Hyperledger Blockchain: Why the MVE is more important than the MVP.

Minimum Viable Ecosystem tops Minimum Viable Product in Hyperledger Blockchain for Business.

As Hyperledger Blockchain continues to gain traction in enterprise organizations, patterns and best practices are starting to emerge. One of the clear new perspectives is the importance of the network, or ecosystem. Blockchain for Business enables trust across participating entities instead of just the miners and owners of a crypto currency, and defining, creating, operating, and enabling those networks is key to achieving the maximum benefits of a business blockchain.

Supply chain management presents a clear example, as most products are touched by many hands among the raw materials suppliers, the transporters, the manufactures, the wholesalers and retailers, and end consumers and regulators. The elimination of duplicate data input, data transport, data reconciliation, and data synchronization delivers good benefits when even just 2 entities of the supply chain share a blockchain distributed ledger. But the results become great and even more dramatic when all entities are using the same blockchain.

Data / asset provenance is a valuable benefit of Blockchain generally, and even more so in supply chain management. However any missing members could negate many of those benefits, especially for recalls or other defect tracking. The more important provenance is for a business network use case, the more important it is to identify the crucial members. It may not be as important to track an automobile purchaser back to the dealer as to track a defective air bag component back to the manufacturer. However a food supply chain may need the grocery store and the distributor and the transporter and the farmer to effectively track the source of an e. coli outbreak.

So while identifying the application functionality is of course required, designing and building the MVE is necessary to accurately define the MVP. And building the full ecosystem is strongly desired to receive the maximum benefits. A fantastically built application is useless without adoption across a network and organizations should identify and build the MVE before finalizing the MVP.

Hyperledger Blockchain for Business is really about the network even more than the application functionality. Belltane works with organizations in the critical task of identifying, defining, and implementing blockchain business networks as well as providing the applications and services for those networks to create total Hyperledger Blockchain solutions.

Thanks to IBM for sharing their learning and experiences with the Hyperledger community and their contributions to Hyperledger Fabric and Composer.

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Belltane joins IBM partner network

Belltane is pleased to announce it has joined the IBM partner network. IBM’s global leadership in advanced disruptive technologies like AI (Watson) and Blockchain (Hyperledger) will allow Belltane to provide consultative and implementation services for our clients as they analyze, prepare for, and adopt these new applications and services.

IBM’s Bluemix development platform provides Belltane with a quick and easy ability to develop and deploy proof-of-concepts, pilots and production implementations of a large range of IBM products. Belltane is actively developing components and prototypes for utilizing Hyperledger in an IBM Bluemix environment.

Belltane has also joined the IBM Blockchain Ecosystem. The IBM Blockchain Ecosystem brings together a range of people and companies interested in building and leveraging blockchain solutions and provides them with special benefits and resources to tap into this exciting new space.

Belltane is working hard to stay on top of these new and rapidly evolving technologies as they move from idea to reality and ensure our clients are provided with the most advanced capabilities and services. Belltane employees have achieved the highest offered IBM Hyperledger certification level.

Stay tuned for upcoming blogs, newsletters, videos, and webinars on Hyperledger, and contact us directly for specific information requests or assistance in developing strategies and solutions for accommodating Hyperledger into your organization.

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