"At its highest level, blockchain is a trust layer."
In nine words, Kaleido Insights founding partner Jessica Groopman succinctly summarized the gist of CDX Academy's "Blockchain Brand Innovation Summit" on May 11 during her opening remarks.
The summit itself brought together representatives from blockchain startups and incumbent institutions to debate and discuss different use cases for the technology, noting both its advantages and its flaws.
According to various panels, the obvious use for blockchain is in data storage, whether in healthcare or in other private, consumer data. The overreach of many centralized institutions as it relates to personal data, in particular, has made headlines recently, perhaps the most notable being third-party application's collection of Facebook users' private information.
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https://www.coindesk.com/blockchain-security-takes-spotlight-nyc-blockchain-week-kicks-off/