smart contracts

Blockchain tokenization in enterprises and beyond

Blockchain tokens are the digital representation of complete or shared ownership in anything of value. Blockchain tokens are commonly leveraged in payments and settlements between participants. The tokens also enable representation of multi-party ownership of an indivisible asset, such as a work of art, and ease the exchange of such ownership between parties in a […]

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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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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 for invoice reconciliation and dispute resolution

Every industry experiences a productivity hit when discrepancies arise around financial settlements. In the supply chain, for example, processes that may even be part of an automated procure-to-pay workstream grind to a halt when an invoice and the related goods received documentation don’t match up. Even data-driven industries like telecommunications are affected, with hundreds of […]

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Building a blockchain network designed for community-based healthcare

Our journey began when COVID-19 hit the United States. We learned of bluetooth/proximity apps that were designed to automatically alert people that someone contagious had been near them and that they, in turn, needed to isolate for a period of time. The stories of these apps are extensive, and some countries, in particular India and […]

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Learning how to increase your profits with blockchain

Regardless of the product that an organization manufactures or sells, the desire to have a reliable supply chain practice is not a new concept. Companies and, for that matter, consumers want to be able to ensure that their goods are arriving safely and with little or no issue. If there is an issue, it would […]

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How blockchain adds trust to AI and IoT

You picked your doctor because your doctor has a thing for technology, just like you do. And your doctor does not disappoint. She has a new AI doctor’s assistant, that is expertly trained, having ingested millions of medical periodicals to date. It would not be humanly possible for your doctor to keep up with all the […]

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Reshaping the telecommunications ecosystem and business models

The telecommunication industry has a central position in the lives of business and people, sitting at the heart of a world that is becoming more connected every day — more digital and more virtual. In order guarantee innovative communication services like broadband and 4G in the recent past and now 5G, communication providers need to […]

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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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