Because digital ubiquity raises more and more concern for decision-makers to be able to thrive and adapt their businesses to emerging trends and shifts in consumption habits, new technologies have to be well apprehended. Blockchain, as a matter of fact, is a new enabler that must be understood properly when considering an innovation strategy for your company.
First of all, there are different types of blockchain but the general idea behind them is the same. Mainly, they aim to solve trust issues between strangers willing to exchange value in the digital world. Secondly, even though we can distinguish several kinds of blockchain such as public or semi-private infrastructures (more on that in Chapter 9, Infrastructures and Cloud-Based Solutions), they all integrate similar components.
Throughout this chapter, we will discover how the network...