10% of the global gross domestic product (GDP) is likely to be stored on the blockchain by 2027, as forecasted by The World Economic Forum (WEF). Is your organization ready for it?
Blockchain has enormous potential outside the world of cryptocurrencies. More than a way to transact for tokens representing numerous types of assets, shared ledgers possess significant potential for business as they commoditize trust, thanks to decentralization, transparency, and immediate transfer of value. Smart-contracts make it possible to streamline business processes, create incentive schemes within ecosystems and facilitate machine-to-machine payments.
In April 2018, the UAE Government launched the Emirates Blockchain Strategy 2021, which aims to capitalize on the blockchain technology to transform 50% of government transactions onto the blockchain platform by 2021. Besides the UAE Government, many private companies and other GCC organizations have initiated their blockchain projects.
Now, more than ever, organizations need to understand the potential of blockchain technology and how it might affect their competitive landscape. Looking into real-world applications across a large set of industries, this course deep-dives into the working of blockchains, helps you navigate through the use-cases for your industry, and sheds light on the regulatory, business and implementation aspects of blockchain.