Blockchain Identity

Securing identity on blockchain makes it easier to comply with KYC requirements and allows for the seamless exchange of documents between banks and external agencies.

Three areas in the insurance industry to use blockchain

You buy insurance — auto, health, life — because you want to be sure you and your family will be OK if anything unexpected happens. But as time drags on while you wait for a claim to be processed, you start to wonder if the benefits are worth the hassle and higher premiums. These negative […]

Continue reading

Blockchain is tackling the challenge of data sharing in government

Governments have traditionally taken advantage of business partners — including suppliers, local social services agencies and community-based organizations — for their expertise, and to extend the reach of government services. In practice, each agency has multiple ecosystems (similar to business networks) to deliver services and many of these networks are very complex. Identifying the challenge […]

Continue reading

Losing your driver’s license on the blockchain identity highway

Digital disruption has changed the way we think about our identity. From Amazon’s “tell it once” payment service through to Facebook’s federated single sign solution, more and more of us are embracing the notion of self-authenticating against a trusted online source of our choosing. Why? For the simple reason that doing so makes our lives easier. […]

Continue reading

Why blockchain and IoT are best friends

The rapid advance of blockchain technology and the Internet of Things (IoT) are felt throughout our daily lives. A Gartner study estimates blockchain will add $3.1 trillion in business value by 2030, and in another analysis the global IoT market is expected to grow from $157B in 2016 to $457B by 2020. We are about […]

Continue reading

Blockchain security: What keeps your transaction data safe?

Proponents of the distributed ledger technology known as blockchain consider it to be one of the best ways to secure transactions. I don’t know about you, but hearing that anything is the “best” immediately makes me skeptical. How exactly does blockchain provide more security than traditional transaction processes? Let’s take a look.   Security by […]

Continue reading

Blockchain in healthcare: Patient benefits and more

Blockchain technology is a game-changer with the potential to impact not one or two industries, but the complete landscape of how business is done. When 200 healthcare executives were surveyed, 16 percent expect to have a commercial blockchain solution at scale sometime this year. The key players for blockchain adoption will be regulators, industry groups […]

Continue reading

Three features of blockchain that help prevent fraud

The typical organization loses five percent of revenues to fraud each year, according to a study by the Association of Certified Fraud Examiners. Unfortunately, fraud in a business can go undetected for a long time and is often hard to uncover. The following three features of blockchain can help make business networks less susceptible to […]

Continue reading

Blockchain for fraud prevention: Industry use cases

Fraud — and the lack of transparency that enables it — is a growing problem for businesses around the world. In a list published on Risk.net, fraud ranked as one of the top 10 operational risks of 2017. But a cutting-edge technology called blockchain could provide the fraud prevention capabilities these businesses are looking for. […]

Continue reading

Thought leaders reimagine their industries at blockchain summit

What will happen when you bring together a bunch of early blockchain adopters, influencers and visionaries looking to disrupt their industries? A whole lot of innovation — at least that’s what I hope! Today, at the IBM Blockchain Summit in Atlanta, senior executives will be taking advantage of an exclusive opportunity to connect with blockchain […]

Continue reading