Home / IT / Telecom / Tech/ PwC’s Academy’s 2-day program to help senior managers utilise blockchain as a business strategy

PwC’s Academy’s 2-day program to help senior managers utilise blockchain as a business strategy


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 21 August 2019 00:00


 


As businesses evolve and amidst an increasing presence of blockchain technology in organisations overseas, there is a crucial need for Sri Lankan businesses to also embrace and adopt important technologies such as blockchain, which has the power to help businesses perform better. 

PwC’s Global Blockchain Survey conducted in 2018 showed that of 600 executives from 15 territories, 84% said that their organisations have at least some involvement with blockchain technology, while 45% believed that trust related issues with the technology could delay adoption. The financial industry is believed to be the leader in blockchain adoption followed by industrial products and manufacturing, as well as energy and utilities, healthcare, government, retail and consumer and entertainment and media. To help senior managers from the private and public sectors, including CEOs, CIOs, CFOs as well as CTOs and team leaders understand how to utilise blockchain as an important strategic tool in strengthening a company and its performance, PwC’s Academy of PricewaterhouseCoopers (PwC) Sri Lanka has organised a two-day program on 29-30 August titled ‘Blockchain as a Business Strategy’. 

The program aims to help non-technical business leaders including c-suite understand blockchain, how it works, and how it can be successfully adopted within the respective organisations as well as industries. The program will be conducted by Gary Nuttall, a well-respected international technology consultant who has been providing training, education and advisory services on blockchain, artificial intelligence and advanced analytics to organisations and individuals across the globe. He is also an advisor to several blockchain platform start-ups and runs a number of blockchain and crypto currency community groups in the UK.

During the two day PwC’s Academy program, participants will be provided with details of real-life examples of how different organisations have already successfully implemented the technology and use cases on supply chain, financial services, etc. The resource person will also help allay misgivings the participants may have over blockchain. They will also receive insights on the various challenges companies and industries are facing due to the technological revolution, and how utilising blockchain strategically can help businesses sustain on a long term. 

On completion of the program, the participants will gain a thorough understanding what blockchain is and the different types of the technologies available and how it functions and its key components. They will also learn what a distributed ledger is and the difference between a public and private ledger. The participants will have the ability to identify prospective opportunities in their organisation and will be confident in establishing how blockchain will fit within their organisation strategy. 

As a distributed, tamperproof ledger, a well-designed blockchain not only cut out intermediaries, reduce costs, and increase speed and reach, but it also offers greater transparency and traceability for many business processes. There are five more seats remaining for the program which will take place 29-30 August at Hilton Colombo. For registrations contact sheran.dunlas@pwc.com or 0773656655.


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Diplomatic drone strike, Indo-Lanka equation and constitutional change

Thursday, 20 February 2020

The ‘diplomatic drone strike’, the dramatic US strictures against the Army Commander, Lt. Gen. Shavendra Silva, tells us that Big Brother IS watching. This isn’t the usual suspects, its way out of their league. This is the Big League, the big b


Solar and wind power can resolve electricity crisis, early and cheaper, if allowed

Thursday, 20 February 2020

The country is facing the worst power situation in the history, with electricity generation being unable to meet the demand, with generation costs among the most expensive in the world. With the current scenario, the country cannot be expected to com


Sri Lanka: A great ocean polluter with plastics? No, we are not!

Thursday, 20 February 2020

I was going through the corridors of an impressive State training facility in the heart of Colombo and witnessed the message on each floor as you await the lift that Sri Lanka is the fifth largest marine polluter with respect to single use plastics!


Future of higher education and challenges for public universities in Sri Lanka

Thursday, 20 February 2020

We are constantly told that the workplace or private spaces of the future will be radically changed due to rapid technological changes, but the only certainty about this future is its uncertainty. How do we face such an uncertain future? The consensu


Columnists More