The technology that underpins blockchain has the potential to revolutionise the way we share and process information. That’s the view of Paul Bentley, Director Private Banking and Head of Entrepreneurs at Kleinwort Hambros, the wealth management arm of Societe Generale Private Banking in the UK, Channel Islands and Gibraltar.
Speaking in the aftermath of an Entrepreneurs Forum event hosted by Kleinwort Hambros, he said: “Where previously large trusted institutions (and the costs that accompanies them) controlled the flow and change of data now it is the data users themselves that hold the key. Once the technology matures entrepreneurs will find fewer barriers to bringing their visions into reality and the global economy will benefit as a result.”
Bentley joined Kleinwort Hambros over 10 years ago from Mercer, a consulting firm, where he provided wealth management advice to senior executives at the UK’s largest companies. Other speakers at the Entrepreneurs Forum event included Adi Ben-Ari, CEO and Founder of Applied Blockchain, and Steve Pomfrett, CEO and Founder of Cygnetise.