After all, if you want to dive into technicalities, then you should have gone to the parallel session by Microsoft… 1  Potential for innovation through blockchain Let’s start with the good news. There are plenty of opportunities that new DLT technologies, such as blockchain, could bring in the not-so-distant future. More and more businesses today are testing DLT in different contexts.
Diamond registration is an often-used example. And DLT may also offer benefits for the international trade like the coffee trade, in terms of traceability, logistics and supply chains. Increasingly, we see business cases popping up where blockchain could improve processes. In the financial system, blockchain is also making advances, albeit much slower. The sector’s strict requirements on efficiency and integrity may partly explain this.