The blockchain for companies

On the occasion of the Bizhackathon on 7 and 8 June 2017, Medef and the consulting firm BCG (Boston Consulting Group) put online the Blockchain White Paper for companies.

Objective: "to draw up a comprehensive inventory for decision-makers and entrepreneurs to understand the challenges, opportunities and challenges of this technology that promises to transform all sectors of the economy. "

This 62-page document, which attempts to account for all the experiments in progress, seems to bury Bitcoin a little bit, presented as an ancestor who, beyond his sulphurous mediatization and technical limits, Conceptual ", the" merit to bring out the blockchain technology on which it was built. "

It will nevertheless raise this warning of Pierre Noizat:

"By eliminating the network (Bitcoin) and focusing on the blockchain, companies are reinforced by the idea that their own infrastructure, a private network, is the best option. What is it?

Before Bitcoin, the digital transition was conceived as the creation of a "software mediated economy" which would be the mere reflection of the world before. However, with Bitcoin and the decentralization it allows, we have a new protocol.

The user, the client and the citizen are no longer on the periphery of networks conceived as castles, but at the center of a horizontal and distributed architecture where everyone can play their role without drawbridges or barriers. The company open to such a network can only develop through excellence.

Free software and a decentralized architecture are the guarantors of healthy competition where technological barriers are being erased. The new services enabled by the Bitcoin network and its blockchain will benefit from its programmable and universal currency properties: self-executing insurance contracts, micropayments between connected objects, certification of documents accessible to all, etc.

They will not replace existing services, but will open up markets that are now constrained by the constraints of centralized networks. Simply blockchain to optimize private infrastructure will not be enough to be a sustainable player in the new decentralized digital economy that is emerging at the dawn of the 21st century. "