Author: Tom Serres, Bettina Warburg
Release Date: December 5, 2017
Abstract:
Presentation by BRI Research Directors Tom Serres and Bettina Warburg from the BRI Fall 2017 All-Member Summit. They explore the implications of blockchain technology in supply chains, and how the movement towards decentralized and automated infrastructure will impact manufacturing.
This project reports on the state of the enterprise blockchain space. It begins with commentary on the state of the world writ large—from the pandemic’s effects on the economy and the global need for vaccinations to the K-shaped recovery and the consequences of helicopter money (e.g., inflation). It covers a series of developments relevant to enterprise users: the price volatility of cryptocurrencies, the shortcomings of consensus mechanisms for enterprise needs, the growth of stablecoins, the status of tokenless blockchains and blockchain-as-a-service offerings, and the latest on central bank digital currencies (e.g., China’s digital currency electronic payment initiative). It concludes with a summary of implementation challenges that enterprise applications must overcome to gain traction. It’s time for blockchain innovators to address enterprise leaders’ tough questions about use cases, regulation, criminal usage, and environmental harm.
Read MoreThis research project surveys what federal governments can do to exploit the next era of technology across their operations, within their economies and society, and with their allies and global partners. It focuses on the threats and opportunities facing the United States—including China’s increasing dominance in global supply chains and strategic innovation. It also speaks to challenges the new administration faces, and recommends five areas for immediate action: securing digital systems, citizen identities, and personal data; embracing cryptocurrencies and launching a digital dollar; transforming government services and culture; engaging citizens in democratic processes while holding officials accountable; and retooling America as an engine of innovation. It is a must-read for changemakers in all stakeholder groups who want their government to transform and lead in the digital age.
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