Business Track: The Business Impact of Blockchain: Beyond Fintech

27 Oct 2016
11:50 am

Business Track: The Business Impact of Blockchain: Beyond Fintech

All big players in the finance sector are adapting to the disruptive technologies of blockchain; they play in emerging consortiums to ensure they are not being left aside. The blockchain concept is built around the need of creating more decentralized decision-making processes. It relies on the idea of immutability, that is not being able to change decisions once they are made unless both parties agree and its resilience, as it can never be shut down.

This game changer in the finance sector is key as it is turning upside down the way we do business today. Other main topics discussed around this concept include making best business decisions using prediction markets and making microfinance profitable using smart contracts.

 

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