So when should you consider a blockchain? Answers with Flow Charts.

Medium October 31, 2018
Chris Hammerschmidt

There is nothing wrong with considering a blockchain whenever you have data to store and handle. The important point to take note of is: blockchain is probably not the right tool for your problem, despite being an exciting technology. But how do you systematically think through the options and decide wither to use a blockchain or one of the many alternatives to blockchain?

Several groups have come up with their take on “When to use blockchain?” independently. This includes academic researchers, the Hyperledger consortium, and the National Institute of Standards and Technology (NIST) of the USA. Their answers are geared more towards a technical audience that builds software-based products rather than business developers and decision makers in management. Nonetheless, their...