Welcome and congratulations. The fact that you’re reading this means you’re ready to think about applying one of the most transformative technologies available for business today... blockchain.

With so many new and exciting advances in blockchain, there has never been a better time to leverage this emerging technology. We at SGH are meant to provide you with insights and best practices on all of the topics you’ll need to address when founding a network, including brand new content on smart contracts, tokens, and legal considerations.

While Bitcoin has unleashed interest in using distributed technology, the real long-term potential of blockchain lies in its ability to help organizations exploit the immutability and provenance of shared data, transact broadly

with one another, and retain privacy and security for their data. As Advanced Tech Global Consultants, we’re assuming you understand the basics of blockchain technology and know that a permissioned blockchain for business network is far different than bitcoin. Throughout this handbook, when we talk about “blockchain” we are referring exclusively to “permissioned blockchain” unless stated otherwise. 

 

Blockchain for business is poised to transform many of the world’s most fundamental business processes, opening the door to new styles of digital interactions that vastly reduce the cost and complexity of getting things done. At SGH, we’ve worked with the Linux Foundation’s open-source Hyperledger Organization to reimagine blockchain from the ground up — to create a new breed of blockchain suitable for business use across industries and the regulatory environments they operate in. From engagements with over 400 clients around the world and over 40 networks that have graduated to active states, we’ve helped our clients learn what it takes to go from a good idea on paper to a value- producing blockchain network.

A distributed ledger is a type of database that’s shared, replicated and synchronized among the members of
a decentralized network. It records transactions, such as the exchange of assets or data, among participants in the network.