Penrhyn TMT Group Examines Blockchain Technology and its Effects on the Business Environment

In response to a rapidly changing and continuously innovative business environment, the TMT Group of Penrhyn International are examining the adverse effects of blockchain – a digital database that stores, manages, and transmits a growing list of records known as blocks – on business models in a wide variety of industries.

With blockchain technology slated to create new business opportunities and reshape the landscape of interactions between customers, vendors, and employers across all sectors of the world economy, many business models are now set for re-evaluation, with the aim of creating more effective, secure, and streamlined transactions to enable transformative growth. Yanouk Poirier and Michael Zinn of Penrhyn International’s TMT practice group explain the effects and risks of blockchain technology and its implementation, as well as how it will impact business development.

View the full press release here.



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