Blockchain for trade finance

Insights and perspectives to discover how blockchain-enabled networks are revolutionizing trade finance around the world.

Can the future of fintech really be found in blockchain-based smart contracts?

Blockchain is arguably the most significant innovation since the internet with individuals, companies and even governments embracing the technology. An appealing feature of blockchain technology is smart contracts. Smart contracts are gaining widespread use and ease of creation as global processes are becoming increasingly digitised. They serve as an alternative to traditional contracts which are […]

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3 key areas of enterprise blockchain adoption in 2021

Many businesses are seeing the COVID-19 pandemic as a watershed for technology and innovation investment. Technology budgets have been reprioritised with a laser focus on near-term return on investment as a necessity for most. At the same time remote working, lockdowns and supply chain challenges have accelerated digital transformations that otherwise might have taken a […]

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Streamlining financial netting with blockchain

A process that is ripe for digitization and automation is financial netting, a way of consolidating or reconciling multiple payments between two or more parties to create a single amount due to each participant. It simplifies doing business and reduces risk. Banks do it. Securities, currency and other markets do it. Service providers, central exchanges […]

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Central bank digital currency explained

Cross-border payments play an important role in the global economy. According to the World Bank, in 2017, global remittances grew 7 percent to USD 617 billion. Based on the same report, sending just 200 dollars was 7.1 percent of the price, double the sustainable development goal target of 3 percent. Even in developed nations, it’s […]

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What is a central bank digital currency?

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 […]

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Blockchain solutions make financial services fairer, faster

My company, Stronghold, is a financial services provider of native blockchain solutions. When my co-founder and I saw the rise of blockchain platforms, we felt that most were focused heavily on the technology and too far removed from real-world use cases. Bearing this in mind, we’ve applied blockchain technology to traditional fiat currencies. Instead of […]

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Episode 2: Making cross-border payments seamless

  Listen to this IBM Blockchain Pulse Podcast episode and others on iTunes, Spotify, TuneIn and Stitcher.   How the collaboration with Stellar is bringing payments to the financial world Welcome to the second episode of IBM Blockchain Pulse — the podcast that explores different blockchain use cases with leaders in the space! In this […]

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Unbanked to big banks: How crypto facilitates financial inclusion

With the advent of Bitcoin and other cryptocurrencies, many are heralding a new age of digital native money that is meant to transcend the physical boundaries of its predecessor. But before we dive into how cryptocurrency is being used today as a new form of money, we must ask the question, “What is money?” This […]

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IBM helps launch open standards project: Token Taxonomy Initiative

The potential of tokens on blockchain is big. Really big. The world has already seen the enormous value that’s unlocked when you can digitize cars (Uber, Lyft), homes (Airbnb), freelance work (Handy), and many others. Imagine if you could digitize value? We can start to make transactions instant. We can move beyond payment versus payment […]

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