Any organization should start with a problem statement. Starting from the technology is pointless because it does not answer the end user's need. I often compare this typical behavior as grabbing a screwdriver and checking what can be fixed with it. Sure, some stuff might be repaired along the way, but the main problem would not have been fixed. Hence, it is important to identify the problem first, before thinking of a way out.
Once the issue has been identified, you should focus on the simplest solution available and answer the question: Do I actually need a blockchain?
The final response to this question will most likely be determined by the subsequent questions:
- Do you need to ensure a state of information or allow a digital value to be transferred between stakeholders?
- Are all of the stakeholders independent?
- Is there any trust...
