While still nascent in its use for talent acquisition, blockchain has the potential to revolutionize transactional aspects of the recruiting process
Businesses are using blockchain’s key features to drive efficiency in existing business processes and enable new business models
Organizations need to take an objective approach to identifying the relevance of blockchain to solve any given business problem, first based on blockchain applicability and then classifying them into one of four categories: Ideal, Opportunistic, Selective, and Avoidable.
Shared Services / Global In-house Centers Leading in Digital Services Expansion
Practice Director Ronak Doshi will speak at Blockchain Summit India (BSI) 2019 held on Februrary 22-23 in Delhi, India. Ronak will be joined by other industry experts on a key panel where they will discuss the evolution of blockchain and FinTech for a digital cashless India.
India is passing through a wave of cashless and e-money formation. Innovation in this area by Indian FinTech startups, banks, and governments is at an all time high. The esteemed panel will discuss the formation of cashless India and what to expect in the next three years. They will specifically highlight a focus on what role cryptocurrencies and blockchain technology will play in this formation.
Blockchain Summit India 2019 is the first edition in a series of Vision Blockchain 2030 events. Then Indian Government, various ministries, the country’s premium academic institutes, and the country’s most influential people are participating to support the initiative. Learn more about Blockchain Summit India.
February 22-23, 2019
IIML NOIDA Campus
Ronak Doshi, Practice Director, Everest Group
Blockchain is increasingly viewed as a ground-breaking technology with potential to disrupt industries by enabling process efficiencies, cost optimization, and building new operating and revenue models. Everest Group research suggests that almost 60% of all blockchain use cases are focused on the financial services industry since the genesis of this technology from the cryptocurrency bitcoin. Some of the use cases of blockchain in financial services are FX settlement, real-time payments, OTC derivatives clearing, P2P lending, cross-border lending, compliance reporting/audit, securities Issuance, P2P insurance, trade finance, KYC as a shared service, event-driven insurance, and core banking.
To maximize the benefits of blockchain, enterprises need to take a planned and measured approach to adoption