m Blockchain Consulting
Key Points
- Lots of services competition in all blockchain segments including Hyperledger
- Keys to success in blockchain services
- build competent virtual team
- project delivery controls: GSuite, process ( connect > engage > define > design > plan > deliver > implement > support )
- solutions track record
- build out targeted industry verticals
- partner with key players: Hyperledger, IBM, Sovrin, R3, related ERP services to add BAAS and ???
- promote opportunity, value, success tips, technologies through right channels
- simple web solution services site:
- define business plan with quarterly kpi's
- sell solution templates for domains that are extensible, interoperable
- more
References
Deloitte 2020 Blockchain Solution Survey
_survey-blockchain-deloitte-DI_CIR 2020 global blockchain survey.pdf
Focus concepts
- blockchain
- blockchain now seen as core enabler for business processes
- strategic, scales, real use cases, competition is working on it now
- questions: is blockchain secure?
- value-add: provenance, fraud reduction, automation, faster settlements, asset trades, digital trust, certification, compliance, licenses, payments
- production solutions range from 30% to 60% by country now
- blockchain is a business change agent involving stakeholders inside, outside the organization
- keys to success:
- clear use cases, clear kpis, re-engineered BPM for all party roles & decision models, clear success keys & lessons learned for pilots
- digital assets
- works for major assets ( buildings, real estate, vehicles etc ) as well as digital twins of smaller systems
- benefits: fungible ownership, use, automation of systems, trading, rewards, potential use of stable coins,
- tokenization
- token economies - rewards, gaming, other
- cybersecurity
- cybersecurity risk management needs to engineered into blockchain ecosystems
- global identity
- value-adds: identity, privacy mgt, ownership, financial transactions, credentials, KYC, AML, fraud prevention, healthcare
- governance, digital trust, TOIP, reputation all key to acceptance, validation of digital identities
- regulations
- lower costs, times for regulatory compliance apps
- interoperability standards will make compliance easier
- governance
- consortia focus on: how systems are run, decisions made, profits shared, onboarding processes
- summary
- regional leaders: UAE, Singapore, China, India, EU
- larger organizations normally lead ( $100M > revenues )
- leading sectors: technology, fin services, manufacturing, supply chain
- impacts include: revenue, efficiencies, compliance, timeliness, quality, better data security
- challenges: defining value, costs, success keys, skills, re-engineering, integration, data quality, interoperability, tech change, ROI concerns, rollouts
Survey Skips
- automation
- AI
- Iot
Key Questions
Digital Transformation Roadmap
Cloud Services Architecture ( CSA )?
in-house
cloud
hybrid
services
cloud native
serverless
pluggable