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 […]
Blockchain is emerging as a potentially disruptive force capable of transforming the insurance industry by making transactions faster, cheaper, more secure and transparent. In every meeting I’ve had with global insurance chief experience officers (CXOs) in the last couple of months, I was asked about blockchain. I’ve found that most insurance CXOs are keen to […]
This year, one of the hottest topics as South by Southwest (SXSW) in Austin was blockchain. Analysts and IT leaders named it one of the top disruptive technologies at SXSW. The event brought together a diverse group of attendees: a digital agency researcher, a retired math teacher, a retail technology expert, and the list goes on. I had the pleasure of meeting these tech enthusiasts when they dropped by the IBM Blockchain stand in the IBM is Making experience to learn more about the distributed ledger technology behind Bitcoin.