Blockchain for Business Value: A Contract and Work Flow Management to Reduce Disputes Pilot Project

Abstract

Blockchain technology has seen significant growth, hype, and potential new developments over the past few years. In this article additional insights into how blockchain can add value to a business process relationship is detailed. Specifically an engineering contract workflow use application pilot including various high level system architectural aspects are presented. This application shows the integration of blockchain technology with existing legacy systems. Some management and technology issues are also overviewed for the reader.