In blockchain technology
Operational Plan
Premises and equipment
Payment reception process for our products or services Legalrequirements for this type of business
Insurance needs
People
Finances
Outline of major items you think you will require, with a likelycost
Income forecast
Business and Legal Risks
Main risks
Suggested management methods for these
People and Organization partnership networks with the firm’senvironment (if any)
Expert Answer
the Major items required for payment reception processimplemented with blockchain technology are –
a) People – Skilled resources are one of thekey requirements to setup blockchain technology based business andcould be very expensive depending upon the position. b) Premises,Devices and equipment along with supporting services – This will bethe most expensive
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