Overview

Let’s make trust the financial world’s universal currency

What if we could revolutionize the financial world? Where old processes and paperwork are replaced by newfound cooperation, innovation and speed. Where fraud and crime could one day be put to rest by collective trust in a highly secure, shared view of the truth.

It’s already happening. Leading financial institutions are trailblazing the way forward with IBM Blockchain, working together to remove longstanding friction, create new solutions and deliver tangible business outcomes. Now it’s your turn to join them. What will we solve together?

Benefits

Operational simplification

Blockchain enables real-time, multi-party tracking and management of bank guarantees and letter of credits.

Automated compliance

Depend on faster and more accurate reporting with an automated compliance process that draws on immutable data records.

Faster settlement

Benefit from the near real-time, point-to-point transfer of funds between financial institutions, removing friction and accelerating settlement.

91%
of banks are investing in blockchain solutions by 2018

66%
of institutions expect to be in production and running at scale with blockchain

73%
of central bank survey respondents would require retail CBDCs to be available under all circumstances and for all types of payments.¹

What’s blockchain’s potential ROI in financial services?

Discover the positive impact Forrester says IBM Blockchain can have on your business. This report includes:

  • Blockchain technology and market overview
  • Financial model framework
  • Projecting new revenue and savings
  • Expanded economic impact and analysis of costs
  • Sample organization calculation and financial summary
forrester report book cover for "Emerging Technology Projection: Total Economic Impact™ Of IBM Blockchain"

Blockchain for financial services solutions

Transforming trade finance and trade with we.trade

By joining we.trade, the trade finance network convened by IBM Blockchain, businesses are creating an ecosystem of trust for global trade. Its standardized rules and simplified trading options decrease risk and increase opportunity for banks and SMEs.

ANZ Bank is helping reduce the potential for fraud

A consortium including ANZ Bank is working together to transform financial guarantees. All participants now have a single source of information that increases efficiency and reduces the potential for fraud using paperwork.

Twiga Foods boosts food kiosk sales in Kenya

Twiga Foods uses IBM Blockchain to make loans to local food vendors. With smart contracts, the loans are processed quickly and more securely, helping businesses thrive and deliver more fresh produce.

Streamlining financial netting with blockchain

A replicable solution built on the IBM Blockchain Platform is automating and speeding the process of financial netting. Clients are increasing security through encryption and enhancing transparency and trust with permissioned access to transaction data.

Automating the letter of guarantee process

Banks issue letters of guarantee to vouch for the specific assets of their users during negotiated purchases. It used to be a time-consuming process, but IBM Blockchain solutions cuts it down significantly, while adding more security through better encryption.

Blockchain consulting and services

Case studies

Plastic Bank: Enabling plastic recycling and financial inclusion

To help stop ocean plastic waste and alleviate poverty, the Plastic Bank is turning plastic into currency — before the plastic is thrown away.

Improving cryptocurrency security with blockchain and LinuxONE

INBLOCK issues Metacoin cryptocurrency, which is based on Hyperledger fabric, to help overcome cryptocurrency technical deficiencies – making digital asset transactions faster, more convenient and safer.

First mover advantage in clearing and settlement

IBM Blockchain is enabling real-time, point-to-point funds transfer between financial institutions, stripping out frictions and redundancies that impede efficiencies, and radically accelerating settlements.

Resources

Advancing global trade with blockchain

See the significant value of blockchain networks across industries and geographies as they facilitate collaborative exchanges among members.

Retail considerations for central bank digital currencies

Learn what steps central banks in more than 20 countries are taking for CBDC retail adoption, including development, implementation, privacy, and security.

Wholesale considerations for central bank digital currencies

Learn how banks are examining the viability of digital fiat currencies to complement physical cash in this detailed report.

Blogs: Blockchain for financial services

Blockchain is disrupting the financial services sector worldwide, across industries, financial institutions and organizations.

Banking technology solutions

See solutions that are agile, trusted, and transformative. Explore the future of banking technology on the hybrid cloud with IBM.

Use case examples

Discover how various organizations are using blockchain to get things done, plus organized blockchain use cases divided by industry.

Blockchain for industries

Industry leaders are using specialized applications of IBM Blockchain to remove friction, build trust and unlock new value, across industries and around the globe. Select your segment to see how to overcome the challenges you face today.

Next steps