Is Your Organisation Blockchain Ready?

Do you have an issue with everyone on your network being able to see and validate your transactions?

Do you have conflicting interests with you people you are transacting with (for example, a bank has conflicting interests with their customers as it relates to who owns money).

Do all parties you do business with need to play by the same rules (for example, can one party do something that other parties have not got the authority or ability to do).

Do transaction rules in your business change regularly?

Do you need an immutable (unchangeable) log of transactions in your business?

Is your business impacted significantly by fraud or counterfeiting?

Does your industry have a high level of influence by middlemen (thereby introducing or increasing transactional costs) that you feel can be removed from the transaction process.

Does your industry have a reputational issue or suffer from lack of public trust?

Are the products or services being sold by your business considered to be ‘big ticket’ items?

What description would best describe the product(s) your company sells?

How severely would your business be impacted if the party you are doing business with didn’t honour their side of the contract (either paying for work or delivering work).

Do you have to send or receive sensitive information that, if intercepted via email or cloud, would have a major impact on you or your client if it were made public.

How motivated is your business to identify and implement revenue generating opportunities that require little effort and cost to implement?