Articles

What’s the big promise of blockchain in business? Its ability to eliminate the middle man.

Blockchain is basically a ledger of people’s transactions. It is the underlying programming on top of which the cryptocurrency bitcoin was developed.

Blockchain doesn’t allow for people’s transactions to be hacked because everyone has access to a record of the values exchanged. Because of this, it is said to be unhackable.

Blockchain has many potential uses, such as in accounting systems. This is already the case in Dubai, where its used for the city’s stock exchange, and in the Baltic states, such as Latvia and Lithuania, for their political processes.

Tony Saldanha is a Fortune 25 executive in the Global Business Services (GBS) and Information Technology area. During a 27-year career at Procter & Gamble, Saldanha ran IT and GBS in every region of the world, helping create a multi-billion dollar best-in-class operation. He currently provides advice to boards and CEOs in Fortune 500 companies on digital transformation, especially on internal business operations. He is the author of “Why Digital Transformations Fail: The Surprising Disciplines of How to Take Off and Stay Ahead”

Blockchain is transforming the economy by affecting almost every industry.

In this talk, Andreas Antonopoulos asks which blockchain is the best blockchain, and then shows why that question falls short. He argues that we should choose tools that are best designed for the applications we want to build. but must also understand that what we create may be used by the market in unanticipated ways, and that function may change over time. Form follows function… sometimes.

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money” series, and “Mastering Ethereum.”