A Strategist’s Guide to Blockchain

John Plansky, Tim O'Donnell, Kimberly Richards, Strategy+Business, Aug 08, 2017
Commentary by Stephen Downes

This is a pretty good introduction to blockchain, now characterized as "any distributed electronic ledger that uses software algorithms to record transactions with reliability and anonymity." More specifically, "blockchain is a self-sustaining, peer-to-peer database technology for managing and recording transactions with no central bank or clearinghouse involvement." There are some good examples of how blockchain may sustain a variety of recordkeeping functions, but the 'strategc perspective' is strictly basic advice: identify opportunities, evaluate, run pilots, and scale.

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