Blockchain technology can be a game-changer for accounting, supply chain, banking, contract law, and many other fields. But it will only be useful if lots and lots of non-technical managers and leaders trust and adopt it. And right now, just understanding what blockchain is, can be difficult to understand even for the brightest in these fields. Enter The Blockchain Game, a hands-on exercise that explains blockchain’s core principals, and serves as a launching pad for discussion of blockchain’s real-world applications.
In The Blockchain Game students act as nodes and miners on a blockchain network for storing student grades at a university. Participants record the grade and course information, and then “build the block” by calculating a unique identifier (a hash) to secure the grade ledger, and miners get rewarded for their work. As the game is played, the audience learns about hashes, private keys, and what uses are appropriate for a blockchain ledger.
From time to time, we invite industry thought leaders, academic experts and partners, to share their opinions and insights on current trends in blockchain to the Blockchain Pulse blog. While the opinions in these blog posts are their own, and do not necessarily reflect the views of IBM, this blog strives to welcome all points of view to the conversation.
From bank hackers to a cashier giving you the wrong amount of change, the current financial system is wrought with both technical susceptibilities and human error. By using blockchain technology to build upon the current framework, a central bank digital currency (CBDC) could lead to improvements on the current payments system while reducing overall costs […]
You may have heard about equity crowdfunding as a way of financing a business. Most people have actually participated in crowdfunding before and don’t realize it. If you’ve ever made a donation or tithed, that is a form of crowdfunding known as donation-based crowdfunding. For those history buffs our there, they’ll inform you that the […]
To successfully plan and execute today’s complex military operations in defense of a nation’s interests requires timely, accurate, trusted and unambiguous communications up, down, and across an extended chain-of-command spanning multi-national air, ground, sea, space and cyber forces. Blockchain can facilitate and accelerate these multi-domain command and control (MDC2) operations by providing assured, cross-domain digital […]