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Blockchain for Business


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Table of Contents

  • Chapter 1: Introduction to Blockchain
  • Chapter 2: Opportunities and Challenges
  • Chapter 3: Understanding the Technology Landscape
  • Chapter 4: Business of Business Models
  • Chapter 5: Developing a Governance Structure for Blockchain Networks
  • Chapter 6: Building a Team to Drive Blockchain Projects
  • Chapter 7: Understanding Financial Models, Investment Rubrics, and Model Risk Frameworks
  • Chapter 8: Looking Ahead: What Does the Future Hold?

About the Author

Jai Singh Arun is a senior program director at IBM corporate strategy team and drives strategic product management and business development of IBM Research innovations within Blockchain, Artificial Intelligence, and Cybersecurity areas. He has over two decades of global, cross-functional business and emerging technologies leadership experience, building multi-million dollar software, systems, and services businesses. Jerry Cuomo leads IBM's engineering and product initiatives on Blockchain. He holds the prestigious title of IBM Fellow and is recognized as one of the most prolific contributors to IBM's software business, producing products and technologies that have profoundly impacted how the industry conducts commerce over the World Wide Web. Nitin Gaur is an IBM distinguished engineer and worldwide director and he leads IBM's global blockchain labs and services. He is responsible for strategy and developing offerings of IBM's digital currency technologies, such as stable coins and digital fiat. He pioneered IBM's enterprise blockchain strategy and advised IBM decision makers, business partners, and clients on the use of the technology.


"Much has been written about blockchain in the past few years: what it is and what it is not (at various levels of detail), as well as the technology's long-term strategic value for companies, industries, and economies. However, what we've been missing is a practical, operational, 'how to' set of steps for creating, implementing, and operating a blockchain-based solution. This book aims to fill that gap. It's an invaluable tool for anyone ready to take the plunge and start taking advantage of this remarkable technology. "Most technologies can be implemented one business at a time. Not so with blockchain. Blockchain is particularly valuable when applied to a collection of companies working closely together as a business ecosystem, such as a supply chain. Blockchain for Business goes into great detail about what it takes to organize and manage such an ecosystem, including the technical and business models that in the end drive the decisions about whether to join or not, and the governance necessary for a smooth, efficient operations. It also nicely explains the necessary technical expertise and management roles needed to successfully create and operate blockchain frameworks and applications. "Blockchain for Business is an invaluable tool for anyone ready to take the plunge and start taking advantage of this remarkable technology." -Irving Wladawsky-Berger, Research Affiliate, MIT; Columnist, WSJ CIO Journal; VP Emeritus, IBM "Jai, Jerry, and Nitin have written the guidebook to address the critical knowledge gap that exists between the hype of blockchain and cryptocurrencies and the pragmatic utilization of blockchain technology for transforming businesses. Blockchain for Business leverages their firsthand insights and provides a practical approach for business and technical leaders to leverage a proven methodology to drive successful blockchain projects that deliver trust and transparency for all participants." -Marie Wieck, General Manager, IBM Blockchain "Understand how to capture the power of the trust machine. This book contains a wealth of resources and tools for those looking to apply blockchain solutions in a business environment. A must-read for enterprise executives." -Perianne Boring, Founder and President, Chamber of Digital Commerce "Jai, Jerry, and Nitin nailed it! Blockchain for Business addresses the critical question business leaders are attempting to answer: How does my business derive real, measurable value from blockchain? This is a practical guidebook for both the business and technology leader to help identify business value from blockchain technology in the form of new growth opportunities, sustainable competitive advantage, time savings, cost reductions, and risk mitigation-turning blockchain into business results!" -D. Keith Pigues, CEO and Founder, Luminas Strategy, Coauthor Winning with Customers: A Playbook for B2B "Blockchain for Business is a must-read for executives looking to define blockchain's potential to transform business processes. Jerry, Jai, and Nitin have comprehensively described the key steps business leaders should take to identify the right scope, select the best technology, and establish an appropriate business model and governance structure." -Arvind Krishna, SVP, Hybrid Cloud and Director of IBM Research

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