Today at the Consensus event in New York, the founder of FedEx, Frederick W. Smith, said that “Blockchain has the potential to completely revolutionize trade across borders.”
The FedEx Chairman has a pedigree for seeing tech potential. In the 1970s he stated that the information about the package is as important as the package itself.
Don Tapscott asked Smith whether it would be best to be a fast follower or a leader in this area. Smith responded: “Any leadership initiative or entrepreneurial venture is high risk, high reward. The people who get out there with the newest product or service, with the most advanced technology, usually create an almost unassailable position. Unless they give it up or make some sort of mistake.”
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