Is Your Enterprise Ready to Leverage Blockchain?
AIM Consulting Group
We build high-performance teams and deliver on business-critical initiatives with modern technologies and processes
By: Bob Grogan, Director, Application Development
Can your enterprise leverage blockchain? The answer is very likely to be “probably not.” At least, not yet. Just as rushing to the cloud back in 2013 went poorly for some companies, implementing a blockchain solution now without understanding why this technology was created will likely not net positive results. There are, however, historically intractable issues that a distributed ledger may help to address.
AIM’s sophisticated offerings and expertise can bring new technology, like blockchain, to life to help your company achieve its business goals. But first, it’s beneficial to use the following framework for evaluating challenges within your company or industry to determine suitability. Read on to determine if a Blockchain solution can help your enterprise to excel.
How is Blockchain Different?
When MongoDB, Cassandra, Kafka and so many other projects emerged, they caused stress, confusion, and interest among technologists in almost equal measure. The truth is relational database engines contain several inherent weaknesses depending on the structure of the information being stored. The various repository alternatives (documents, wide columns, streaming) each sought to address those weaknesses for a particular set of use cases. Now, NoSQL technologies are essential to building a modern platform.
As with other new approaches to storing information, the blockchain technique seeks to overcome issues around trust between unrelated third parties without reliance on traditional security methods.
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About the Author:
Bob Grogan is the Director of Application Development at AIM Consulting Group. He is a technology leader with 20+ years of proven excellence in software engineering and architecture. Grogan is a thought leader who has spoken on topics of business design for digital, agile product development, and various technical architecture topics.