Industry Ecosystems and Blockchain: What Enterprise Leaders Should Know about Consortia
Report Overview
Author: Anthony D. Williams
Release Date: February 18, 2020
Abstract:
This research describes many industry consortia within the blockchain enterprise space and describes the goals of three in particular—Blockchain Insurance Industry Initiative, Enterprise Ethereum Alliance, and Hyperledger, hosted by the Linux Foundation. The project involved interviews with twenty-five executives and thought leaders who are innovatively deploying blockchain technology in industries ranging from artificial intelligence to healthcare. It lays out the business case for joining blockchain consortia including developing standards for technologies and building trust and confidence in new technology solutions. It distills the best practices of building industry consortia such as organizational design, attracting high caliber participants, and running high-impact projects.