Exploring the Risks and Opportunities of Blockchain
The surge in mainstream interest over the last year in the price of cryptocurrencies such as Bitcoin, Ethereum and Ripple has popularized the discussion around blockchain technology and its application across a variety of fields. At the corporate level, the potential of blockchain has been realized for some time, and efforts to commercialize the technology go far beyond start-ups. The market for blockchain-related products and services is estimated to reach $7.7 billion in 2022, and has created new opportunities for major, multinational corporations such as IBM, Walmart and Microsoft.
Finance, IT, utilities, government, supply chain, retail, legal services and beyond – virtually every sector of business and society could be reshaped by the introduction of blockchain technology. But where – and when – is disruption most likely? Our panel will discuss the current and future opportunities that blockchain might offer. What are the advantages that the technology could bring, which companies are primed to capitalize on this potential and what are the associated concerns that come with blockchain’s anonymization and ‘unhackability’?