We are thrilled to share that we have completed Pollen Propel Sessions 7 & 8! The key takeaways from our deep dive into “Technology and Business Considerations of Blockchain Products/Services” have been incredibly insightful. The comprehensive 9-step approach to blockchain evaluation and strategy has provided our teams with critical tools and methodologies, including:
- Identifying Stakeholders: Recognizing all peers participating in state/ownership changes.
- Interaction Maps: Understanding interactions and touchpoints of all peers.
- Trust Map: Examining intermediaries, trusted third parties, and paperwork involved in trust.
On the domain-specific front, we focused on:
- Problem Solution Fit: Determining the scope of addressable problems.
- Consortium Formation: Defining participants, workflow, compliance, benefits, and ROI for each participant.
Technologically, we emphasized:
- Blockchain Tech Stack: Choosing the right technology stack as per requirements.
- Authorization & Access Control: Defining authorization and access controls based on consortium organizational structure.
- Chaincode & Consensus: Codifying business logic into chain code and participating in consensus for every transaction.
- Shared Data: Viewing all validated transactions on Block Explorer.
With these structured insights, our teams are now better equipped to tackle both the technical and business aspects of their projects, paving the way for comprehensive and successful development.