Blockchain Use Cases
We define a blockchain as “a decentralized, peer-to-peer system for validating, time-stamping, and permanently storing
transactions on a distributed ledger that uses encryption protocols to
authenticate digital
asset ownership and consensus protocols to validate transactions, prevent double spending and
ensure the integrity of
the digital ledger. Some blockchains also use smart contracts that apply rules to automatically execute transactions based on agreed upon conditions.”
Your group’s job is to find organizations that
are using blockchain technologies. You have two options: Either interview 3 people within one organization
and produce a detailed client adoption case study, or interview 3 people from
different companies and provide a higher level description of each.
Please be aware of your audience: The audience will be aware of the market
size, definitions of blockchain, and technologies
such as encryption protocols, consensus protocols, cryptocurrencies, etc.
The presentation should cover:
Size
of company in terms of sales and profits & number of employees
Major
products/services the company sells
High
level organizational chart
Division
within the organization where blockchain was adopted
Describe
the business use case
Describe
why the organization decided to adopt blockchain
(business case)
Why
did blockchain technology did they select and why?
What were the major technical challenges?
How
well does the blockchain perform?
How
were stakeholders managed? (employees, customers, managers)
What
lessons were learned?
How
do this case’s lessons compare with what you learned in class?