Blockchain as a governance tool

So far, in this chapter, we have focused primarily on the human side of governance. We have looked at the impact of the business model on governance, the business processes to consider, and the various potential structures, but what about the technology? What is the effect of the governance model on technology, and how does technology impact governance?

While the primary focus of blockchain projects is on solving business and enterprise issues, the foundation still relies on technology. In this section, we will look at the significant policy capabilities of Hyperledger Fabric and how it can support governance.

Managing network policies

As you now know, the system ledger is used to store the organizations, policies, and channels that make up the network. Storing configurations on the ledger means that any modifications need to be signed and approved.

Hyperledger Fabric is, therefore, excellent from an audit perspective, as it...