Blockchain in financial services

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

Developments in blockchain: Shaping the future of insurance

The openIDL is an open blockchain network that streamlines burdensome and expensive regulatory reporting, providing new insights for insurance carriers while increasing the timeliness, accuracy, and value of data reports for regulators. In order to provide insight into the health of the insurance market, U.S. state insurance regulators enacted laws more than 70 years ago […]

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Can blockchain help tackle the insurance industry’s data challenges?

The challenge of data authenticity and data controls in the insurance industry continues to grow at a time when regulators are increasing data security requirements. Regulators do not consistently request data from insurance carriers across all states and may be looking at incorrect, incomplete or outdated data. Carriers only share minimal information because they do […]

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How to outsmart crypto thieves with blockchain-based security

Over the past several years, digital intruders have stolen millions of dollars’ worth of cryptocurrency. Some crypto exchanges have been hit multiple times; some even went bankrupt. Last year’s series of record-setting hacks seems to indicate that crypto exchanges have a long way to go when it comes to protecting their clients’ digital assets. IBM […]

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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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The problem with proxy voting — and how blockchain can help

Corporate governance controls how publicly held companies behave. It guides how decisions get made, from setting broad objectives to the smallest internal controls, and helps protect the interests of all the company’s stakeholders, such as shareholders, management and members of the community. All this may sound abstract, but there’s a very real physical forum where […]

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Crypto Castle: Once a Bitcoin heaven, now lies in ruins!

Money has turned many faces ever since its inception. From gold to paper to plastic even. One thing is for sure, though. It’s never about the material per se. No, the real essence of money lies in its insubstantial value — one that’s recently taken a liking to a virtual form of currency. Virtual, because […]

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Has blockchain tourism reached its next destination?

“I think much like the Internet was able to organize separate databases into an interlocking, networked marketplace, we see the potential to link separate blockchains together into a greater ecosystem that will lead to new business models,” said Marie Wieck, General Manager of Blockchain at IBM. “It will allow people that aren’t currently able to […]

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Blockchain can help increase access to credit for SMEs

Access to credit fuels economies everywhere. And small and medium enterprises (SMEs) are often the primary generators of new jobs and economic growth, particularly in the developing world. Unfortunately, the global demand for SME credit stands at $2.38 trillion with three quarters of the SMEs being financially constrained. Countries with the appropriate legal and institutional […]

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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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