Blockchain and the Creative Industries

When technology and creativity collide, opportunities emerge

SOURCEby Amy Cosper

Globally, a staggering $12 billion is expected to be spent on the development of blockchain-based technology solutions by 2022. The technologies offer powerful solutions for how we securely transfer, organize and access our data. And if you are a part of the creative economy this technology will impact your business. In fact, World Economic Forum predicts 10% of global GDP will be stored on blockchains by 2025.

While most people associate blockchain with cryptocurrency, it’s actually much more technology than currency.

Individuals, businesses, governments and NGOs are all being impacted – across all sectors including financial services, healthcare, defense, supply chain – and, of course, the creative industries.  Leaders and founders need to understand and embrace blockchain to set themselves apart and create efficiencies. The more you understand the technology, the more opportunities you create for yourself and the more value you create for your customers, employees, and your bottomline.

Blockchain is not as scary as it sounds. It’s an enabling technology. It will transform the way you approach business.

 

Get your head around it right here!