The Blockchain Summit in London started off with a panel exploring for which industries and applications blockchain can add the most value.
Asked to identify the industry where it will have the most impact, surprisingly Ken Marke of the
Blockchain Insurance Industry Initiative (B3i) chose supply chain. The rationale is that both a supply chain and a blockchain are networks.
Boris Spremo from BNY Mellon bank believes that in many industries it’s still a technology looking for a problem to solve. He opined that it was well-suited in finance and payments in particular. Mainstream adoption is more likely initially in the third world and for financial inclusion.
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