Lunge Systems: Pathways

WEF_Building_Value_with_Blockchain

auto-generated 2-Feb-2021

White Paper Building Value with Blockchain Technology: How to Evaluate Blockchain s Benefits In collaboration with Accenture July 2019 World Economic Forum 91-93 route de la Capite CH-1223 Cologny/Geneva Switzerland Tel.: +41 (0)22 869 1212 Fax: +41 (0)22 786 2744 Email: contact@weforum.org www.weforum.org 2019 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any inform

Keywords

decision-makers see how blockchain organizations can use blockchain organizations with a blockchain building value with blockchain world economic forum blockchain technology blockchain blockchain technology key dimension technology

Sources: WEF

Pathway Demo and Download Data

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Type: Forecasts

Priority/ Function Areas: Law & Government People & Society

Sectors/ Fields of Life: Economy-wide

People/ Roles: Multi-Nationals Private Corporations Governments

Profiles: the driver the perspective ravi director this paper its organization the team the forum which technology the areas the focus a report the motivations the project the technology the network a set all stakeholders the operations the step a combination the interviews this uncertainties the move the process its infrastructure each dimension all participants a respondents the organizations the evaluation the framework you points each party this activity each organization the response the characteristics forum tree this assessment peter officer a improvement this theme the revolution a lack a challenges the organization the populations this decision the centre its lives a leader the drivers this toolkit a organization any success the time the point the value david founder the nature ef ciency what opportunities all rights the steps no consensus whose results the interpretations christopher president a function the answers each driver that characteristics the means the construct the academia it benefits its strategy a risk this framework the officers the industry you team all parties

Goals: include organizational priority offer solve opportunity evaluate relevant opportunities highlight main advantages negotiate completing rates realize true value see practical guide improve increasing transparency simplify next steps improve compliance example remove audit need identify major risks optimize value chains create shared source complete purchase order lengthen process organization scale humancentred projects improve operating model improve dimension productivity see same information come become value enable ownership management transfer security data provide build ability develop working functionality calculate expected spend improve track decisionmaking loom value framework stress technology value continue providing series extract own rents verify current state enhance source view have single source identify realize incentives note business products mitigate key dimension increase holistic view ship freight audit deliver positive return accelerate societal benefits use cheat sheet cut auditing costs need common systems enable seamless sharing have single document take framework sheet release practical framework build side them find cost savings manage leads rates streamline entire process reinvent processes products shape world forum acknowledge valuable contributions solve founder obstacles capture honest picture identify expected areas cut overall costs remove processing costs create business models use value organizations asses shows technology blockchain building value provide shared ledger make creates use reduce involving processes save building value treat driving motivation create secure environment include blockchainenabling capabilities reduce accumulation errors oversee initiatives largescale give make ability build corresponding case select business products build business case use different strategies verify essentials blockchain solve same pointsareas provide greatest chance create new system overcome assumptions impatience develop document contact identify improving dimensions buckete pain points track shipment calculating use shared contracts identify competitive advantage find increased revenue think term value use value framework create version version make strong case affect given industry develop business case rethink rethinking models take distinct approach create resilient network consider scaling network apply same logic track value sharing increase source value bring smallest number optimize removed efficiency reduce settlement times bring great deal

Measures: unique representation process efficiency unreconciled items enhance identity common operators significant value digital management realworld example know data digital ownership regional agendas vital contributor share values stakeholder buyin good understanding predefine rules main dimensions decisionmaker recommendations malicious employees many pocs manage partner high engagement contribute authors contractenabled logic share value big challenges exist products unexpect disruptions fundamental shift traditional metrics prime benefits international organizations fund source key dimensions bill audit distinct approach open blockchain first strategies alternative solutions direct communication future participants transaction example freight audit currentstate priority complete history true ownership security speed specific projects executive director human error enable capabilities retail software longterm impact ongoing process organizational objectives exist transformation next years unlimited organizations share source competitive advantage first mover decentralize capabilities white paper auto execution transparency lack inaccurate communication audit costs early movers personal identity emerge technologies natural disasters foremost business realtime gathering future development same logic honest picture private sector bad actors correct time different organizations such transformation personalize profiles value organizations new systems near future executive officer same pointsareas hiom officer many industries bettersuited solutions many activities increase productivity public sector digital representation main areas outline framework numerous points potential share present areas viable solution improve property technical side major business automation reconciliation enable capability common directories vast opportunity futurestate opportunity add value buyin proof new technology cost savings specific circumstances great chance central point same information regional officer economic forum drive motivation business models structural improvements easy identification security data build value record directories executive perspective associate activity digital assets distribute ledger expect areas artificial intelligence expand partnerships important components peertopeer payments inaccurate rates digital transformation business processes distribute nature unintended consequences single source creative thinking unnecessary costs invoice blockchain complex processes new security overdue technology fast returns overall network main value event changes particular usecase pro tability digital world bestknown applications enhance track datum security next steps pain pointsareas technical debt disproportionate share sheer competitiveness multilateral session criminal activities viable usecases value chains decentralize cryptocurrencies distribute portfolio chief officers minimal experience share ledger full track settlement times digital solutions entire process distribute form digital identity5 global agendas individual organization incremental value automotive banking current state early projects team sport value framework essential blockchain blockchainenabling capabilities manual checks diverse operations lowvalue intermediaries decisionmaker concerns clear proposition new ventures present situation decentralize architecture share contracts new models management data long value pilot projects transparent rules humancentred projects strategic priorities real value isolate approach decentralize rules intellectual property distribute technology additional benefits short term expect spend international organization compliance example different times increase transparency version version blockchain networks unable organizations positive return relate tools agile projects more transactions high insurance datum sharing several risks key cryptography purchase order key dimension private officers unexpect costs datum example great impacts realworld goods potential areas blockchain node monopoly rents ship rates seamless sharing isolate attack production value true value first step give industry ownership management holistic view shipment calculating organizational transformation process costs ledger technology same data new channels identify opportunities major risks physical documents own rents metric revenue external partners overall example unrealistic assumptions introduction landscape societal benefits different strategies improve payments relative costs organizational priority multiple organizations right management substantial amount early days new products datum integrity control environments cost processes business cases primary organization increase confidence appropriate access share copies improve example real challenge relevant opportunities realistic expectations multiple networks transformational architecture political business resilient network personalize cases global leaders organizational structure great enabler new data blockchain investments new system white value immersive reality many technologies complex legacy attainable environments global survey business case impactful decisions digital rights document contact fourth network operate model common infrastructure administrative processes automate components several benefits ecosystem value correspond terms maximum flexibility chief officer common repositories payment standardization proofofconcept standpoint increase time dynamic startups increase revenue pain points key benefits next points correct technology correspond case business logic real time blockchain project strategic change follow people civil society good solution physical objects inform decisions metric prevention actual usage such expertise public service stakeholder proof individual level technology domains good fit common systems organizational leaders match invoices shortterm gain duplicate payments survey industries new partnerships early stages datum gathering datasharing mechanism valuable contributions advance initiatives strong management new productsservices below example source value currentstate assessment necessary parties wideranging impact fbap issues governance protocols new opportunities common terms digital inputs improve incident multiple parties improve experience increase efficiency strategic decisions additional obstacles simplify data brian director cheat sheet top advantages underlie mathematics decentralize control share document relevant information business products big way great deal freight spend basic blockchain exist blockchain key questions executive officers enhance characteristics reduce spend financial services additional parties many organizations public cryptography full provenance verify representation relative solution secure environment new technologies new revenue practical guide framework organizations fbap process autonomous productsservices appropriate parties isolate systems blockchain systems manage director low risk poor security smart contracts blockchain technology new ones single document driver framework metric channels multiple copies different parties miss rates fragment environments business governments full traceability emerge areas legacy technology distribute government overall costs identify pointsareas advance science strategic side framework sheet specific capabilities main advantages practical framework digital identity industrial revolution general impact complete chains access speed small number rulesbased algorithms strong case realtime data

