The transformative power of blockchain: revolutionizing societies and economies

In recent decades, the global economy and societies we live in have undergone unprecedented digital revolutions fuelled by technologies such as the internet, mobile devices, cloud computing, AI and blockchain. However, this digitalization of economic and social activities has disrupted conventional paradigms and business models, ushering-in what is now known as the “digital economy” and  encompassing activities enabled by digital platforms such as e-commerce, digital media, telecommunications, software services and cloud computing. The use of blockchain technology (beyond cryptocurrencies) has significantly impacted sectors across a wide variety of industries such as finance, trade, supply chains, entertainment, travel and healthcare - to name just a few - by offering secure and transparent access to data on decentralized networks. And investments in blockchain initiatives have skyrocketed, particularly in applications enhancing supply chain transparency, cybersecurity, property regis…