Diffusion Digital 2020 - Big Corporates Can't Innovate in Blockchain

TL;DR

Big corporates can innovate in blockchain, and it is crucial for the transformation of industries and the creation of new value pools.

Transcript

hi everyone welcome to diffusion digital 2020 and the panel big corporates can't innovate in blockchain I think this title is meant to be provocative but I will be provocative even more and say I think it's lazy to say that big corporates can innovate in blockchain and we're here to explain why I'm joined just on time by James Peck from Accenture T... Read More

Key Insights

• 😃 Blockchain technology enables big corporations to drive digital transformation, create transparent supply chains, and transform industries.
• 😃 Collaboration between big corporations and startups is crucial for accelerated blockchain adoption and innovation.
• 😌 The future of blockchain innovation lies in its seamless integration into corporate processes, leading to more efficient and effective business operations.

Questions & Answers

Q: Why is it important for big corporations to innovate in blockchain?

Big corporations play a crucial role in shaping ecosystems, driving digital transformation, and creating new value pools in industries through blockchain innovation.

Q: Can you provide examples of successful blockchain innovations in big corporations?

Shell has developed a digital passport system for equipment, enabling supply chain transparency. Accenture is reimagining contract management and is exploring tokenization of software licenses. R3 is driving innovation through projects like Cactus and Contour, creating networks and platforms for trade finance and reconciliation.

Q: How do big corporations collaborate with startups in their blockchain innovation efforts?

Big corporations collaborate with startups to accelerate the adoption of blockchain technology, leverage their technical expertise, and implement innovative solutions in various industries.

Q: What is the future of blockchain innovation in big corporations?

The ideal corporation in the future will seamlessly integrate blockchain technology into their business processes, driving efficiency, transparency, and collaboration within their ecosystems.

Summary & Key Takeaways

• Shell has established a dedicated blockchain team to accelerate the adoption of blockchain technology in the energy industry and unlock its potential for digital transformation.

• Accenture is focused on reimagining contract management and asset tracking, particularly in the software licensing space, using blockchain technology.

• R3 is driving innovation by creating networks and ecosystems, enabling large corporations to collaborate, transform industries, and achieve widespread digital transformation.