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Where Should You Start With Enterprise Blockchain Technology For Your Business Challenges?

 

How to identify the blockchain solution?

 

Once you know that blockchain technology is the likely solution, you need to validate this and then investigate how this will be delivered and with which blockchain solution. As with all technology, there is not just one blockchain-based solution; rather, there are many different blockchain solutions, and they are all able to solve different challenges and use cases.

At Luxoftwe have a tried and tested process to find out what blockchain combination works best for a particular company’s challenge. In order to find the ideal solution for your company, we recommend using a sort of litmus test to arrive at three potential outcomes: ideally suited, somewhat suited and not appropriate. This is important to ensure you only apply blockchain solutions to business challenges you can fix.

When we discover a business challenge has met either the “ideally suited” or “somewhat suited” criteria, we then take a structured look at the business case evaluation and, if required, our blockchain design thinking workshops. The end result will be a blockchain solution that’s designed for a company’s specific business challenge

Taken from my article on Forbes: https://www.forbes.com/sites/forbestechcouncil/2019/05/08/where-should-you-start-with-enterprise-blockchain-technology-for-your-business-challenges/#68cbc7ab14df

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