Structuring Consortia to Leverage Blockchain for the Enterprise
The most interesting blockchain use cases leverage its unique attributes to serve as the trusted source of information for an industry. In addition to providing data, blockchain allows the creation of …
| Talk Title | Structuring Consortia to Leverage Blockchain for the Enterprise |
| Speakers | Dror Futter (Partner, Rimon, P.C.) |
| Conference | Open FinTech Forum |
| Conf Tag | |
| Location | New York, NY, USA |
| Date | Dec 9, 2019 |
| URL | Talk Page |
| Slides | Talk Slides |
| Video | |
The most interesting blockchain use cases leverage its unique attributes to serve as the trusted source of information for an industry. In addition to providing data, blockchain allows the creation of smart contracts that can automate transactions within an industry. Most of these activities are likely to use permissioned (private) blockchains. The groups sponsoring these blockchains will need to create consortia and define “rules of the road” with respect to allocation of costs, pricing models, governance, ownership of IP, hosting of nodes (copies of the chain), membership (tiered or non-tiered) criteria and rights, standards and protocols, and more. Dror Futter, an experienced enterprise technology attorney with a blockchain focus, will highlight the operational and legal issues that industries will need to address as they form consortia to leverage blockchains.
