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By Brian Sherry October 17, 2018

The perceived impact ofย digital currenciesย has so far been limited to the ups and downs of Bitcoin and similar innovations on the world market. Media is overloaded with stories of rapid rises, bubbles and sudden drops in value. But theย realย story is in the transformative technology that enables these currencies to exist at all:ย blockchains.

Neha Narula, gifted speaker and director of the MIT Media Labโ€™s Digital Currency Initiative, is a rare expert and passionate enthusiast for the power of blockchains to revolutionize our economy and society. Her insights are of the utmost value to any organization as blockchains could potentially change everything we think we know about the financial system, supply chain management and sustainability reporting. Blockchains also have the potential to restore something many argue weโ€™ve lost in our disorienting world: trust.

In 2016, Narula outlined a vision of the future of finance in her highly viewed (more than 2 million!) TED Talk, โ€œThe Future of Money.โ€ In it, she explained how blockchains โ€“ public ledgers in which transactions between two users belonging to the same network are stored in a secure, verifiable and permanent way โ€“ and the digital currencies they enable simultaneously remove control of financial transactions from banks and other institutions while providing clearer accountability and transparency.

CLICK TO READ A NEW WIRED PROFILE ON NEHA NARULA

โ€œTHE BLOCKCHAIN: BOON FOR BANKERS โ€“ OR TOOL FOR TYRANTS?โ€

Narula believes this has enormous consequences for the way people and businesses send and receive money. By creating a new way to verify the integrity of online transactions, documents and other underpinnings of commerce, blockchains can democratize financial information and restore trust in the way the global economy operates. It could also give ethical corporations the edge over those with murky supply chains and financial dealings, ushering in a new era of sustainable capitalism.

Narulaโ€™s research also focuses on theย securityย implications of digital currencies, as well as how blockchains are already being used toย transform supply chain managementย in multiple industries, including aerospace, food production, the diamond trade andย music.

To learn how Neha Narula can help your organization capitalize on the revolutionary potential of blockchain, contact us. She is available for speaking engagements, including keynote addresses, speeches, panels, and conference talks, and advisory/consulting services, through the exclusive representation of Stern Speakers, a division of Stern Strategy Groupยฎ.

The Truth about Cryptocurrencies and Blockchains was last modified: October 30th, 2024 by Meg Virag