Educhain, Smart Dubai and Dubai Blockchain Center launched a blockchain report on how to navigate blockchain project implementations lessons learned and recommendations.
The Blockchain Insights reports states that while Blockchain cannot fix every IT challenge it can be applied to records and data notarization, value and asset exchange and smart contracts.
Educhain Founder Mark Balonex told UNLOCK, ” We wrote this report because we wanted to share our experience and learnings from the multiple projects we have implemented. By fostering learning and open communications we can grow the ecosystem.”
Blockchain can streamline administrative process as well as create new business models but there needs to be an understanding of pre implementation, implementation an post implementation issues.
In pre-implemetation main issues are engagement, and understanding, while post implementation requires governance and regulatory procedures to be set in place.
Download the report for more information