Blockchain has started the process - some say revolution - of transforming our analog assets into digital assets. Blockchain leverages fundamental computing advances within cryptography, distributed systems and peer-to-peer networks to create a global system for individuals to acquire, hold and transact with digital assets without the need for a centralized party acting as a guarantor.
While the media touts cryptocurrencies and non-fungible tokens (NFTs) and their rapidly increasing asset values, these are but minuscule implementations of Blockchain that may or may not survive in the medium- to long term. The true business imperative of Blockchain is much broader, and leads us to ask:
- How do we conduct business without creating large-scale inequities?
- How do we limit the power of stakeholders who do not add value?
- And how do we distribute power to consumers and business partners rather than centralizing it?
Join our next cohort, running from January 31, 2022, to March 13, 2022, to begin to answer these questions.