Blockchain technology is emerging as a key driver of growth. As a part of strategic planning, enterprises are evaluating industry-specific blockchain use cases including track & trace, real-time visibility, compliance simplification, digital identity, dispute resolution, reducing intermediaries, secure data sharing. While evaluating use cases, enterprises are still lacking tools to answer the most common questions – what is the business value of the blockchain use case? What would be the short,medium, and long-term value of implementing blockchain use cases?
This blockchain business value articulation framework aims to help organizations identify the business value that blockchain technology is enabling in their use-cases for all stakeholders in the ecosystem. Understanding the value for all stakeholders along the roadmap of the use case makes it easier for organizations to map the value of the investment to the roadmap that is enabled by a blockchain investment.
This framework helps organizations identify the business value that blockchain technology is enabling in their use-cases for stakeholders in the ecosystem. Understanding the value for all of the stakeholders makes it easier for organizations to map the value of the investment to the roadmap.
Introduction of a Private Equity fund consists of numerous transactions between multiple stakeholders – Investment Advisors, Administrators, General Partners, Regulators, Limited Partners, Banks and others. The current administrative processes often involve multi-party off-line data sharing and duplicate data entries leading to non-transparent and lengthy settlement duration for each fund launch. Learn how we worked with a large IT service provider to leverage blockchain based technology to realize the goals of a US-based global financial services firm to improve the process.