financial sector

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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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 […]

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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. […]

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