Blockchain in financial services

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

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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The future is crowdfunded

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 […]

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Episode 8: How blockchain changes the world of financial services

  Listen to this IBM Blockchain Pulse Podcast episode and others on iTunes, Spotify, TuneIn and Stitcher.   Blockchain and the importance of a toolset Karl Muth is a teacher, strategist, speaker and investor. He has spent his career advising, investing in, and starting new companies and wears many hats on both the professional and […]

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How blockchain is driving innovation in financial services

The past three years have seen an astonishing number of blockchain pilots introduced to explore the emerging technology’s potential impact in the banking industry. Of course, even during the most manic days of blockchain hype, it was always clear that only the most thoughtful projects would eventually make their way into production and demonstrate real […]

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Blockchain’s potential to revolutionize crowdfunding

As blockchain continues to be implemented by numerous organizations, both in the financial services space and across other industry verticals, most of the focus has remained on the large projects launched by multinational corporations. That makes sense when viewed through the amounts of financial and human capital that have been invested into these projects, but […]

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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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