Innovators By Current Global

IBM on the coming power of blockchain

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Sinopsis

Blockchain will have the same impact long-term as we have seen the internet have on commerce, says Laurence Haziot, global managing director of IBM, on the latest episode of TheCurrent Innovators podcast. A leading woman in the STEM industries, Haziot looks after IBM's Worldwide Consumer Industries division, which includes retail, consumer products, wholesale and agriculture. She believes strongly in the potential of blockchain for the future, from the impact it can have on the supply chain to the role it will play in sustainability and transparency. While it's nascent right now, the fact that this digital ledger was designed from the beginning to be more secure than current systems we rely on, is key, she explains. That doesn't make it a silver bullet, but it does make it an opportunity. IBM is already trialling use cases of the technology as a result, including provenance for food safety at Walmart, shipping efficiencies for Maersk, and diamond authentication for the jewelry industry in a project called