Making Sense of Blockchain: How Firms Can Chart a Strategic Path Forward ^Top An effective blockchain solution will require a wide network of stakeholders on a common platform. The computing infrastructure should support the ad- dition and coordination of players without overtaxing the network as adoption scales. Decentralized data poses a higher risk of theft, especially of sensitive infor- mation such as financial or medical records. The firm should test the impen- etrability of its infrastructure and address concerns of privacy and security before a blockchain solution can be deployed on it. High scalability and low security risk translate to high infrastructure readiness. IV Transition is both required and safe Low Infrastructure Readiness Index Interparty Transactions Index High Low High II Transition is needed but could be risky now III Transition is safe but not required now I Transition is neither safe nor required now The higher the IRI is, the smaller the risk of adopting blockchain is. The higher the ITI is, the greater the need for blockchain is.