| | 9CIOReviewDECEMBER 2021Thanks to blockchain technology, the data must be put in the ledger and protected in crypted mode. Those data are only accessible by the owner, but you can execute a smart contract on it and provide real time information to the network. The third and most interesting step, but we need the two first ones to reach it, is to create a collective intelligence. Today, we have very complex technologies. For connected or autonomous cars, we deal with more than two hundred connected software.The ecosystem collective intelligence will allow each member to be more reactive and to take the additional steps on prevention, prediction, and prescription.This is a key asset of Blockchain technology because it is done in a very secure mode, certifying data owning.Let's sum-up the value brought by Blockchain:First, you get performance, increasing efficiency within an ecosystem with automatic and real time access to data and automatic checking and alerting of data. The interesting added value is to create digital continuity with the smaller actors of the chain that may not have an information system on their own and may access to a powerful blockchain system at low cost.Then you get reactivity: in the implementation of Blockchain as it is not very intrusive in the information system of each company and in usage because it facilitates real time exchanges. And reactivity also allows you to increase customer satisfaction.You have certification, authentication, and anti-fraud by design. The important thing is the certification of data owning.Finally, it opens new opportunities with new data generation, new business opportunities and business model transformation.But at the center of value, you find trust within the ecosystem and outside of it. You change from a customer­supplier relationship to a partner relationship and this is very powerful in changing the world.In difficult times, collaboration is the only way to continue progress and innovation.Blockchain projects are collaborative projects including shared expenses and shared risks.But more than a technology, we need to change our mindset. Working in a collaborative mode is not that easy, particularly with big, old companies having their own strong culture. This is key for getting ecosystem agility. Our first experiences give us great confidence we will succeed in this tricky task.
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