Blockchains allow for decentralized trust through consensus and incentives to address issues caused by centralized trust being hacked in the digital world. While the technology is abstract and complex, blockchains represent a revolution in the economy by enabling new applications like cashless remittances, digital identity, and asset tokenization. However, challenges remain around security, governance, custody, regulation, access to talent, and fragmentation as the industry works to develop mainstream applications beyond just currency.