Name, address, email address, telephone number, payment details and Ticketmaster login details were…
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When people think of blockchain, cryptocurrencies such as Bitcoin are probably the first thought that springs to mind. Where blockchain, with Bitcoin, has caused disruption in the financial sector, blockchain has the power to disrupt and solve problems in multiple other sectors, such as Marketing & Advertising. Transparency, trust and battling counterfeiters.
Over recent months IBM has urged the government to consider the use of blockchain as a way of saving time, money and averting risk. IBM has stated that this technology needs to be seen as more than just the foundation for cryptocurrencies. IBM is amongst the growing number of companies offering Blockchain-as-a-Service (BaaS); a service that allows enterprises to pilot the technology without having to undergo huge capital expenditure in hardware and onsite development.
Technology companies are behind 24% of UK exports and 3 million jobs. However, the UK’s high-tech industry is likely to suffer as a result of the vote to leave the EU. This is expected to occur as a result of the significant network effects that impact this sector of the economy.
“Anything to do with Brexit is uncertain [and] makes life more complicated”, Ben Griffiths, Head of Systems, Analysys Mason. In the face of this uncertainty and complexity it is imperative that firms don’t just remain passive regarding the changes happening around them. Read some of the key things businesses can be doing to prepare for the challenges Brexit brings with it.
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