What is a focus of accenture’s point of view on blockchain in the marketplace?

Question: What is a focus of accenture’s point of view on blockchain in the marketplace?

Accenture’s point of view on blockchain in the marketplace is that it presents an exciting opportunity to create transformational change in several sectors through digitalized and decentralized trustless systems. This could have an impact on not just businesses, but also the lives of everyday consumers and citizens. Accenture believes that through the use of blockchain, new applications can be created to spur innovation, increase efficiency across industries, enhance transparency and data availability, improve supply chain management and traceability, and streamline payments. Furthermore, Accenture sees blockchain as a means to increase security, reducing cyber risks and protecting confidential data from malicious activities.

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