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Central bank currencies are more than payment systems. They are programmable networks for verifiable commerce, says EY's blockchain leader.
EY's blockchain leader says blockchain technology's biggest impact will be in lowering transaction costs in the global economy.
The ability to represent all industrial capacity as tokens on a blockchain will have huge implications for resource use, says our columnist.
As DeFi does away with middlemen in finance, "DeOps" could reduce the need for intermediaries in large-scale supply systems.
Enterprise blockchain doesn't need to reinvent the wheel: Communications standards in use for decades are built for machine-to-machine commerce.
Blockchain tech will allow small businesses to collaborate as never before, reducing the power of big business to dictate terms.
Decentralized, oracle-based systems, like Chainlink's are unworkable for financial services without third-party verification.
For DeFi to go mainstream, it needs to adopt the privacy large enterprises require.
ICO-related drama overshadowed blockchain tech's enormous progress in 2018, writes EY's Paul Brody.