Chapter 10
Staying Current
“Where could we use blockchain at P&G?” I recall asking a couple of smart start-up founders in June 2015. We were at their Silicon Valley offices, which had glass conference rooms hung from the ceiling over an atrium. It looked as futuristic as blockchain technology, which is essentially a secure chain of data blocks, each connected to the one before it, fully verified and managed without a central authority. It’s fascinating because it is considered to be unhackable. It has the ability to correctly and securely log any transaction, thus eliminating processes such as validation and reconciliation. That’s relevant since most operations in any enterprise are done as transactions—whether placing an order or paying for ...
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