Louis Roy, Assurance Partner and Blockchain Technology Leader, was interviewed by La Presse on May 17, 2018 about the implementation of blockchain by businesses.
Blockchain is a decentralized transaction record. Encrypted information is recorded in several locations simultaneously, making it impossible to falsify the data.
Louis Roy explained: “It offers highly secure, immutable data storage, that is anchored in time.” Mr. Roy and his colleagues at Catallaxy, a subsidiary of Raymond Chabot Grant Thornton, inaugurated BlockHouse, an international hub of excellence and expertise in applied cryptography, blockchain and distributed technologies, located in Montréal.
He believes that blockchain has the potential to transform many industries, including accounting, insurance, real estate and copyright management.
24 May 2018 | Written by :