Many organizations realize the potential of digitizing assets such as bonds, securities, gift cards, loyalty points, etc. With cryptography, smart contracts and consensus algorithms converging to create a transformational ecosystem for businesses to exchange value, it is vital to implement a blockchain application that creates demonstrable value for all participants, while addressing the functional and non-functional requirements.
At present, there is no single globally-accepted blockchain reference architecture or standard patterns as the technology is still in its infancy. As a result, the recommended starting point is to apply the standard SDLC approach and infuse a dynamic, ...