Is Blockchain For You?

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Do multiple parties need to view or interact with the data? Do multiple parties need to view or interact with the data? YES NO

Do you require high performance, rapid (millisecond) transactions? Do you require high performance, rapid (millisecond) transactions? YES NO

Do you need to store large amounts of data as part of your solution? Do you need to store large amounts of data as part of your solution? YES NO

Is there mistrust between the various parties viewing or interacting with the data? Is there mistrust between the various parties viewing or interacting with the data? YES NO

Are there third parties that everyone can trust? Are there third parties that everyone can trust? YES NO

Do multiple parties need to update or change the shared data? Do multiple parties need to update or change the shared data? YES NO

Is the goal to disintermediate existing trusted third-party relationships? Is the goal to disintermediate existing trusted third-party relationships? YES NO

Will all parties that update data be able to agree on the rules of who/how/when data can be updated? Will all parties that update data be able to agree on the rules of who/how/when data can be updated? YES NO

Will there be enough network participants to reach a consensus about what is a valid transaction? Will there be enough network participants to reach a consensus about what is a valid transaction? YES NO

If permissions are required, can agreement be reached on who/how user rights will be granted? If permissions are required, can agreement be reached on who/how user rights will be granted? YES NO

Start using blockchain for immutable and/or external audit. Start using blockchain for immutable and/or external audit. YES was selected

Start building your business case on blockchain. Start building your business case on blockchain.

No blockchain (use shared database) No blockchain (use shared database)

Use a private database. Use a private database.

Use a shared database/ledger. Use a shared database/ledger.

Use a trusted third party. Use a trusted third party.

Reconsider who participates in your blockchain network. Reconsider who participates in your blockchain network.

Solve your user identity and/or permissions problem first. Solve your user identity and/or permissions problem first.