Blockchain and its visible application as Bitcoin is one the most hyped yet little-understood technology of today’s world. On the hype cycle, today blockchain thanks to the meteoritic rise of Bitcoin and other crypto-currencies is on everybody’s radar.
The blockchain breakout session covering concepts, cryptocurrencies and smart contracts went a long way in demystifying blockchain as understood by a layperson and the coverage of applications related to logistics industry was very well received by the audience. Smart contracts offer a viable and real solution to this industry specifically covering cross-border trade and payments