At the outset, the project team should ask itself the question: What technical problem can the blockchain solve better than with another technology?
To do this, the team needs to know all the relevant processes in detail and identify the problem sets for them. If these processes do not fit blockchain, it must be examined whether it makes sense to revise these processes in order to create the necessary basis for the technology. Essential questions the team should ask when reviewing the qualification of a blockchain for operational processes are:
Is data shared and updated by multiple parties?
Is there a verification requirement?
Are there intermediaries that add complexity?
Are the interactions to be executed time-sensitive?
Do the transactions interact with each other?
If the answer to four of these questions is “yes,” blockchain could be an interesting approach for the enterprise. Following this, possible use cases should be described. It is possible to identify the best use case on the basis of so-called “use case evaluation frameworks”.
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