At Kyiv Summit, a Case For Investing in Wartime Ukraine
SUBSCRIBER+EXCLUSIVE INTERVIEW — While Ukraine deals with shortages of troops, munitions, and equipment for its air defenses, some Ukrainians are teaming up with foreign investors […] More
The world is just beginning to experience the disruptions being generated by blockchain, the technology that underpins Bitcoin and that provides a new way to fight fraud and improve cybersecurity. The waves of innovation already underway make clear that it will change our overall business environment in the same way that the groundswell of information technology did in the mid 1990’s. Many business leaders did not care about IT. But IT changed their world anyway.
Executives who carefully considered the new impact of information technology to the business world were able to improve business outcomes in game-changing ways. The same will be true today.
While not all executives and members of company boards are fans of cryptocurrency, all seem to be deeply interested in exploring the business impact of the “distributed ledger” that makes cryptocurrencies work. The blockchain is a new and exciting way to change business models, remove overhead, reduce waste and improve overall business outcomes.
Since are going to have that big of an impact, we should all dive deeper into the topic. Here are the things every executive should know about blockchain-enabled technologies:
Finally, maybe the most important recommendation for executives: View the blockchain with excitement. And channel that excitement into action to improve your business.
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