Block Chain Development discussion 6

Professor Michael Solomon

BLCN 532 Blockchain development

Chapter 10

Chapter 10

• Governance, Necessary Evil of Regulated Industries

• Governance definition

• Business models

• The role of governance in a business network

• Structures and phases

• Roles and processes

• Impact of governance

Decentralization and Governance

Governance is all about resolving conflicts

Not about making decisions

Common IT governance standards

• Information Technology Infrastructure Library (ITIL)

• Control Objectives for Information and Related Technologies (COBIT)

Business Models

Blockchain benefits

Supply chain management

Healthcare

FinanceValue – Cost > 0

Network business models

Founder-led

Consortium

Community

Founder- led

Network

Consortium- based

Network

Community- based

Network

Role of Governance

Business Domains

and Processes

Membership life cycle

Funding and fees

Regulation

Education

Service life cycle

Disputes

Governance Structure

Decentralized governance

Centralized governance

Strategic governance

Operational governance

Tactical governance

Governance and IT

Auditing advantages

Consensus

Provenance

Immutable

Finality

Managed on-boarding

Summary

• Governance, Necessary Evil of Regulated Industries

• Governance definition

• Business models

• The role of governance in a business network

• Structures and phases

• Roles and processes

• Impact of governance