Actions: affect industry optimize chains take note make transformation have source facilitate example develop productsservices use strategies treat value represent views develop functionality take path reduce processes offer returns authenticate user store data create environment simplify steps use sheet check data deliver project capture picture complete trip tie technology streamline process invest many lose value announce project enable execution enable gathering spend million view source acknowledge contributions calculate invoices check history track sharing create system develop environment bring that use blockchain create models help organizations increase value shift focus improve management complete use increase view create source require proof find savings bring deal provide benefits include management highlight potential drive level trust validity involve checks transform business treat systems block transformation verify data adopt technology say director ship audit bring governments exploit assets calculate spend trace outcome verify state evaluate blockchain accelerate impact mitigate risk need systems state impact trace management test theories enable view create property transfer data develop contact increase risk see guide consider example improve productivity rethink relationships take time ask question provide solution identify problem develop implements access value summon resolve track calculating treat director pursue avenue select products enable payments shape forum enhance products view data use level reduce errors understand needs consider network take weeks enable processes improve example share access identify opportunity audit invoice save value note products build case bring number accompany data enable what enable us loom framework track payments use technology scale projects create value take approach require buyin access http accelerate benefits release framework use organizations stress value validate example eliminate standardization trace rates have projects share data reduce times ensure data build cases verify blockchain create network assess value come value set stage release blockchain identify advantage evaluate benefits shape development understand state trace value mitigate risks enable sharing reserve part view step reemphasizes importance occur example apply logic realize range determine feasibility enable innovation solve pointsareas rethink models create that accompany integrity identify value find revenue pay dimension simplify officer realize value need coordination track shipment provide ledger declare investments capture value re experts asses that add value pay blockchain raise levels tamper mathematics involve invoices automate trust remove example make decisions enable ownership s sport define opportunities enable management transform industriesmarkets engage business identify incentives offer opportunity ai role use framework cost trillion miss information use process improve decisionmaking align path improve state capture type provide chance simplify processes use them think value enhance view remove need reinvent products know more trust accuracy solve reconciliation treat motivation negotiate rates build applications oversee largescale adopt blockchain complete order have document see information capture advantage manage rates optimize efficiency lead organizations provide ability cut costs enable characteristics open it evaluate s audit invoices take advantage asses technology implement technology deliver return expect return provide productsservices reallocate reconciliation pave way take technology remove costs enable capabilities play catchup represent value evaluate opportunities blockchain adoption secure information drive consideration streamline processes give power make case improve products take sheet establish identity scale effects magnify impact improve transparency solve obstacles give ability provide confidence alter identity include capabilities develop case mitigate dimension demand sort form many provide governments extract rents scale adoption improve model solve issues duplicate changes set expectations provide transparency improve tability blockchain value create version enable lack operate networks complete analysis solve priority destroy data make sense create points pay process build networks pay 4 play catch support designing prioritize gain include priority provide 51 identify dimensions work task transfer reconciliation overcome impatience access https buckete points minimize risks undertake implementation identify risks highlight advantages pay carrier asses these reduce risk create ability mis opportunity spin node remove bottlenecks convene operations use contracts research technology drive change make use see part eliminate overpaying build them identify areas limit damage maximize benefits pilot frameworks put pressure stimulate innovation refine protocols address speed prevent them manage products leave market involve blockchain understand need iot reality plug technology span countries4 create foundations classify technology participate methodology mitigate issues lengthen organization understand technology shed light ai internet provide parties acknowledgement endnotes continue series do blockchain improve confidence create products consider this

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