Are Enterprises ready for Blockchain?

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As part of the #ParkarPaysItForward meetup series, Parkar hosted an insightful event on September 7, 2018, at General Assembly, Chicago, to explore the readiness of enterprises for Blockchain technology.

Blockchain has emerged as a disruptive and transformative technology, gaining significant traction in Chicago for its ability to make B2B transactions more secure, transparent, and efficient. This educational meetup aimed to dive deeper into Blockchain’s potential and its applications in industries such as banking and healthcare.

Panel Discussion Highlights

The event featured a distinguished panel of Blockchain experts, moderated by Lauren Ramsey, CMO at Parkar:

Melvin Petties, Director of Product Management, Sweetbridge

Nineveh Zoudo, Co-Founder, Blockhive

Karrie Sullivan, Principal and Chief Transformation Officer, Culminate Strategy

The 90-minute discussion explored the Blockchain revolution and its real-world applications:

Karrie Sullivan emphasized Blockchain’s ability to eliminate intermediaries, creating trusted environments for transactions, and discussed how integrating Blockchain with AI can streamline business processes and reduce administrative workloads.

Nineveh Zoudo highlighted the importance of data security, framing Blockchain as a new type of database for securing critical information.

Melvin Petties introduced the concept of using Blockchain to track changes to data instead of storing sensitive data directly, enhancing privacy and trust.

Key Takeaways

The event left attendees with a thought-provoking question: Can Blockchain democratize resources and work, enabling individuals to focus on more meaningful and creative tasks?

By showcasing diverse perspectives on Blockchain’s potential, the meetup provided valuable insights into how enterprises can embrace this technology to drive innovation and efficiency.

Fostering Innovation in the Chicago Community

Through initiatives like this, Parkar remains committed to fostering knowledge-sharing and promoting innovation within the Chicago tech ecosystem. The success of this meetup underscores Parkar’s dedication to empowering enterprises with the tools and insights they need to navigate the ever-evolving digital landscape.