Blockchain technology is undoubtedly the future for all businesses across the globe. The increased realization of its benefits has led to its widespread adoption by enterprises. Enterprises across major industry verticals such as banking and finance, intellectual property, supply chain, government, healthcare, energy & power, and trade settlements are showing interest in integrating enterprise-grade blockchain solutions. Institutional investors are also exploring lucrative opportunities in the blockchain ecosystem. Managed blockchain solutions are being developed to resolve major industry challenges. However, the cost of blockchain adoption is the most common query that tops the questionnaire when it comes to implementing high-grade technology solutions.
Our series on “Enterprise Blockchain Adoption” is an attempt to lay the groundwork for answering some of the common questions about cost implications. Our speaker will address the concerns that arise at the institutional level when deciding on blockchain adoption challenges. Often misguided information about blockchain adoption costs becomes a reason for driving resistance among business leaders to embrace blockchain technology with open arms. Hence, our speaker will try to put a detailed analysis of the factors that impact the blockchain deployment costs for enterprises to help businesses make an informed decision. The session will highlight how the web 3 infrastructure platforms are also focusing on developing low-cost, reliable node deployment solutions.
Episode 1 of the series on enterprise blockchain adoption is an initiative to help companies understand the most pertinent issues revolving around the cost of blockchain implementation. In this episode, we would attempt to resolve the most common question that is often put forth by business leaders: What would a production-scale blockchain solution cost for our enterprise?
This series will educate people about:
- Relevant factors that affect the costs of deploying enterprise-grade, high security & performance-enhancing blockchain protocols?
- Why transaction size and volume are important determinants when assessing the cost of enterprise blockchain implementation
- What kind of blockchain hosting would your organization require?
- What are the objectives of the organization to be met by deploying blockchain protocol and how they can impact the costs?
- What node hosting methods should an organization prefer from a cost perspective
- How is the choice of a node deployment platform critical in determining the total cost of the enterprise blockchain implementation?
Ghan Vashishtha: He is the CTO and co-founder of Zeeve – a web 3 infrastructure company providing the finest management platform for Blockchain networks and decentralized applications. A crazy innovator, technology enthusiast, and inventive speaker. Technology leader turned entrepreneur with the capability to envision and productize ahead of time, actively working on Public web3 Protocols, Enterprise Blockchains, Trusted Execution Environments, and Federated Learning with more than a decade of expertise in niche industry sets including Telecommunication, Defense & Aerospace, and Media & Broadcasting. He has been instrumental in realizing and productizing technology ideas across several industry verticals.
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