Will BMM really Bring Integrity to Blockchain?
Washington, D.C., May 5, 2022 – – The Government Blockchain Association (GBA) published the Blockchain Maturity Model saying it brings integrity to blockchain!
This model was developed over the past two years to give acquisition professionals the tools they need to evaluate blockchain solutions when making purchasing decisions.
It also provides a standard to distinguish legitimate blockchain solutions from hype-filled promises. Without this knowledge or framework, acquisition professionals will always choose traditional government contracting partners.
The lesser-known, innovative solutions rarely get selected, stifling competition and progress.
The model describes eleven characteristics that should be considered in evaluating any blockchain solution. They are:
– Distribution
– Governance
– Identity Management
– Interoperability
– Performance
– Privacy
– Reliability
– Resilience (Fault Tolerance)
– Security
– Infrastructure Sustainability
– Synchronization
Get BMM Training
The first qualified GBA assessor to lead a BMM team is Mr. Dino Cataldo DELL’ACCIO (www.unjspf.org/person/dino-cataldo-dellaccio/), Chief Information Officer of the UNJSPF.
He has developed a blockchain solution for the United Nations and was one of the authors of the BMM. The BMM Team will begin formally training new BMM assessors at the GBA Blockchain & Sustainable Economic Growth Conference on May 25-27 in Washington, DC. Other events are posted on the BMM Events Calendar.
“Many vendors need ways to demonstrate that their solutions are reliable and can be trusted.
They operate in environments lacking integrity and plagued by broken promises, hype, and corruption. The BMM is a way that vendors can differentiate their reliable solutions from those of snake oil salesmen,” says Gerard Dache, CEO, GBA.
BMM Assessments
The first organization that has registered for a BMM assessment is Axes, a blockchain-based information management platform that licenses actionable intelligence and applications to the global gaming & amusement industry.