The world has seen several innovations that have radically transformed the way economic value is created and captured by individuals and companies. Inventions like the wheel, the compass, intercontinental travel, the steam engine, railways, the automobile, the airplane, the computer, and the internet have played a major role in shaping the global economy.
In this chapter, we want to give you an idea of how profound the impact of blockchain will be, a decade or two from now. We will cover the following topics in this chapter:
- Blockchain and financial services
- Trade finance on the blockchain
- Blockchain and insurance
- Investment banking and blockchain
- Blockchain and financial regulation
- Blockchain and the retail sector
- Blockchain and intellectual property
- Blockchain and the food sector
- Blockchain and the transportation sector
- Blockchain...