By Brian Sherry October 17, 2018
The perceived impact of digital currencies 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 the real story is in the transformative technology that enables these currencies to exist at all: blockchains.
Neha Narula, gifted speaker and director of the MIT Media Lab’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 we’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, “The Future of Money.” In it, she explained how blockchains – public ledgers in which transactions between two users belonging to the same network are stored in a secure, verifiable and permanent way – and the digital currencies they enable simultaneously remove control of financial transactions from banks and other institutions while providing clearer accountability and transparency.
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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.
Narula’s research also focuses on the security implications of digital currencies, as well as how blockchains are already being used to transform supply chain management in multiple industries, including aerospace, food production, the diamond trade and 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 Group®.