been envisioned, it will still be just drawings on paper at the end of the day.
Get down to Earth. Make things happen.
We shall see more consolidation and fulfillments in Blockchain projects from 2018-2020.