The Power of Blockchain Explained

dotlab radio   By dotLAB Radio

In this episode of dotLAB radio, Lory Kehoe, Managing Director of ConsenSys, explains what blockchain technology is and how it can be used to help businesses in different industries to stay relevant, develop new products, and create better customer experiences.

We discuss how businesses can digitise processes using blockchain technology, how blockchain can be a positive thing for the music industry, and the most famous application of blockchain technology: cryptocurrencies. Lory breaks the myth about blockchain technology being easily hacked and explains what makes blockchain technology incredibly secure.

We cover areas including:

  • What blockchain technology is
  • What makes blockchain technology secure
  • How blockchain is changing finance as we know it
  • What blockchain means for the music industry and how it can help artists
  • How managers or leaders should position themselves to leverage blockchain technology now and in the future
  • What blockchain is not suitable for
  • What qualities you need to succeed in the blockchain industry

Lory Kehoe is a managing director with ConsenSys, leads ConsenSys Ireland, leads ConsenSys’ global partnerships work and is a member of the global leadership team. Prior to ConsenSys, Lory was a Partner with Deloitte China and a Director with Deloitte Ireland where he founded, set up and ran Deloitte’s Europe Middle East and Africa blockchain Lab. Prior to Deloitte, Lory worked as a management consultant with Accenture. He has over 13 years of consulting experience. Lory has led blockchain strategy and implementation projects for corporates and governments around the globe. ConsenSys is a global technology company which focuses on building new products, platforms and services, by partnering with corporates and governments around the world. ConsenSys’ Dublin studio is Ireland’s largest blockchain team and Ireland’s largest blockchain company. With the IDA in Ireland (Industrial Development Authority), Lory was the founding member of the Ireland national blockchain initiative ‘Blockchain Ireland’. This group includes over 150 entities made up of global enterprises, universities, government entities and start-ups. Lory is a Qualified Financial Adviser, registered stockbroker and is currently (and has been for the past 12+ years) an adjunct assistant professor with the Business School in Trinity College Dublin.