129: Demystifying Blockchain & It’s Impact on Procurement, w/ Jack Shaw

I think it is fair to say that you can’t move for reading Blockchain related articles today. But to be honest, I have always been a little confused by them in terms of understanding what Blockchain actually is. In today’s show, I attempt to demystify Blockchain, and its impact on procurement. Helping me understand the potential of Blockchain is Jack Shaw. Jack is a business technology futurist who has spent his career leading companies in numerous industries to lever technology to find better, more efficient ways of conducting and operating their businesses. Jack has authored three critically acclaimed books and numerous articles and is a prolific keynote speaker, including the recent ProcureCon Indirect East. He also is the co-founder of the Blockchain Executive and American Blockchain Council. In today’s show we go down to the very basics to understand what Blockchain actually is, so that we can then begin to understand what are some of the technologies that can be built upon it. We then discuss usage cases and their impact within procurement and supply chain.