BlockChain
A disruptive technology that enables a shared, authentic, decentralized ledger
Blackstone eIT Blockchain is a cost-efficient system in which information is stored and shared among all participants of the network making the system immutable.
Blockchain is a secure, shared, distributed ledger
Secure
Secure
Uses cryptography to create transactions that are impervious to fraud and establishes a shared truth
Shared
Shared
Blockchain value is directly linked to the number of organizations or companies that participate in them. There is huge value to even the fiercest of competitors to participate with each other in these shared database implementations
Ledger
Ledger
The database is “write once” so it is an immutable record of every transaction that occurs
Distributed
Distributed
There are many replicas of the blockchain database. In fact, the more replicas there are the more authentic it becomes
Break through with  blockchain
Break through with blockchain
Blockchain, in many ways, appears to signify the dawn of a new era as it relates to the way we store and exchange value. In fact, it can be considered one of the biggest technology breakthroughs in recent history, similar to the advent of the Internet in the early 1990s. At that time, the Internet provided a new and more sophisticated way to search and share information, a way that was much more efficient and transparent.

Today, blockchain presents a similar value proposition and provides a way to transact in a secure, immutable, transparent, and auditable way. However, the understanding of the technology varies widely in terms of its potential and applicability. Through this primer, we aim to demystify blockchain and share our assessment of the current and future landscape, key drivers and impediments, potential applications, and considerations for companies
Decentralization has great benefits & changes fundamental processes & models
Eliminates  Intermediaries
Eliminates Intermediaries
Allows industries to redefine or create new business models
Reduces Fraud
Reduces Fraud
Highly secure and transparent, making it nearly impossible to change historical records
Increases Efficiency  and Speed
Increases Efficiency and Speed
Simplifies transactions and enables T+Zero settlement time
Increases Revenue  and Savings
Increases Revenue and Savings
Potential savings and new revenue opportunities through more efficient processes and reduced costs
Blockchain has the potential to disrupt multiple industries
Financial
Financial
Redesign costly legacy workflows, improve liquidity and free up capital. Help reduce infrastructure costs, increase transparency, reduce fraud and improve execution and settlement times
Healthcare
Healthcare
Removes third-party verifiers such as health information exchanges by directly linking patient records to clinical and financial stakeholders. Provides fast, secure, authenticated access to personal medical records across healthcare organizations and geographies
Government
Government
Increase transparency and traceability of how money is spent. Track asset registration, such as vehicles. Reduce fraud and operational costs
Retail & Manufacturing
Retail & Manufacturing
Better supply chain management, smart contract platforms, digital currencies, and tighter cybersecurity
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