The Blockchain Consortium is a collection of organizations which have adopted values and workflow models that include blockchain-centric business processes and recordkeeping, as well as the principles enumerated below.
How did The Blockchain Consortium come to be?
John Crockett and Michael Noel, founders of Blockchain Consultants, Inc. recognized the need for a “trade organization” that would promote the interests of blockchain-related companies. During a time when most people had labeled blockchain as “a technology desperately seeking a use case,” Michael and John developed a list of 28 viable business use-cases for blockchain technology. Through a series of Meetups, Michael promoted these use cases and actively sought entrepreneurs who had in interest in developing the ideas.
The Blockchain Consortium developed as a kind of incubator in which John and Michael could provide support to interested entrepreneurs in the form of knowledge, guidance, connections, and encouragement, as they attempted to give life to the “use cases” as viable business and/or social ventures.
Guidelines and Support
Membership in The Blockchain Consortium (TBC) provides valuable benefits. The price for obtaining those benefits is adhering to a set of values and taking on a set of responsibilities as described below. These are subject to modification at the sole discretion of the TBC board.
A reading list for Consortium entrepreneurs (required):
- The Truth Machine, by Paul Vigna and Michael Casey
- Principles, by Ray Dalio
- Find Your Why, by Simon Sinek
- Crossing the Chasm, by Geoffrey Moore
Reading these books gave all initial TBC members a common conceptual and language basis. Individuals who are considering membership in TBC are required to establish the same basis for themselves. As you will read in Principles, truth, radical transparency, and operating within a consensus-based framework for arriving at decisions is hard. It takes some getting used to.
We believe blockchain technology will not only change how businesses maintain records and sell fractional ownership in equity and assets, but in the fundamentals of how business is done. TBC will be the vanguard at the frontier of these changes. Along these lines, membership in The Blockchain Consortium requires member companies to place a high value on consensus, transparency, excellence, and truth as core values for their respective enterprises.
TBC support includes:
- A built-in consulting company (Blockchain Consultants, Inc.) for knowledge transfer
- A built-in software development company (Blockinetics, Inc.) for development of blockchain enabled applications
- Built-in marketing (Blockchain Weekly, Token Thunder)
- Various pre-prepared templates for legal and regulatory compliance
- An equity crowdfunding platform (Razitall.com), which can be used by Consortium companies to raise capital through the sale of equity under the relatively recent SEC guidelines for “Reg. CF” offerings.
- Help from other TBC members in the form of knowledge, guidance, connections, and encouragement.
Each new company added to TBC will bring a new set of skills, experience, and work product to the “fold.” We expect, from every member of TBC, an unwavering commitment to TBC synergy. Every new member should contribute to making “the whole” better than it was without them and the current membership in TBC commits to make new members better than they could possibly have been had they opted not to become members.
The Blockchain Consortium is a group of Arizona entrepreneurs and successful business owners providing solutions to the capitalization requirements for Blockchain Technology start-up and growth-stage businesses in Arizona.
As a consortium of Arizona entrepreneurs and business leaders, the organization will operate as a technology incubator and advisory resource. The Consortium will provide education and practical business services for the benefit of participating members, with an emphasis on the essential role of assisting Arizona technology firms in raising capital.