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according2jb.com
Blockchain
Blockchain. Is it right for your business?
Some companies are genuinely interested in the unique features of blockchain and its potential value for the right use case.
Whether interest lay in the decentralized nature of data and block creation, the profit-driven disinterested third-party validation of data, asymmetric encryption at the root of all blockchain activity or the automated approach to multiparty contractual obligations, blockchain has some compelling features enterprises overlook at their own risk.
According2jb.com has created a detailed proprietary Protocol Management methodology which deconstructs in detail every feature and component of a blockchain, based upon analysis of some of the most widely adopted blockchain platforms in existence—including Ethereum, Solana, Polkadot and Avalanche.
We have organized the critical characteristics of blockchain similar to medical school anatomy curricula. Information is organized around systems ie circulatory, skeletal, nervous etc.
Blockchain categories include but are not confined to smart contracts, validation, storage, governance, ecosystem design [incentivizing development] and tokenomics. How do these important systems interoperate to deliver the full blockchain value proposition?
This toolset is available to the enterprise that first needs to understand blockchain in detail before considering a pilot, either ground up or through a specialty service provider. Use the methodology to design the crucial elements of your own blockchain first. Then in possession of its technical and business requirements, IT and line managers will gain an informed understanding that will allow brainstorming as to blockchain’s applicability to the organization.
Can blockchain work for us? And what value do we hope to capture? We can help you answer these questions.
Blockchain is innovative. But not the way some think.
When we think of technological innovation we can cite many: the rise of the PC, the three-tier client server computing architecture, web-based applications and more recently virtualization and generative artificial intelligence. It’s important for managers just starting to explore blockchain to understand that little that comprises blockchain is innovative in the sense of the cutting-edge newness of discrete technologies. Rather, the innovation takes the form of a design philosophy: the ways in which existing tech has been arranged and assembled to give blockchain its unique attributes. Design is where the innovation is. Analogous to containers and microservices. Consider some critical, fundamental elements of blockchain and their relative maturity:
INTERPLANETARY FILE SYSTEM
9 years old
INTERNET PROTOCOL V6
28 years old
KEY PAIR ENCRYPTION
60 years old
DATABASE SHARDING
20 years olf
15 years old
BLOCK DATA STRUCTURE
PROOF OF WORK
15 years old