Sep 16, 2021 - With decentralization as a key design tenet, distributed ledger technologies are difficult to govern with centralized models of organizational oversight. While cryptoassets, smart contracts, and blockchains create efficiencies and mitigate certain known business risks, they introduce a unique set of risks. This project outlines strategies for managing, measuring, and mitigating these risks. For enhancing controls, its authors map out an integrated control framework with standards, roles, and responsibilities. They also look at audit and assurance of Dapps, proof of solvency, and regulatory compliance. Finally, they present a new playbook with...

May 21, 2019 - This research delves into the current state of project management and how blockchain technology is beginning to transform it. Its authors identify five key areas where blockchain-based platforms and applications can support the efforts of the project management office, including creating and managing digital records, exchanging digital assets, verifying and reinforcing acceptable performance, building reputation systems, and executing smart contracts. It presents case studies of enterprises that are currently deploying blockchain to manage clinical trials, construction projects, and the provenance and custody of assets in collaborations with ...

Feb 09, 2021 - This research project surveys what federal governments can do to exploit the next era of technology across their operations, within their economies and society, and with their allies and global partners. It focuses on the threats and opportunities facing the United States—including China’s increasing dominance in global supply chains and strategic innovation. It also speaks to challenges the new administration faces, and recommends five areas for immediate action: securing digital systems, citizen identities, and personal data; embracing cryptocurrencies and launching a digital dollar; transforming government services and culture; engagin...

Feb 18, 2020 - This research describes many industry consortia within the blockchain enterprise space and describes the goals of three in particular—Blockchain Insurance Industry Initiative, Enterprise Ethereum Alliance, and Hyperledger, hosted by the Linux Foundation. The project involved interviews with twenty-five executives and thought leaders who are innovatively deploying blockchain technology in industries ranging from artificial intelligence to healthcare. It lays out the business case for joining blockchain consortia including developing standards for technologies and building trust and confidence in new technology solutions. It distills the best...

Mar 23, 2020 - This research focuses on blockchain as a platform for enterprise transformation in terms of operations, organizational structure, systems integration, new product development, and business model innovation. The featured case study shows how Canada's largest digital payments company is using blockchain to seize new opportunities in the highly regulated energy and health care sectors, primarily through a blockchain-powered app that offers consumers monetary incentives paid in real time for changing their behavior. The case underscores the importance of organizational governance, culture, and fresh approaches to accessing skills and talent.

Sep 02, 2020 - Within each industry, distributed ledger technology is influencing the value chain and the role of a CFO. This project outlines why the CFO, as the CEO’s business partner, should understand blockchain’s impact on enterprise strategy, not just on corporate finance, capital investment, and operations. It shows how blockchain could catalyze change in the near term, with finance use cases in taxation, accounting and audit processes and in digital asset payments for consumer goods, employee payroll, and cross-border transactions. In the longer term, CFOs will help make the business case for blockchain applications in trade finance, supply chai...