Making Sense of Blockchain: How Firms Can Chart a Strategic Path Forward

This document, affiliated with the Wharton School's Mack Institute for Innovation Management, outlines strategic guidelines for businesses considering blockchain technology, discussing its power, challenges, and implementation strategies.

Fall 2018 https://MackInstitute.Wharton.Upenn.Edu Contents Introduction .......................................................2 The Power of Blockchain ................................5 Seven Strategic Challenges ........................ 8 A Road Map and Four Key Questions .....12 Do I Really Need Blockchain Now? ...................................13 What’s the Impact on My Existing Business? .............. 18 What Are My Choices for Implementation? ............... 20 How Do I Prepare for Long-Term Sustainability? .........25 Looking Forward ...........................................29 Making Sense of Blockchain How Firms Can Chart a Strategic Path Forward

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