Building a Framework for Blockchain Adoption: What CEOs Should Know

Report Overview

Author: Irving Wladawsky-Berger
Release Date: October 26, 2017

Abstract:

This work helps CEOs to develop strategy around implementing and commercializing this new disruptive technology. CEOs must pick the right change agents to identify the problems to be solved with the technology so that the company picks the right pilot project. CEOs also need a strategy for communicating about that pilot with multiple stakeholders, learning from it whether it succeeds or not, and socializing lessons so that the company continues to experiment with the new technology.

Related Content

Enabling Enterprise Transformation with Blockchain

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.

Read More

Token Taxonomy: The Need for Open-Source Standards Around Digital Assets

This project underscores the importance of standards and governance of token innovation in managing digital assets. It takes an in-depth look at the Token Taxonomy Initiative, a new open standards effort championed by a who’s who of enterprise blockchain, from Accenture and Enterprise Ethereum Alliance to Microsoft and Web3 Labs. Its members have taken a first-principles blockchain-agnostic approach to developing a Token Taxonomy Framework, which is expected to help unify our understanding of the token economy without sacrificing the decentralization that makes it so powerful. It starts with token types and progresses to token properties, with a goal of helping anyone—technologist, businessperson, or regulator—to have productive conversations and make critical decisions on token projects.

Read More