Name: Blockchain Will Change the Way You Shop
Uploaded: 2018-05-11
Duration: 1 min 21 s
Description: Here’s what blockchain will look like in the future.

[ MUSIC ] What other ways do you see for it to change our daily lives? How is this going to look in the future? So some really, here and now examples are last week we announced a A block chain for jewelry. And so Richline, Helzberg. Richline is a manufacturer. Helzberg is a retailer. And for the first time you can put diamond rings end to end on a block chain. So not just the diamond or the metal but you can figure out does the diamond conform with the Kimbley Act. Are there any conflict metals involved? And you can buy a diamond ring that you know has been mined and produced in a sustainable, ethical way. And that's really significant because 73 % of millenials will pay more for something that is sustainably and ethically sourced. So that's one way we'll change your life. With Marsh McLennan, also a week ago we announced a Blockchain where corporates and small businesses and individuals can put all their insurance documentation in the Blockchain. So instead of scrabbling around if you're a small contractor every time to repeat your documents to prove that you have insurance, and you can legitimately work, it's on a block chain, anyone can tap into. [ MUSIC ]

Blockchain Will Change the Way You Shop 

Finance

It's already being used to show source of diamonds. 

Blockchain Can Track Product Origins

Here’s what blockchain will look like in the future.