This phase will guide you through the process of brainstorming a blockchain use case, determining your organization's alignment with a blockchain solution, and articulating your findings to key stakeholders. The output of this phase is a recommendation on whether or not to begin developing your use case. This phase consists of the following steps:
- Create a business model canvas to understand your organization's key activities.
- Identify pain points of the counterparties involved in the key activities to ideate a blockchain solution around them.
- Assess your business architecture against blockchain's key benefits to determine whether or not to advance your use case.
- Present your organization's blockchain approach to stakeholders.