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The Blockchain Maturity Model 1735506534

The Blockchain Maturity Model (BMM) is a framework by the Government Blockchain Association to evaluate blockchain solutions' reliability and maturity across various layers. It offers standardized assessments, enhances trust, and allows for continuous improvement while being adaptable to specific industry needs. Key users include Oracle, the United Nations, and various governments aiming to align blockchain implementations with best practices and regulatory standards.
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0% found this document useful (0 votes)
31 views6 pages

The Blockchain Maturity Model 1735506534

The Blockchain Maturity Model (BMM) is a framework by the Government Blockchain Association to evaluate blockchain solutions' reliability and maturity across various layers. It offers standardized assessments, enhances trust, and allows for continuous improvement while being adaptable to specific industry needs. Key users include Oracle, the United Nations, and various governments aiming to align blockchain implementations with best practices and regulatory standards.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Dec 2024

BLOCKCHAIN
MATURITY
MODEL
PROJECT ASSESMENT
What is it
The Blockchain Maturity Model (BMM) is a framework developed by the
Government Blockchain Association (GBA) to evaluate the reliability,
trustworthiness, and maturity of blockchain solutions. It assesses
blockchain implementations across all layers—network, protocol,
application, and transactions—using defined criteria and maturity levels. The
BMM supports solution providers, investors, and enterprises by offering a
standardized approach to benchmark solutions, identify improvement
opportunities, and ensure alignment with best practices. Its five maturity
levels, ranging from basic implementation to optimized scalability, provide a
clear roadmap for developing and maintaining robust blockchain systems
while fostering trust and transparency.

Benefits
STANDARDIZED EVALUATION INFORMED DECISION-MAKING

Provides a consistent framework to assess Assists investors and acquisition professionals in


blockchain solutions, ensuring comparability evaluating the reliability, maturity, and
across different technologies and use cases. sustainability of blockchain projects, reducing
investment risks.

IMPROVED TRUST DOMAIN-SPECIFIC FLEXIBILITY

Helps solution providers demonstrate Tailors assessments to meet specific


compliance with industry best practices, requirements of different industries, such as
enhancing trust among investors, customers, finance, healthcare, and governance.
and stakeholders.

CONTINUOUS
ENHANCED FINANCIAL
IMPROVEMENT
SOVEREIGNTY REGULATORY ALIGNMENT

Bitcoinaoperates
Offers structured
independently
roadmap for of
improving
any single Encourages compliance with legal and
nation’s monetary
blockchain solutions
policy,
over providing
time, enabling
a hedge regulatory standards, such as KYC/AML,
against geopolitical
adaptability to evolving
risksneeds
and economic
and ensuring solutions are robust and secure in
sanctions.
technologies. regulated environments.
Governments and
Regulatory Bodies
To assess blockchain solutions for
compliance with legal, regulatory, and
security standards in areas such as
digital identity, voting, and supply
chain transparency.

Financial Institutions
To evaluate the reliability and scalability
of blockchain-based systems for
payments, digital assets, and
decentralized finance (DeFi) applications.

Technology Providers
To benchmark their blockchain solutions
against industry standards and
demonstrate maturity and trustworthiness
to customers and partners.
Trust and Continuous
Reliability Improvement

Ensures blockchain solutions are Encourages regular assessments


secure, transparent, and capable of and updates to solutions, ensuring
maintaining data integrity through they adapt to changing
decentralization and cryptographic environments, technologies, and
mechanisms. user needs.

Maturity Domain-Specific
Levels Flexibility

Establishes a structured progression Adapts to the unique requirements


from basic implementation (Level 1) of different industries, enabling
to optimized scalability and long- blockchain solutions to meet specific
term reliability (Level 5), providing a needs, such as financial compliance,
clear roadmap for solution healthcare privacy, or election
development. system transparency.

The Government Blockchain Association (GBA) the creator of the BMMs is a


global nonprofit organization that promotes the adoption of blockchain
technology by connecting governments, businesses, and individuals. It
develops standards, best practices, and educational resources to ensure the
responsible and effective use of blockchain in areas like finance, governance,
and supply chains.
Who is
using it
Oracle is utilizing the Blockchain Maturity Model (BMM) to enhance the
quality and trustworthiness of its blockchain products, ensuring they meet
global standards for enterprise and government use. The United Nations
plans to adopt the BMM as a framework to filter blockchain projects within
its organization and is exploring its application in managing its pension fund.
Additionally, the GBA is working with multiple governments interested in
adopting the BMM to evaluate and implement blockchain solutions that
align with their goals for transparency, security, and efficiency.

Engages Over 500 Government


Offices Worldwide
REACH OUT TO US

LETS MAKE IT SAFER TOGETHER.

GBAglobal.org

Blockpro.us

AUTHOR
Milton
Guarderas

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