What is the GBA Public-Private Partnership (PPP)?
The GBA PPP is a consortium of public and private entities that pool the resource and results of a group of companies and government offices to research, develop and deliver a blockchain solutions. The PPP focuses on use cases common to government functions. For example, all governments must perform the following functions:
- Asset Management
- Budget, Appropriations & Tracking
- Compliance Monitoring
- Contract & Grant Management
- Land Titling
- Licensing & Permitting
- Revenue Collection
- Revenue Collection
The mission of the partnership is to deliver a system that is universally applicable across government offices yet can be configured to meet the requirements of each government office.
Why Participate in a GBA Private-Public Partnership (PPP)?
There are four primary reasons to participate. They are:
- Reduced Costs – Imagine the cost of every government in the world researching, developing, deploying and maintaining their own IT systems. In the past, they had to do it because of data security and integrity requirements. However, blockchain provides new opportunities and capabilities to share costs, improve security and improve efficiencies. Government could deploy solutions at a fraction of the cost of traditional IT system acquisition.
- Faster Deployment Cycles – Imagine how much faster 100 Thomas Edisons could have invented the light bulb as opposed to just one Thomas. A consortium of companies works together in a collaborative environment, where each member of the consortium benefits from the success. Together, they solve the same problem faster than any one of them could individually. Also, with the fast pace of technology, a consortium helps individual members keep pace with the rapidly moving technology train.
- Minimize Risk – One of the biggest impediments to blockchain adoption is the costs and concerns of the unknowns. However, if each government office is only risking a small amount (because every other government office is risking the same small amount), the barriers to beginning a blockchain proof of concept is greatly minimized.
- Less Politics – Having solutions developed by a broad-based coalition of people and organizations lessens the burden of any single office or individual from being accused of politicizing the process or pursuing their own self interests. The broad based, consensual nature of the process immunizes participants from being accused of improper motivations.
How Does it Work?
Public Sector Organizations
Each Public Sector organization that wants to participate pays a small fee to become a consortium member. That entitles that organization to the benefits of a large corporate GBA membership plus, they may designate a “Product Owner” also known as a Subject Matter Expert (SME). The SME is the technical point of contact between the Consortium Member organization and the Consortium Development Team. This person represents the Consortium organization by providing requirements and participating in validation activities to ensure that the final product will meet the needs of their respective organizations.
Participation is on a subscription basis. The program runs across a multi-year period. However, participation is based on a one-year subscription. As long as the consortium members has an active, valid subscription, they are entitled to all of the work products, and Intellectual Property (IP) produced by the Consortium.
Private Sector Organizations
Private sector organizations participate in a similar fashion as the public sector organization. However, private sector organizations may identify one or more individuals to participate on the development team (instead of a designating a SME). This individual serves as the technology transfer agent between the consortium and the private sector consortium member.
The GBA administers the program and uses collected moneys to establish and manage contracts with GBA members to perform the following activities:
- Project Management
- Communications & outreach
- System administration
- Requirements elicitation, collection analysis and management
- Architectural design
- User support
The GBA provides regular reporting to all of the consortium members that details the money collected and describes who it is being spent with and the results of all money spent. The goal will be to use the developed blockchain system to provide transparent reporting about the financial management of the consortium. Major decisions will be proposed to the consortium members and decisions will be made using a distributed, transparent and collaborative process.
How does my organization participate?
Contact Saba Kifle to get started.