The term “blockchain” is often associated with cryptocurrencies such as Bitcoin, as blockchain technology facilitates transactions globally without the need for banking intermediaries.

Yet blockchain extends far beyond cryptocurrencies. Blockchain offers opportunities for businesses in all industries to manage payments, supply chains and data more efficiently. Blockchain systems are also highly resistant to cyber threats, as data is stored on a decentralised network. Data cannot be altered and deleted, improving transparency.

Although the potential of this new internet financial system is vast, blockchain technology often remains underutilised due to its perceived complexity. How can businesses better understand the benefits of blockchain and use it to make their operations more efficient and resilient? How can the challenges of blockchain also be considered, such as high energy consumption and the potential for slow processing of transactions?

The Financial Times, in partnership with BSV Blockchain, hosted this webinar for business leaders in strategy and operations to break down blockchain barriers and explore blockchain’s potential for both SMEs and large enterprises.

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