- Blockchain, the underpinning technology behind bitcoin, is broadcast as a powerful technology capable of transforming the entire business world.
- Many companies are racing towards blockchain adoption in hope of achieving first-mover advantage.
- Supply chains have never been under more stress than now, due to the COVID-19 pandemic. Organizations are looking for solutions to drive transparency, integrity, efficiency and security.
Our Advice
Critical Insight
- Most leaders have an ambiguous understanding of blockchain and its benefits, let alone how it impacts their organization.
- With bitcoin drawing most of the media attention, organizations are finding it difficult to translate cryptocurrency hype to business use case.
Impact and Result
- Distinguish blockchain from bitcoin by introducing a business-centric definition of blockchain around its unique and competitive technological features.
- Discover successful blockchain use cases in different industries; business leaders can leverage tangible real-life examples to interpret the impact of blockchain on their own industry.
- By analyzing the value chain of their business, CIOs can understand stakeholder pain points and craft a blockchain use case around them.