Consortium Capabilities for Enterprise Blockchain Success

Enterprise blockchain projects have great promise. They can cut costs and promote efficiency through disintermediation, increase transparency for tracking intercompany transactions, expand knowledge consortia databases, improve workflows shared business processes. Despite its potential, technology has failed to produce promised benefits enter-prise networks. While the underlying advanced rapidly, managerial capabilities needed form manage lagged as a result, few succeeded. This paper reviews extant literature on provides frame-work that identifies 1) foundational conditions precede effective consortium formation, 2) required functioning evolution, 3) partner ecosystem-level outcomes associated with successful projects.