January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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Framework to evaluate the suitability of blockchain
An evaluation framework was created by several researchers, namely Sin Kuang Lo, Xiwei Xu, Yin Kia Chiam, and Qinghua Lu, in a paper titled Evaluating Suitability of Applying Blockchain. The framework considers many of the properties of the blockchain to evaluate whether it matches the requirements of the use case.
The proposed framework consists of seven questions that need to be answered before evaluating the use case, as shown in Figure 11.9. The framework suggests using a blockchain when the following conditions are met:
- The scenario requires multiple entities
- The operation is not centralized
- The integrity of transaction history is required
- Performance is not the priority
- There is no ...
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