Blockchain Putting theory into practice

Is the hype around blockchain justified? Goldman Sachs believes just that..

Is the hype around blockchain justified? Since Bitcoin introduced the world to the concept of secure distributed ledgers, much has been written about their potential to address other business problems. But the discussion often remains abstract focusing on the opportunity to decentralize mark ets and disrupt middlemen. GoldmanSachs shift the focus from theory to practice, examining seven real-world applications of blockchain, such as enhancing trust in the Sharing Economy, building a distributed smart grid, lowering the cost of title insurance, and changing the face of finance across capital markets, trading and control. We identify, itemize, and quantify the player dollars and risks for blockchain to reach its full potential.

Lara Abdul Malak

Lara has been a journalist and writer in the technology field since her graduation from AUB majoring in political science. She has had career in corporation communications in the telecom sector and was part of the launch of first 3G network in the GCC and MENA region. Since her return to journalism she has been focused with passion on blockchain, tokenization, crypto focusing on the GCC and MENA region. Lara worked with Unlock Blockchain until 2022.

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