Deloitte Consulting Blockchain Supervisor: Establishing the necessary governance is more difficult than understanding and implementing blockchain technology

According to The Wall Street Journal, Geoff Lougheed, head of Deloitte Consulting's blockchain, said that understanding and implementing blockchain technology is often easier than establishing the necessary governance. Leaders who want to build blockchains between enterprises often cannot convene a team to determine how stakeholders will operate the blockchain, define their rules, set governance guidelines, and create an overall organizational structure. But these factors are indispensable for the development of blockchains because they clarify how members interact with the information they provide.