Transparency & privacy—that’s the beauty of blockchain | Giovanni Franzese | #LDNBlockchain23

Discover how blockchain technology solves issues of trust and immutability with transparent and private solutions, enabling automation and compliance with international standards.

Key takeaways
  • Transparency and privacy are the beauty of blockchain
  • Public blockchain is slow and not suitable for enterprises
  • Private blockchain platforms are expensive and not scalable
  • Immutable ledger and distributed architecture are essential for blockchain
  • Smart contracts and digital signatures ensure the integrity of data
  • Blockchain solves problems such as lack of trust and immutability
  • It provides visibility, traceability, and data integrity
  • Transparency and privacy are two sides of the same coin
  • Blockchain can provide both transparency and privacy
  • Immutability and no-repudiation ensure that data cannot be changed or manipulated
  • Distributed architecture allows data to be replicated in multiple places
  • Smart contracts and digital signatures enable automation and self-execution
  • Blockchain can simplify compliance with international standards
  • It provides a secure and transparent way to conduct business processes
  • Ericsson is one of the main vendors for telecom equipment and is embracing blockchain
  • The company has developed its own blockchain platform, Hyperledger Fabric
  • Ericsson has also partnered with other companies to develop blockchain solutions
  • The company’s goal is to make it easier for customers to use blockchain
  • Transparency and privacy are essential for building trust between parties
  • Blockchain can help solve the problem of lack of trust between parties
  • It provides a secure and transparent way to conduct business processes
  • Blockchain is a distributed ledger technology that is transparent and tamper-proof
  • It allows data to be replicated in multiple places
  • Smart contracts and digital signatures enable automation and self-execution
  • Blockchain can simplify compliance with international standards
  • It provides a secure and transparent way to conduct business processes
  • Transparency and privacy are essential for building trust between parties
  • Blockchain can help solve the problem of lack of trust between parties