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First Mover advantage: Innovation through blockchain
In my previous post, Blockchain Rx: A cure for healthcare and life sciences? I explained some of the benefits of implementing blockchain and narrowed down which blockchain use cases in these industries are the most viable, and dove into a key blockchain use case in the life sciences industry. In this post, I will explore […]
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 […]
Blockchain Rx: A cure for healthcare and life sciences?
When people hear about blockchain, their minds might typically jump first to use cases in banking or financial markets. Although these industries were the trailblazers in adopting blockchain, they are no longer alone: as someone who works closely with organizations in the healthcare and life sciences space, I am seeing major industry players move beyond […]
Blockchain from abstract to practical: Bringing it all together
In the last post, I covered abstract concepts, such as the value of data in relation to blockchain, and the necessity of strong networks. Now, I want to move from the abstract towards the concrete, and discuss how blockchain is maturing, what this means for our business networks, and the questions we must ask as […]
Blockchain from abstract to practical: Data is the basis for all
To bring blockchain concepts to life, we must look at the new technology through a conceptual lens to explore the promising disruptive qualities that are present at its very core. My team and I not only seek to build the next generation of technology, but we also take time to think about how to maximize […]
Leveraging blockchain from transactions to returns
The holiday season may feel ages ago, but retailers can’t let their guards down yet. From returns and exchanges, to everyday measures like ensuring the quality of the products they sell, competitive pricing and managing supply and demand, retailers are shining a spotlight this coming year on their supply chains. Retail stores know merchandise returns […]
Trick or treat? Use blockchain to purge your business of horrors
It’s Halloween and you’re encountering more tricks than treats for your business this year. One of your suppliers just tried to sell you counterfeit materials, and now you can’t meet demand for your product. Either an employee is terrible at their job or someone is committing fraud because there are numerous errors in your transaction […]
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 […]
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 […]