Blockchain and the Need for Tech Convergence: Three Industry Case Studies - New Product Innovation & Development

Artificial intelligence, 3D printing, IOT and blockchain are just some of many emerging technologies that are disrupting financial and logistics systems around the world. Spurred on by an ever-expanding global market, enterprises everywhere are exploring new opportunities through these technologies to improve their internal systems and generate billions of dollars in value for customers and shareholders. The world is experiencing a renaissance period of technological innovation, while still only scratching the surface of its potential. This is because while AI, 3D printing, IOT and blockchain disrupt their way through traditional systems, these technologies are only just beginning to understand each other and converge to spur new hybrid solutions. Industries like aerospace, pharmaceuticals and energy are amongst the first to receive the benefits of this technological convergence, with hybrid solutions that are reinventing the way items are designed, produced, tracked and distributed.