payments

Passport to innovation: Paving the way to mainstream blockchain adoption

Global payments giants, Visa, is actively ramping up its pursuit of embracing blockchain technology, but will this added brand power form a catalyst for more mainstream adoption? Blockchain is the driving force behind the development of cryptocurrencies. Without a distributed digital ledger, digital coins would be incapable of being the decentralized entities that they are […]

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Streamlining financial netting with blockchain

A process that is ripe for digitization and automation is financial netting, a way of consolidating or reconciling multiple payments between two or more parties to create a single amount due to each participant. It simplifies doing business and reduces risk. Banks do it. Securities, currency and other markets do it. Service providers, central exchanges […]

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Blockchain Newsletter for November: The state of blockchain standards and policies

Expanding choice for clients on blockchain technology is the key takeaway from IBM’s recent announcement of a beta program to bring R3’s enterprise blockchain platform, Corda Enterprise, to IBM LinuxONE mainframes both on premises and to IBM Cloud. In parallel, IBM Services will establish an R3 center of excellence leveraging IBM Blockchain Services design thinking […]

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Nordea drives prosperity with a blockchain trading solution

At Nordea Bank, digital innovation means becoming more relevant to our customers. We’ve made good progress in this as a founding partner of the we.trade trade finance consortium. Powered by blockchain technology, we.trade connects buyers and sellers in a trusted, efficient digital ecosystem that streamlines trade across Europe’s borders. Transaction volume has grown quickly since […]

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When are stable coins useful?

Global payments revenue grew by 11 percent from 2016 to 2017, according to the McKinsey Global Payments Report, and is projected to grow a further 9 percent per year until 2022. Counter-intuitively, this can be partly attributed to the declining cost of payments, McKinsey says. As cheaper electronic payments continue to replace cash and cheque, […]

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Looking at how the next ten years of blockchain can change lives

In 1973, the U.S. Department of Defense sought a solution to locate its military units, operations, and targets anywhere on the planet. By the beginning of the 1980s, 24 satellites in orbit became what today we know as GPS. Today we use the Global Positioning System everywhere! Cars, phones and multiple devices use a solution […]

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Cook up your blockchain solution with IBM Design Thinking

Whether you are a startup or a large enterprise, IBM Blockchain Garage Services can help you navigate your blockchain journey, find the very best blockchain use cases, build a minimal viable product (MVP) with the speed of a startup, then deploy and scale in production like an enterprise. We use the proven IBM Garage Method, […]

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Global trade: The role of blockchain-enabled trade finance networks

We are in the fourth industrial revolution, according to the World Economic Forum, with the world’s economy changing shape rapidly since the internet came of age. From influencing consumer preference to meeting consumer demand in a timely manner — meaning, from notification of need to gratification of need — is now at the fore of […]

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Rethink financial services with IBM Blockchain at Distributed: Trade

Do you ever get frustrated by how long it takes for an international payment to clear? Or how difficult it is to obtain insurance for your business and products? You might be interested to know that companies around the world are working to improve these processes through technology called blockchain. And on July 24, I’ll […]

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