insurance

Bringing the benefits of blockchain to the enterprise database

Many businesses want to enjoy the benefits of blockchain regarding the visibility and provenance of the data. However, they don’t necessarily want or need the complexity that comes with its decentralization feature. Our research focuses on simplifying the usability and reducing the management overhead for use cases where a trusted cloud provider operates the solution. […]

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Blockchain for managing judicial bonds and deposits

Complex business processes that involve hundreds of external partners, thousands of discrete events to be recorded and tracked, and millions in funds are excellent candidates for digital transformation using blockchain. Managing a portfolio of judicial bonds and deposits, also known as judicial guarantees, is one such process. Some countries, jurisdictions and court systems require companies […]

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Blockchain to transform insurance value chain

The insurance industry at its core is built on the legal promise to pay a compensation in case of a loss. Trust is at the core of this promise. However, the level of trust consumers have on their insurance provider is average. The IBM Institute for Business Value (IBV) surveyed 1,100 business insurance executives in 34 countries […]

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From lettuce to luxury goods, blockchain helps industries thrive

What do you think of when you hear blockchain? The term cryptocurrency leaps to mind for many people, but that definition fails to represent the breadth and depth of blockchain today. Over the past several years, practical blockchain use cases have emerged as organizations worldwide recognized blockchain as a tool to help solve real-world problems […]

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Blockchain in a nutshell: Building enterprise solutions

In the last few years, many large enterprises have been evaluating permissioned blockchain technologies by conducting limited proof of technologies (PoT) and some of them have gone on to production rollouts of minimum viable products (MVPs). These implementations have been primarily in the area banking, financial services, supply chain and credential management domains. To use […]

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Blockchain-powered autonomous automobiles can be the answer

The swift journey of blockchain from a buzzword to reality is fascinating. Blockchain is currently transforming many industries from healthcare to the food supply chain. Now auto manufacturers are envisioning how distributed ledger technology can be applied to power autonomous vehicles and improve them, increase customer retention, satisfaction, and the overall auto experience. But how […]

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The future of blockchain

In March 2010, Bitcoin had a value of less than a penny. Less than a decade later, each Bitcoin had a value of almost USD 20,000 and early investors were driving Lamborghinis. And while the excitement around Bitcoin will always be intrinsically tied to the price, its ubiquity drove blockchain, the technology that secures cryptocurrency, […]

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Anatomy of an intelligent blockchain trading solution

we.trade is a digital platform that helps buyers and sellers trade across borders in a new way. Powered by the IBM Blockchain Platform from the cloud, it ensures that traders can trust the other party and streamlines trading transactions. Why is we.trade needed? Without financial guarantees, trading with new partners creates huge counterparty risks. Would-be […]

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Confidentiality and integrity for blockchain smart contracts

Fabric Private Chaincode is an open source project created by IBM and Intel to enable a new form of smart contract, leveraging Intel® Software Guard Extensions (Intel® SGX) Trusted Execution Environment to help achieve confidentiality and integrity in The Linux Foundation’s Hyperledger Fabric blockchains. This new model of smart contract is well suited to many […]

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