Technological revolutions such as the internet, social media, and smart devices have led humans to generate and consume massive amounts of data on a daily basis. Enterprises operating in this data-centric economy leverage data to make critical business decisions and as such there is a strong focus on data management. Key aspects of enterprise data management include data veracity, provenance, and protection. Unfortunately, the unpredictable nature of evolving data streams coupled with the presence of malicious actors puts a heavy undertow on businesses and increases the cost related to data management. While there may not be a silver bullet solution to solve all these problems in one shot, Blockchain has emerged as a promising data management solution that can provide notable business benefits if applied in an informed manner. This paper explores the case for Blockchain application in the enterprise space and can help businesses contextualize the application within their industries.
