Blockchain is a commercial reality and companies must become comfortable with a radical new way of working, just as they had to when the World Wide Web came along. Already, blockchain is used for items such as smart contracts, financial services, global shipping and mobile payments – all with the primary aim of saving time and cutting costs. Digital assets (cryptocurrencies) are underpinned by blockchain.

There have been a number of recent developments in the commercial use of blockchain.

This article was first published in Financier Worldwide Magazine September 2018:

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