At present, records and information about transactions between businesses and individuals are scattered in different, often privately held databases. Blockchain promises to connect them in an open, secure and distributed manner so that verification and reconciliation can be done instantaneously instead of days and weeks that it can take now. The authors of this HBR article argue thatblockchain is a foundational technology, that could evolve over several years to realize its full potential…
https://hbr.org/2017/01/the-truth-about-blockchain
Daniel Simmonds, US Blockchain Lab Lead and Senior Manager at Deloitte will be a speaker in the panel “Blockchain Technology & Its Implications” at the Frontiers of Digital Finance on October 3.