Blockchain feasibility assessment: A quantitative approach

This article outlines the research and development of a blockchain assessment framework which enables technical suitability, high-level design, adoption approach, economic feasibility, business value potential solution with particular organization for specific process. The is comprehensive, high-level, generic approach that better decision-making regarding exploration. Blockchain novel technology to disrupt several industries through its possession many desirable functional characteristics, including, but not limited to, immutability, transparency, decentralization, secure. Cryptocurrencies these characteristics have created hype around blockchain, consequently leading projects minimal understanding what capable beneficial for, resulting in excessively high failure rates. Attempts been made by researchers reduce rates creating as well approaches. However, approaches tend apply narrow use cases, or comprehensive only considers one aspect assessment. emphasizes need aid within organizations. aims at addressing this aids deciding whether it worthwhile investing more time, effort, money into context study set introduction, then followed brief explanation technology. Thereafter, presented, demonstration validation using case expert analysis. most valuable during initial stages exploration creates momentum further an organization. concludes limitations future recommendations.