See also: Blockchain's Potential for Education
When it comes to
using blockchain technology, there are several use cases across all
sectors that institutions are interested in. However, some considerations need to be taken into account before jumping into
the technology in full force. New America’s Blockchain Trust
Accelerator has released a checklist for deploying a
blockchain-powered solution in the blockchain sector:
challenge, define your solution. Before adopting a blockchain-based
solution, know your goal and how blockchain technology will help to
Prep your data
to ensure data to ensure that it is accurate and high quality before
moving to the blockchain.
with partners in order to lower costs, improve outcomes and deliver
more powerful solutions for everyone. Identify potential
stakeholders and consider inviting them to the party.
Think ahead in
terms during the design process to address both legacy systems and
other frontier technologies.
ethically because privacy is your responsibility.
accessibility to ensure marginalized populations still have access.
identity to determine how user identity, biometrics, passwords,
government issued IDs and knowledge-based authentication should or
could be a part of your solution.
Assess risks by
anticipating potential pain points between collaborators and
carefully weigh the pros and cons of design features like vendor and
Expect to grow
and think about how your ultimate goal is to reach full-scale
operation as you conduct pilots and proof of concepts.
regulations related to the transfer of financial assets and tokens
with monetary value. Engaging with legal counsel can save potential
headaches later on in your process.
unknowns. Incorporate flexibility into your project timelines to
accommodate surprises along the way.
America’s The Blueprint for Blockchain and Social Innovation
About the Author
Sara Friedman is a reporter/producer for Campus Technology, THE Journal and STEAM Universe covering education policy and a wide range of other public-sector IT topics.
Friedman is a graduate of Ithaca College, where she studied journalism, politics and international communications.
Friedman can be contacted at [email protected] or follow her on Twitter @SaraEFriedman.
Click here for previous articles by Friedman.
This guide is designed to help you find quick wins in your zero trust journey and continue making progress toward zero trust security. By studying enterprises with mature implementations of zero trust, we found:
Zero trust progress is possible regardless of organization size or IT infrastructure complexity. Institutions with high zero trust maturity are twice as likely to achieve resilience.