ibm institute for business value
Central bank digital currency explained
Cross-border payments play an important role in the global economy. According to the World Bank, in 2017, global remittances grew 7 percent to USD 617 billion. Based on the same report, sending just 200 dollars was 7.1 percent of the price, double the sustainable development goal target of 3 percent. Even in developed nations, it’s […]
5 principles of blockchain: The foundation for a network of networks
This week, the largest gathering of women technologists in the world will convene for the 19th Annual Grace Hopper conference in Orlando. A mathematician and pioneering computer scientist who spent most of her decades-long career shipping code for the United States Navy, Hopper was instrumental in advancing the idea the programming languages could one day […]
Blockchain is the next step in democratizing education
Since the time of cave paintings and scrolls, the transformation of educating and learning is one of the greatest measures of societal evolution. Still, the education sector is significantly under-digitized in comparison to other industries, with less than 3 percent of the sector’s global expenditures being contributed to technology. Massive open online courses (MOOCs) and […]
Is standardization the missing link in automotive blockchain?
Blockchain is driving disruption in the automotive industry. Sixty-two percent of executives say that the secure distributed ledger technology will be a disruptive force in the automotive industry within three years, according to an IBM Institute for Business Value study. The missing link? Standardization — getting original equipment manufacturers (OEMs) and suppliers on the same […]
Blockchain jobs at IBM, and how to get one
As a blockchain recruiting consultant at IBM, I’m often quizzed on the subject. What’s Blockchain? What is it good for? What is the potential of blockchain? These talks invariably lead to discussions around the demand, technology, skills, experience necessary, and ultimately, “how do I get a job in blockchain?” Let’s cover the first two questions […]
Trust: The fastest blockchain accelerator
What does riding an Uber and blockchain networks have in common? One word — trust. For business models founded on peer-to-peer exchange like AirBnB and Uber, the idea of relying on strangers in such an intimate way — allowing people you have never met into your home, jumping into a stranger’s car and letting them […]
The clawback case for blockchain in media and entertainment
The global media and entertainment (M&E) industry, including “new media” FANG titans, is now approaching $2 trillion, according to the U.S. Department of Commerce. However, a lot of the value is locked up in inefficient processes that are ripe for re-design using blockchain applications. Blockchain in media and entertainment is giving companies the chance to […]
From insight to action: How are first movers innovating with blockchain?
We discussed many insights garnered from blockchain first movers as they have progressed towards commercialization in our previous blog, From insight to action: What have we learned from blockchain first movers, including why they are investing in blockchain and what are the barriers they have had to overcome. We shared that, surprisingly, many organizations are […]
Shopping for blockchain: Modernizing consumer retail
At the retail industry’s signature annual event, the National Retail Federation (NRF) Big Show in New York City, IBM went big by showcasing a demo featuring an end-to-end use case employing blockchain in supply chain. We were joined by hundreds of clients and vendors that were excited to learn more about the technology. Many people […]