Blockchain Consortiums - A Comprehensive Handbook: Analyzing the Business Model of the future

The promise of what Blockchain can offer businesses has evolved from a cryptocurrency payment gateway platform to something bigger and truly a game-changer. Blockchain can be a transformative technology for many businesses as it has the potential to drive a distributed and decentralized way of re-imagining processes and business models. As an inter- organizational paradigm, Blockchain enables cooperation, collaboration, coordination, and communication between hitherto untrusted entities, unknown to each other. And, the best way to participate in this revolution is by being a part of a consortium of eco-system players.

Joining a Blockchain consortium raises many questions in the minds of member organisations as this is a relatively new phenomenon. While searching for accurate, ground-level, unbiased and business-oriented information to answer the above questions, we realized that there is no single repository or detailed guide that gives complete information on the best practices of Blockchain consortiums. It was to address these lacunae that we put together this handbook for Blockchain practitioners and business leaders, to help them plan their participation in a holistic way – by cutting through the hype and focusing on the core value propositions that Blockchain consortiums may unlock for their organizations.