Wisbusiness: The Podcast

WisBusiness: The Podcast with Christopher Patterson on blockchain technology

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Sinopsis

This week’s episode of “WisBusiness: The Podcast” features a chat with Christopher Patterson, CEO of Madison-based Metisoft Solutions. The discussion is about blockchain -- the technology behind cryptocurrencies, smart contracts and other industry advances. “The key characteristics of blockchain technology which makes it so valuable is its acts as a ledger to record transactions in a which that is immutable -- you can’t change them after the fact,” he said. “It’s distributed, so not just one computer or one organization has access. And it also provides a means of trust in an environment that might otherwise be trustless.” He discusses how blockchain can be used in supply chain management and other spaces; he also gives his take on where blockchain is headed. “There is a lot of talk about blockchain disrupting established financial industries, and I can see that happening -- in the far future,” he said. “Not in the next five years, because in the next five years the technology is still going to be matu