WrittenPublished by: AACSB Blog
MBA News Digest Comment: None.
Extracted Content: Given the transformational role of blockchain technology in business, schools need to create solid curriculum to prepare key contributors in the workforce.
Blockchain technology is poised to impact businesses—and society—by transforming value exchange, or “asset transfer,” between participants in business transactions through low-cost, immutable, truthful, and transparent systems without the need to rely on a trusted third party. The sea change will be just like the internet, which transformed the exchange and sharing of information and trade on a global scale. Given the promise and impact of this emerging technology on business in the coming decades, business schools must take a decisive lead in blockchain research, teaching, and outreach.