Vault Platform has developed an app that uses blockchain technology to allow employees to document and report workplace sexual harassment on their smartphones.
“Interesting,” you say,” but what’s blockchain technology?”
Great question. I asked my partner, David Croft, who chairs Meyers Roman’s Blockchain & Cryptocurrency practice group. His answer: “Blockchains are decentralized databases, maintained by a distributed network of computers that rely on network effects and economic incentives to secure the network.”