What Corporate Boards Should Know About Blockchain

Barbara Berlin, a director with PwC’s Governance Insights Center, and Grainne McNamara, a principal with PwC’s Digital Team talk blockchain trends.

Technologies like blockchain or cryptocurrency are not just trends—they’re here to stay. More companies are finding valuable applications for these emerging digital technologies, which means that many of today’s corporate boards have some catching up to do.

In this episode, Barbara Berlin, a director with PwC’s Governance Insights Center, and Grainne McNamara, a principal with PwC’s Digital Team, join host TK Kerstetter to start from the beginning:

  • What is blockchain?
  • How are today’s companies using blockchain to add value? What are the future applications?
  • What questions should boards be asking management (and themselves) about this emerging technology?

Berlin and McNamara provide a thorough explanation of blockchain and outline the most common business use cases today (e.g., currency, identification, supply chain tracking).

Join us June 10-11, 2019 in Cambridge, MA to talk about blockchain at the Disruptive Tech Summit. Harvard Business School Professor and the foremost authority on disruptive tech innovation Clay Christensen will be keynoting. Register here!


“Always starting with the [company] strategy–and whether any business use case fits within the current strategy–is where [the board should] start the conversation,” said Berlin. “…How do we disrupt ourselves?

As with any new technology, McNamara also emphasizes the delicate balancing act between innovation and risk:

If [the company is] going to open up [its] internal system of control and connect into these networks, there is a risk associated with that. And that risk comes in the form of cyber risk, third-party risk, vendor risk, etc. Again, it’s really important to think through [these risks] with management: ‘Although [we] want to be open and collaborate and innovative…[we] do need to protect the enterprise and [we] do need to think about how these risks get managed.

— Grainne McNamara, Principal, PwC’s Digital Team
The original episode can be viewed here.

Become a CBM Network member and save at least 40% on your meeting registration!

Elevate your leadership game and drive meaningful change with CBM Network. As a member, you’ll have the tools you need to ask great questions on rapidly changing topics, make informed decisions, raise your profile, connect with new board opportunities and drive the success of your organization.

Save 40% on Boardroom Summit registration with a network-level membership or attend free at the council level. You’ll also receive discounts or free access to other top-notch events, training courses and credentialing programs – so you stay ahead of the curve.

More than that, you’ll join a dynamic community of board members and have expert advice, peer networking opportunities and educational tools at your fingertips. Don’t miss out on these incredible savings and opportunities – join the CBM Network today during your registration.