Blockchain has many enterprise purposes that transcend cryptocurrency, together with good contracts, provide chain, and healthcare data. To assist tech professionals get a stronger grasp on the vital expertise and methods to leverage it inside their very own organizations, ISACA has launched two new assets: Blockchain Framework and Steerage and Blockchain: An Govt View.
Blockchain Framework and Steerage presents a complete blockchain reference, together with overview, historical past, details about varieties and their advantages and options, in addition to use instances and a framework for enterprise adoption.
The framework goes into depth into key concerns—like stakeholder administration, implementation concerns, interoperability issues, governance mannequin and administration pointers, and digital asset/token necessities. It additionally offers a whole set of high-level blockchain management targets that embrace key questions that enterprises must reply, together with:
- Do the proposed blockchain management goal domains adequately cowl danger vectors and enterprise course of targets for the group transacting on this area?
- Have we recognized the related stakeholders of blockchain management targets?
- Can we perceive our engagement with the bigger blockchain ecosystem in evaluating danger and management targets?
Providing one other primer on blockchain, the paper Blockchain: An Govt View explains blockchain expertise in clear enterprise language and explores the alternatives and challenges that enterprises might face when utilizing blockchain.
It shares use instances, outlines the enterprise advantages and dangers, offers a information to getting began with blockchain, and shares safety, privateness and authorized concerns, together with providing safety mitigation strategies resembling:
- Use standardized and examined libraries and interfaces.
- Conduct inside or peer code evaluations.
- Leverage bug bounty applications to crowdsource different testing views.
“Enterprises contemplating the implementation of blockchain expertise ought to first do their due diligence and take some key steps—together with asking themselves strategic questions, exploring enterprise dangers, and assessing how blockchain adoption would map to their current applied sciences, each now and sooner or later,” says Ron Quaranta, chairman and CEO of the Wall Road Blockchain Alliance, member of ISACA Rising Expertise Advisory Group, and lead creator of the Blockchain Framework and Steerage.
“The advantages of this expertise could be highly effective, offered that enterprises have sturdy governance, controls and safety protocols in place. This framework is a vital step in understanding blockchain expertise and realizing these advantages.”
Provides Nader Qaimari, ISACA chief product officer, “Using blockchain options is more and more changing into a strategic precedence for enterprises throughout sectors, and whether or not somebody is hands-on in implementing blockchain or making a enterprise case for it on the C-Suite stage, training is essential.
“Via these new assets, professionals have the foundational information and instruments to take the following steps in successfully adopting this distinctive expertise.”