Blockchain, the technology of the distributed ledger, continues to make inroads into numerous industries, especially the financial services sector. But as with any new innovation, blockchain presents both rewards and risks: Too many early adopters get swept up in the enthusiasm and focus solely on the benefits. Boston Consulting Group professionals Antti Belt and Steven Kok cut through the hype to examine blockchain’s pros and cons in the commodities trading business. Financial executives will find this a compelling and thought-provoking analysis.
In this summary, you will learn
- How blockchain could transform commodities trading,
- What opportunities confront industry stakeholders and
- What risks threaten to outweigh the benefits of embracing blockchain.
About the Authors
Antti Belt and Steven Kok are Boston Consulting Group professionals.