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By Stephen Marshall, Financial Services Technology lead, Deloitte

Trust is a foundational element of business. Yet maintaining it - particularly throughout a global economy that is becoming increasingly digital - is expensive, time-consuming, and, in many cases, inefficient. Some organisations are exploring how blockchain, the backbone behind bitcoin, might provide a viable alternative to the current procedural, organisational, and technological infrastructure required to create institutionalised trust. Though these exploratory efforts are still nascent, the payoff could be profound. Like the Internet reinvented communication, blockchain may similarly disrupt transactions, contracts, and trust - the underpinnings of business, government, and society.

 

    

Stephen Marshall

Stephen Marshall - Partner, Retail Banking

Stephen leads the Deloitte Financial Services Technology team. He has over 20 years experience in advisory and delivery programmes, and has worked on a broad spectrum of challenges with his many clients - from IT sourcing and cost reduction, organisation design and IT strategy, through to the delivery of large, complex business transformation programmes.

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