Book Image

Hands-On Blockchain with Hyperledger

By : Nitin Gaur, Luc Desrosiers, Venkatraman Ramakrishna, Petr Novotny, Salman A. Baset, Anthony O'Dowd
Book Image

Hands-On Blockchain with Hyperledger

By: Nitin Gaur, Luc Desrosiers, Venkatraman Ramakrishna, Petr Novotny, Salman A. Baset, Anthony O'Dowd

Overview of this book

Blockchain and Hyperledger technologies are hot topics today. Hyperledger Fabric and Hyperledger Composer are open source projects that help organizations create private, permissioned blockchain networks. These find application in finance, banking, supply chain, and IoT among several other sectors. This book will be an easy reference to explore and build blockchain networks using Hyperledger technologies. The book starts by outlining the evolution of blockchain, including an overview of relevant blockchain technologies. You will learn how to configure Hyperledger Fabric and become familiar with its architectural components. Using these components, you will learn to build private blockchain networks, along with the applications that connect to them. Starting from principles first, you’ll learn to design and launch a network, implement smart contracts in chaincode and much more. By the end of this book, you will be able to build and deploy your own decentralized applications, handling the key pain points encountered in the blockchain life cycle.
Table of Contents (20 chapters)
Title Page
Copyright and Credits
Packt Upsell

Chapter 10. Governance, Necessary Evil of Regulated Industries

For those of you who have experienced projects without clear decision-making processes, you'll have felt the pain of the churns as decisions are constantly questioned and modified due to the influence of various stakeholders. Politics gets in the way and the objectives of the project end up getting challenged, budgets get cut, and the long-term vision is missing or confusing.

While this is something you can expect from a traditional IT project, a blockchain project has the characteristic of having a good deal more stakeholders. A typical business network will be composed of organizations that are sometimes competing and sometimes cooperating. In this context, it is not hard to see that there are high risks of finding conflicting perspectives, points of view, and interests.

Whether you are a developer or a CIO, understanding what you can expect from such projects and how a governance model can help alleviate some of the issues may...