Business Networks

Whenever we encounter a new or complex task, one of the biggest challenges is how to think about the problem. That's the point of a business network. Once we understand the idea of a business network—its structure and processes—we're able to see how blockchain technology can be successfully applied to our business problem or opportunity.

We're going to explore how the concept of a business network helps us analyze a business. Looking at the set of counterparties with which a business interacts gives us an excellent starting point for understanding that business. By extending our examination to the processes and interactions with those counterparties, we will get a fundamental insight into the value of a business. And that's going to equip us with the necessary intellectual tools to design a viable solution in which a blockchain can often play a key role as a foundational technology building block.

A business network built...