Scott Nelson, Sweetbridge CEO, and Vinay Gupta, Mattereum CEO, discussed blockchain’s potential to transform global supply chains. They emphasised that blockchain can help establish trusted transactions, reduce fraud, and increase efficiency. Nelson pointed out that blockchain can enable the creation of a ‘liquid workforce,’ where individuals can work on multiple projects simultaneously, while Gupta highlighted the technology’s ability to create ‘smart contracts’ that can automate and streamline complex transactions.
Nelson and Gupta also touched on the challenges facing blockchain adoption. They stressed the need for regulatory clarity and the importance of building public trust in the technology. Nelson highlighted the need for a ‘bridge’ between the traditional economy and the blockchain economy, while Gupta emphasised the need for legal and technical infrastructure that can support blockchain’s unique characteristics.
The discussion concluded with an optimistic outlook on the future of blockchain, with both leaders expressing confidence in the technology’s potential to revolutionise supply chains and create a more equitable and efficient global economy. They agreed that while the journey may be challenging, the rewards will be significant.
Go to source article: https://blog.sweetbridge.com/scott-vinay-talk-a31e3a052f4e