Blockchain has many enterprise functions that transcend cryptocurrency, together with good contracts, provide chain, and healthcare data. To assist tech professionals get a stronger grasp on the essential know-how and methods to leverage it inside their very own organizations, ISACA has launched two new assets: Blockchain Framework and Steerage and Blockchain: An Government View.
Blockchain Framework and Steerage gives a complete blockchain reference, together with overview, historical past, details about sorts 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 considerations, governance mannequin and administration pointers, and digital asset/token necessities. It additionally gives an entire set of high-level blockchain management aims that embody key questions that enterprises must reply, together with:
- Do the proposed blockchain management goal domains adequately cowl danger vectors and enterprise course of aims for the group transacting on this house?
- Have we recognized the related stakeholders of blockchain management aims?
- Will we perceive our engagement with the bigger blockchain ecosystem in evaluating danger and management aims?
Providing one other primer on blockchain, the paper Blockchain: An Government View explains blockchain know-how in clear enterprise language and explores the alternatives and challenges that enterprises could face when utilizing blockchain.
It shares use instances, outlines the enterprise advantages and dangers, gives a information to getting began with blockchain, and shares safety, privateness and authorized concerns, together with providing safety mitigation strategies akin to:
- Use standardized and examined libraries and interfaces.
- Conduct inner or peer code opinions.
- Leverage bug bounty applications to crowdsource different testing views.
“Enterprises contemplating the implementation of blockchain know-how 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 present applied sciences, each now and sooner or later,” says Ron Quaranta, chairman and CEO of the Wall Avenue Blockchain Alliance, member of ISACA Rising Expertise Advisory Group, and lead creator of the Blockchain Framework and Steerage.
“The advantages of this know-how could be highly effective, supplied that enterprises have robust governance, controls and safety protocols in place. This framework is a crucial step in understanding blockchain know-how and realizing these advantages.”
Provides Nader Qaimari, ISACA chief product officer, “The usage of 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, schooling is vital.
“By way of these new assets, professionals have the foundational information and instruments to take the following steps in successfully adopting this distinctive know-how.”