Numerous criteria come into play when organizations are evaluating whether to adopt blockchain to address their pain points. Here are some considerations from a business perspective:
- Open platform and open governance: The technology standards a business chooses will set the stage for enterprise blockchain adoption, compliance, governance, and the overall cost of the solution.
- Economic viability of the solution: Whatever blockchain framework an organization chooses should provide cost alignment to its existing business models, chargebacks, compute equity, and account management. This flows into ROI.
- Longevity of the solution: As organizations aspire to build a trusted network, ...