Blockchain technology cuts ladies’ bathroom lines to zero

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  It was remarkable. No line for the ladies’ room at a major event. At all. Surely unheard of since the dawn of modern conveniences… Or was it that the recent “Blockchain Summit” held in London #blockchain16 did not incite a cross-section of expert female technologists? That it was limited to a narrow field of […]

 

It was remarkable.

No line for the ladies’ room at a major event. At all.
Surely unheard of since the dawn of modern conveniences…

Or was it that the recent “Blockchain Summit” held in London #blockchain16 did not incite a cross-section of expert female technologists? That it was limited to a narrow field of interest?  No, quite the opposite.

I, along with the other blockchain devotees at the Summit chaired by Capgemini, was able to hear about an extremely compelling range of subjects, with charismatic women and men presenting their insights and comments across topics such as predicting the future of blockchain in financial services, overcoming implementation challenges, as well as the regulatory considerations, smart contracts, and wider societal impacts of blockchain technology.

It’s a very exciting technology that will affect our daily lives. From much simplified mortgage processing and cheaper car insurance, (see report : “Smart Contracts in Financial Services: Getting from Hype to Reality”)  to looking beyond the Financial Services goldfish bowl, to asserting our key personal “right to be forgotten” or “right to be seen”, blockchain technologies will deliver vast improvements to customer experience across a range of industries. Of course in some cases, we may know it is blockchain technologies enabling this. In most cases though, the enabler will be unknown and of no interest to us as the customer. Yet, it is vital that we be aware of this disruptive technology as it starts to permeate fintech, financial services, music, and even government services.

But despite the overall agreement at the Summit that this technology is here to stay and will be truly transformative, getting anyone to openly commit to a date describing when the technology would become ubiquitous was quite tricky for Summit Chair Dr. Cliff Evans .

Expert speakers suggested a range of late 2017 to 2020 and beyond as a deadline for such technological developments.

There are, of course a wide range of significant challenges to be overcome, particularly in the areas of interoperability, capability, and governance before we achieve that ubiquity.

So did blockchain eliminate that line?

Perhaps, or perhaps it was our innate process optimisation focus in the restroom that eliminated all inefficiency and led to no line, mirroring the blockchain potential that I heard about in the main conference hall. 

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