Business and Execution Challenges

Compelling Business case: It is not easy to make a Business case for Enterprise Permissioned Blockchain. Businesses need a quantitative measure of the costs and the benefits before they can decide whether to invest time and money on a Blockchain initiative within their organization.
Who makes this initial investment? How do you show the dollar benefits in quantitative terms and who is benefited? What is the guarantee that all necessary participants will be eager to adopt this new technology?

Operational Challenges: It is very likely that an organization has to integrate Blockchain to an existing IT landscape, rife with its own challenges. In such a scenario it is very risky to take a new experimental initiative that can potentially hamper the daily operations.

Talent: This is the least of the concerns, but nonetheless be aware that the talent pool for delivering a production-grade enterprise Blockchain solution is not abundant. People are still tinkering and experimenting. Although Blockchain allows people from diverse background to find a niche to contribute, there are specific developer requirements depending upon your architecture and framework, which may not be abundant in the current resource pool.

Internal buy-ins: Corporates are rife with politics. If you have ever tried selling your idea internally, you would know. The push has to come from the top, else you will be explaining “why Blockchain” in vain to all the "Devil's Advocates". Not all stakeholders will be eager to adopt a new technology, especially if the old one is still working.

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