Wednesday 31 October 2018

Why BlockChain



You may want to get an answer for few of the below questions before concluding on the need of BlockChain
  • Are there multiple people / party who need to view / interact with the data ?
  • Is there a challenge in trusting various parties who view / interact with the data ?
  • Is there a 3rd party in the business ?
  • Do you want to remove the existing trusted 3rd party relationship, as there may be heavy cost involved?
  • Is the business requires to for multiple parties to change / update the shared data ?
  • Should all the parties be able to agree on the rules of who/how/when data can be updated?
If the answer is “YES”, then you may want to think of BlockChain and may be preferably Oracle BlockChain 😊😊

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Why BlockChain

You may want to get an answer for few of the below questions before concluding on the need of BlockChain Are there multiple people / pa...