banking

The Blockchain Game: A great new tool for your classroom

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 […]

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Exploring possibilities to disrupt financial services through blockchain

There are over 85,000 financial cooperatives, or credit unions, worldwide. Unlike a bank, these cooperatives are non-profit financial institutions and exist to serve their members. Since these institutions are not-for-profit, their collaborative nature often causes them to work together to achieve the common goal of providing the best service to members, leading to the development […]

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Why are smart contracts important?

Why are smart contracts important? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by IBM Blockchain, providing blockchain solutions, services and expertise, on Quora: Udit Sharma, Business Account Executive, US Public Sector: Why are smart contracts important? “A smart contract […]

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From insight to action: Lessons from blockchain first movers

When you go for a swim, do you dive right in or do you test the waters, standing by and letting others jump first? With blockchain, we have witnessed a similar pattern: certain industries and organizations have rapidly embraced the technology, while others have waited on the sideline to watch the results play out before […]

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Blockchain for KYC: Game-changing RegTech innovation

One of the best things about working at IBM — and in the RegTech field in particular — is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. Consider, for example, the blockchain space. While blockchain’s decentralized, distributed-ledger technology is most popularly known as the basis for cryptocurrencies […]

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Three uses for blockchain in banking

The banking and financial services industries have a complex relationship with blockchain, the distributed ledger technology that was popularized by cryptocurrencies such as Bitcoin. On the one hand, blockchain presents numerous opportunities to transform how people exchange value. The technology provides participants in a business network with a shared, immutable history of transactions — records […]

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On the horizon: New blockchain solution for cross-border payments

Businesses and consumers just want to be able to move their money around the world as effortlessly as they send email. What’s stopping them? One reason may be that international payments infrastructures can be inefficient and expensive: transactions in different currencies can require multiple intermediaries and take days or weeks to complete. Improving operational efficiency […]

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Meet Alex Tapscott: Learn about the Blockchain Revolution

The blockchain revolution has the potential to transform our lives. By enabling organizations and institutions to transact with less friction and more trust, blockchain technologies will usher in the next era of the Internet. It is being said that blockchain will do for transactions what the internet did for information. Right now, blockchain is helping reshape […]

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