The first generation of the digital revolution brought us the Internet of information. The second generation—powered by Blockchain technology—is bringing us the Internet of value: a new platform to reshape the world of business and transform the old order of human affairs for the better.
–Don Tapscott, author of “The Digital Economy, Wikinomics, and Blockchain Revolution”
In what seems like the blink of an eye, intermittent whispers about “this thing called Blockchain” have grown into a megaphone volume buzz. It’s something many industries are hearing about daily. Be it fresh takes on the topic published on the web or conversations with clients, Blockchain has become a pervasive topic.
What’s the Deal with BlockChain
Why is there a buzz? In large part, it’s due to the promise it holds. While value is still being proved, thoughts from experts like Don Tapscott, who is quoted above, are eye-opening. The concept of “powering the Internet of value” –that’s powerful stuff.
The uncertainty (some would say mystery) surrounding Blockchain is also a factor. It’s the classic– ask 10 people what Blockchain is and what it could mean and you’ll likely get 9 or 10 different answers. People, companies, and industries are trying to figure out what it is and how it can help them. But it will have an impact on our world, especially the digital one.
Find More About BlockChain
So, what’s the big deal about it? Well, imagine a world where, as Don Tapscott says,
“Trust is established through mass collaboration and clever code rather than by powerful intermediaries like governments and banks.”
This technology could be life-changing for business transactions and communication as well as many other areas.
In a recent webinar, we dove into this to understand what Blockchain is, where it came from, why it’s a big deal, and where the opportunity is for Life Sciences industry, specifically. We are happy to make that webinar recording available for you to download! Check it out here.