Decision path for blockchain
Just like every new technology refresh, leaders and management bodies have to follow certain predefined procedures before they can approve the proposal for a technology upgrade. The decision path is the flow of a set of actions that must be followed before coming to a conclusion. Let's understand some of the popular decision paths for blockchain technology:
- IBM model: This is about helping decision makers know when to use blockchain. It also takes you to the go-to-market with blockchain. This is a simplified layout to demonstrate under what conditions blockchain integration can be a good fit for your organization. IBM Hyperledger Fabric is built to provide private blockchain solutions for industries, as shown in the following diagram:
- Karl Wust and Arthur Gervais model: This model is more about deciding which blockchain flavor is best suited for your business needs. This was developed in May 2017 and was designed to structure a methodology to determine solutions...