Blockchain has the power to revolutionise how you, businesses and the world interact.
Leaders of forward-thinking organisations are exploring how blockchain can transform the way they create and seek value. Whether it’s used to streamline multiparty processes, create and trade new assets, or leverage artificial intelligence and the internet of things, blockchain enables entirely new business opportunities. As blockchain becomes more widely adopted, it has the potential to radically change the way companies and societies operate, as transformative a paradigm shift as the launch of the internet. Blockchain’s promise of providing a way to do business with anyone or anything in the world at any transaction size and without an intermediary in between is as powerful as ever.
Companies in industries as diverse as finance, sports, health care, retail, oil and gas, and pharma are engaging in a wave of blockchain experiments. They’re hoping to solve intractable issues such as counterfeiting and fraud, inefficiencies caused by opaque or manual processes, and perennial challenges with data quality and data management. Startups are also developing solutions, for example, to innovate movie financing, social media engagement, hospitality, and the gaming industry.
Blockchain could generate as much as $3.1 trillion in new business value by 2030, half of it by 2025 with applications designed for operational improvement.