Blockchain Flow Chart

This flow chart is an essential tool for organizations considering blockchain implementation. It guides them through the critical decision-making process to determine the necessity and the most appropriate type of blockchain architecture. By evaluating key factors such as the need for peer-to-peer digital relationships, a system of records, token creation, and the involvement of multiple writers, the chart helps organizations navigate complex considerations like decentralization, scalability, privacy, and permissioning. Ultimately, it leads to selecting a blockchain type—public, private, consortium, or hybrid—that best aligns with the organization’s strategic goals and operational requirements, ensuring a well-informed and effective deployment of blockchain technology.