Major corporations + regulation.

One of the most fascinating aspects was not just how many industry titans were in attendance; but how many global corporations have been busy building/exploring blockchain solutions for their own businesses.

Frederick W. Smith, chairman and CEO of FedEx, mentioned in detail how disruptive blockchain tech would be for his industry, which adds weight to the news we heard back in February about FedEx’ plan to integrate blockchain into its daily operations by joining the Blockchain in Transport Alliance (BiTA).

“Blockchain has the potential to completely revolutionize what’s across the border.” — Frederick W. Smith, CEO of FedEx

We watched Bridget van Kralingen from IBM Blockchain break down enterprise networks and a token driven economy. JT Rose and Marc Mercuri from Microsoft explained how you can create and deploy multi-parity apps with Azure.

During one of the panels, it was mentioned in passing that United States regulators are continuing to explore ICO’s and cryptocurrency, and there is no plan yet to suppress the sector. The government representatives that were on stage mentioned that there are no plans to hinder innovation in the field.

Our Takeaway:

Major corporations and industry leaders are moving at breakneck speeds to build (or support) various blockchain solutions.

Blockchain tech is not only being taken seriously, but record amounts of resources (both talent and financial) are being allocated to fully understand and utilize the technology for business applications.