Blockchain: A revolutionary change or not?

DOWNLOAD PDF

Blockchain today may be compared to what the Internet was in the early 1990s. While we have witnessed how the ‘Internet of Information’ has changed our society over the past two decades, we are now entering a phase where Blockchain may do the same by ushering in a new paradigm comprising ‘Internet of Trust’ and ‘Internet of Value’.

The current whitepaper in collaboration with Deloitte tries to cover the history of Blockchain, current trends and potential challenges to large scale adoption.

Key Findings

Overview of Blockchain

Key benefits of BlockChain technology include - Real time, No third party or Intermediary, Shared and Distributed Ledger, Irreversible, and Censorship resistant.

Blockchain Use Cases in Financial Services Industry

Trade Settlement, Trade Finance, Underwriting, Digital Identity, and Claims processing key use cases of Blockchain in Financial Services industry.

Blockchain Use Cases across Technology, Media and Telecom Sectors

Other use cases of Blockchain include – Supply chain traceability, Customer Data Management, Identity as a Service, Fraud Management, etc.

Potential Challenges to Mainstream adoption of Blockchain

Lack of clarity on transparency, data sovereignty, and coordination key challenges to potential adoption.

Blockchain: A revolutionary change or not?

Key Findings

Get The Report