Blockchain: Is your business ready?

Imagine a world in which it is possible to transfer assets, eliminate contractual disputes and where trust is established between two parties without the need for an intermediary — all on the Internet. Securely. Confidently. With built-in accountability. All this can be realized through blockchain.  

Blockchain is a relatively new and advancing technology, and is finding its way into many non-financial uses and applications. The core principles of the technology mean that its potential is endless.

Despite the hug potential of blockchain, at PwC we realize that we must adhere to good practice and procedures to avoid issues regarding key management, smart contracts, privacy, architectural security, governance and consensus hijacking.

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