know your customer

Exploring possibilities to disrupt financial services through blockchain

There are over 85,000 financial cooperatives, or credit unions, worldwide. Unlike a bank, these cooperatives are non-profit financial institutions and exist to serve their members. Since these institutions are not-for-profit, their collaborative nature often causes them to work together to achieve the common goal of providing the best service to members, leading to the development […]

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IBM Blockchain Trusted Identity: Sovrin Steward closed beta offering

Individuals, organizations, and things are not in control of their identity in the digital world. Everything is rooted in usernames and passwords, controlled by identity providers and third parties, creating a much-needed missing layer for identity on the Internet. At IBM, we have been doing a lot in the decentralized identity space. We’ve done some […]

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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 […]

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