Blockchain technology holds enormous promise to transform how businesses operate. Which means, therefore, that it is also a giant pain in the neck for boards and senior executives alike. Blockchain has the potential to be a disruptive technology, one that changes how whole industries work. However, the truth is that disruptive technologies leave corporate boards uneasy.
“Technology is massively disrupting corporate America,” says Christa Steele, a former bank CEO and now board director very much in the pro-blockchain camp. “So we have to come up with new ways to mitigate that risk, and educate ourselves in the boardroom to ask the right questions.”
Download the latest issue of the Tone at the Top Newsletter and share it with your audit committee and your organization’s senior management and start the conversation.
February 2019 Tone at the Top: Boards Look to Harness Blockchain Disruption