Extract from Gina Scialabba’s article “Beyond Cryptocurrency: 5 Questions about the Future of Blockchain for Thomson Reuters Technologist Joe Raczynski”
Blockchain — we’ve all heard about it, and also heard that it will certainly disrupt the financial, legal and public sector worlds near you.
The real questions surrounding the future of blockchain, however, relates to the evolution of its virtual ledger technology and the ways it will change the way we do business — regionally, nationally and globally.
Financial professionals wonder how this digital ledger will impact their day-to-day activities such as regulatory compliance or combating money laundering. Legal professionals are asking how blockchain will revolutionize their practices. Public sector employees want to know how to incorporate blockchain to improve security and efficiencies.
However, the overarching question pertaining to blockchain, no matter what industry you work, is whether or not we trust the technology.
For answers, Legal Executive Institute spoke to Thomson Reuters Technologist and Futurist, Joseph Raczynski, who recently was a featured panelist at the three-city, 2018 Thomson Reuters Public-Private Partnership Forums (P3) which held its first event in New York City on March 7.
