Browse Standards ARP6984
WIP 2019-09-03

Determination of Cost Benefits from Implementing a Blockchain Solution ARP6984

This ARP provides insights on how to perform a cost benefit analysis (CBA) to determine the return on investment that would result from implementing a blockchain solution to a new and existing business process. The word “blockchain” refers a method of transacting data using a distributed ledger with desired immutable qualities. The document describes the complexity of features that can be considered in the analysis, the different tools and approaches for conducting a CBA and differentiates between public and private applications. This document is intended to help those who do not have a deep technical understanding or familiarity with blockchain solutions but want to either quantify or understand the economic benefits (i.e., the value proposition) that a blockchain solution could provide.
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