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Summary and Conclusions

  • Mohsen Attaran
  • Angappa Gunasekaran
Chapter
Part of the SpringerBriefs in Operations Management book series (BRIEFSOPERMAN)

Abstract

Blockchain technology is revolutionary. It will make life simpler and safer, changing the way personal information is stored and how transactions for good and services are made. Blockchain technology creates a permanent and immutable record of every transaction. This impenetrable digital ledger makes fraud, hacking, data theft, and information loss impossible. The technology will affect every industry in the world, including manufacturing, retail, transportation, healthcare, and real estate Companies as Google, IBM, Microsoft, American Express, Walmart, Nestle, Chase, Intel, Hitachi, and Dole are all working to become early adopters of blockchain. Nearly $400 trillion across various industries is set to be transformed by blockchain.

References

  1. Libra Association (2019). Libra white paper. Retrieved July 12, 2019, from https://libra.org/en-US/white-paper/
  2. Iansiti M, Lakhani K (2017) The truth about blockchain. Harvard Business Review. January–February Issue. Retrieved April 12, 2019, from https://hbr.org/2017/01/the-truth-about-blockchain?utm_source=datafloq&utm_medium=ref&utm_campaign=datafloq
  3. Rijmenam (2018) Why blockchain is quickly becoming the gold standard for supply chain. November 21. Retrieved April 18, 2019, from https://vanrijmenam.nl/blockchain-becoming-gold-standard-supply-chains/?utm_source=datafloq&utm_medium=ref&utm_campaign=datafloq
  4. Velasco-Castillo E (2016) Nine blockchain opportunities that telecoms operators should explore. Knowledge Center, June, 13. Retrieved April 12, 2019, from http://www.analysysmason.com/Research/Content/Comments/nine-blockchain-opportunities-Jun2016-RDMY0/

Copyright information

© The Author(s), under exclusive license to Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Mohsen Attaran
    • 1
  • Angappa Gunasekaran
    • 1
  1. 1.California State University, BakersfieldBakersfieldUSA

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