Blockchain is the future of business, and the future is here!
Reviewing the core concepts behind blockchain technology to understand why it is predicted to transform every industry and how we do business
Last week, I had the opportunity of meeting with the leader of blockchain solutions for one of the major financial institutions in Canada. I shared with her some of my views on the recent slowdown in blockchain adoption including the cryptocurrency chill, the complexity of the technology resulting in ambiguity, and the legitimate questions around throughput, scaling and interoperability.
Blockchain is predicted to transform how we do business and reshape every industry — including small shops to peer-to-peer transactions to the largest capital markets of the world. In their recent report, Capital Markets: innovation and the FinTech landscape, EY puts blockchain above all other emerging technologies including AI, Cloud technology for its long-term benefit potential of 5 years and beyond.[1]
In spite of the apparent slowdown in its currency applications, there remains exceptional optimism…
