Things are moving at lightning speed right now and whilst 2017 is the year to explore, in 2018 we will see the leading companies successfully productionise DLT on a global level. You do not have the luxury to wait until others have failed, you need to earn your own stripes. Therefore be agile, be bold, be brave, and have fun!
Recently, the UK’s Department of Work and Pensions (DWP) trialled the use of the blockchain to pay welfare benefits to the unemployed and disabled, and this raised privacy concerns. The scheme would see claimants receive and spend money using an application on their phones. And with their consent, their transactions are being recorded on a blockchain to aid financial management.
How will your data strategy be impacted? GDPR deadlines are now only 12 months away and with the potential fines being severe, organisations and their CDOs and equivalents have been making moves to consider the immediate risk mitigation options to ensure that they are compliant on time. But, rather than considering only the short-term impact,…