A PoV (Proof of Value) is not a developed solution. We believe it should essentially represent the following attributes – technology prototype, business process improvement, well articulated cost-benefit analysis and innovation it brings without burning a hole in the pocket.

As blockchain networks evolve and gain acceptance, enterprises form consortia and delegate functions to the network. Blockchain enables competitors to collaborate in a trustless manner, overseen by a core group with multi-party representation including regulators, consumers, industry players with a consumer first focus. The differences between private blockchain and a public network sharded blockchain will minimize or maybe not exist.