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Table 1 Taxonomy of the maturity assessment

From: A maturity model for blockchain adoption

  1. Initial 2. Repeatable 3. Defined 4. Managed 5. Optimized
Technology • Ad hoc, chaotic
• Emerging
• Lack of understanding
• Methodology establishment
• Controlled and coordinated
• Reactive
• Standardized and documented
• Proactive
• Quality metrics establishment
• Consolidated and reliable
• Continuous improvement
• Share of knowledge and information
Market • Focus on function
• High cost
• Focus on reliability
• Transactional customers
• Broad no-target promotion
• Focus on assured delivery of services
• Prices settle down
• Requirements are measured
• Standard services
• Price with incentives and outcome metrics
• Customers are grouped with profiles
• Promotion is targeted
• Empathy in dealing with emerging business needs
• Create the product special influents in industry.
Regulation • Less supervision
• Competition is forbidden
• Rules have been borrowed from related domains • Regulation rules and laws are defined • Measurements on regulation is set up
• Competition is encouraged under supervision
• Free competition
• Market based on well-established legal system