Third parties like ConsenSys, which launched its blockchain solution dubbed Codefi in 2019, enable wealth managers to digitize business processes, including assets and compliance. FundsDLT also offers DLT-powered solutions for wealth managers, including cash settlement and reconciliation, as well as record-keeping. Regtechs.
Blockchain.Blockchain technology wasn’t a dominant theme at CES 2019, but several events showcased promising applications. A panel discussion described how blockchain is remaking the media and entertainment business, as new media properties use the technology to determine who owns what and to more equitably distribute profits.
It redesigned its website, built a CMS, created artificial intelligence (AI) tools for its writers and experimented with publishing content through a blockchain platform. It seems to be paying off: The company claims that 2018 was its most profitable year in more than a decade.