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Blockchain: Transforming Industries by Fintricity at ArabNet Riyadh 2017
Digital Experiences and Blockchain
Digital savvy customers want experience and outcomes rather than just products
Removal of Intermediaries
Intermediaries have been a integral part of business for
hundreds of years because parties don’t trust each other.
Blockchain removes the need for an intermediary.
e.g. Banks, Exchanges, Brokers, Hubs, Supply Chains.
Trust in the network
Using Blockchain technology enables secured trust in the
network for integrity of transactions.
Blockchain transforms trust in a supply chain. e.g.
Enabling the connection of counterparties and visibility of
Ability to track an asset across the supply chain and
prove its provenance – where it came from
Blockchain transforms the tracking of assets. e.g.
Recording and tracking assets with and who owns them
on a Blockchain.
Security is strong in the network using cryptography and
immutability of transactions and enables secured data
Blockchain transforms security between parties. e.g.
Better and more secure for accessing and executing