The Business Blockchain

EPILOGUE

BLOCKCHAIN TECHNOLOGY WAS NOT CALLED FOR. It just happened. If you reacted initially, maybe you have a head start. If you didn't, perhaps you can shift a gear, and become proactive. Whether you are leading or following, eventually you will have to sharpen your blockchain strategy.

Implementing the blockchain is still a new competency. The uncertainties, however, cannot be used as an excuse to hold up what must be done. All of us engaged are pioneers on a journey, and we have a responsibility to keep sharing what we are learning, so we can keep lighting the way for those that are behind us. It may take us longer to arrive at our destinations, but it will certainly help the followers, and they will pay us back by making the market bigger and easier to navigate. The future success of blockchains will depend critically on hundreds of millions of people using them.

Blockchains are more than business-technology enablers. They are instruments of social and political change. If we miss their higher calling, we would be falling short of realizing their fullest potential.

One valuable blockchain outcome we exposed is the emergent crypto economy, the sum of the economic realizations resulting from applying the blockchain's potential. This crypto economy is a trust economy that is decentralized at birth, both politically and architecturally; and it lends equal access and lower barriers of entry to all. As we prepare to get on board the crypto economy, undoubtedly it looks fuzzy, ...