policy should include the following:
1)Purpose statement of the business network (i.e. blockchain environment)
a.Describe your business environment (what business are you in?)
b.Describe how blockchain technology makes your application possible and more valuable than existing offerings.
c.Describe what value your blockchain app providesto your existing and potential customers and partners.
2)Description of the current (base) network (participants and functionality)(For example, who is part of your network now and what does your application do now? Of course, this is where you get to tell the story of the business idea you created. It doesnâ€™t have to be a real, current business.)
3)Brief description of upcoming features in the next quarterly release. (Be creative, but realistic here. Think about what the existing application does, and what features youâ€™d like to add that would increase the applicationâ€™s usefulness and value. Analyzing current
functionality and determining which features would best meet business needs will be a big part of assessing this assignment.)
4)Description of application upgrade process that may impact application availability and member business processes. (i.e. How does the business network organization plan to deploy new software features without causing substantial service interruptions?)
5)List of rights and benefits for participants (how does each member benefit and what data/services are available for each member)
6)Membership requirements for new members (minimum security requirements, approval process, decision making rules and authorities, minimum required agreements that new members must accept and agree to)(Remember that members are business partners, not customers. The focus of the whole semester is enterprise blockchain development, not consumer blockchain solutions.)
7)Description of fees for participation and service access
8)Minimum member resource contributions to the business network
9)Process for ending participation in the business network
10)Process for resolving disputes, including appealing the outcome of a resolved dispute.
11)Course of action to initiate an application for membership
Background content for items 1 and 2 will come from your text. Other items will be a combination of content from your text and extrapolation based on what you’ve learned this semester. Pay careful attention to #3. That one requires that you carefully consider how enhancing the application can help it better align with member (and prospective member) business goals. The purpose of this project is to digest the material you’ve learned throughout this semester into a white paper that could be used to recruit potential business network members, as well as provide details of the rights and responsibilities of business network members. Policy document should present a clear and concise description of the benefits of being a business network member, why blockchain technology provides superior benefits to solutions based on other technologies, and the onboarding process and expectations once membership is approved
Paper – APA format
Word Count â€“ 2000 words