Planning a new Blockchain | HCLTech

Planning a new Blockchain


Blockchain is an emerging technology that has the potential to change the way many types of businesses are conducted. As a result, interest in this technology is growing rapidly. In this white paper, we discuss some issues that need to be addressed while planning a new blockchain project. 

  • The first step in planning any new blockchain is to be sure that you have a use case that really requires a blockchain. After that, there are a number of technical and practical issues that need to be worked out.
  • Begin with a proof of concept - Implementing a new blockchain application involves using a new technology to change the business practices of multiple organizations. Some of the most promising Blockchain technologies are still immature and not ready for production use. With an immature technology and limited experience of applying it in a business context, it makes sense to start small.

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