udit sharma

Blockchain can help increase access to credit for SMEs

Access to credit fuels economies everywhere. And small and medium enterprises (SMEs) are often the primary generators of new jobs and economic growth, particularly in the developing world. Unfortunately, the global demand for SME credit stands at $2.38 trillion with three quarters of the SMEs being financially constrained. Countries with the appropriate legal and institutional […]

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Why are smart contracts important?

Why are smart contracts important? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by IBM Blockchain, providing blockchain solutions, services and expertise, on Quora: Udit Sharma, Business Account Executive, US Public Sector: Why are smart contracts important? “A smart contract […]

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Collateral damage over credits or security assets? Try blockchain

Access to credit fuels economies everywhere. Collateral boosts this access by providing credit lenders with an asset-backed security or trust in repayment of a loan in the event of default. When the integrity of this collateral is ensured, risk is reduced, interest rates are lowered, and economic growth is fueled. When the system breaks down […]

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Blockchain is good for your health, and your business

Blockchain is a potential game-changer to business however there is no clear and easy route to adoption. As I discussed in my first blog, there are still several challenges, including a lack of common technical standards, transaction speeds, verification processes and data limits, which are still being resolved. In a sensitive industry like healthcare, government […]

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Blockchain in healthcare: Patient benefits and more

Blockchain technology is a game-changer with the potential to impact not one or two industries, but the complete landscape of how business is done. When 200 healthcare executives were surveyed, 16 percent expect to have a commercial blockchain solution at scale sometime this year. The key players for blockchain adoption will be regulators, industry groups […]

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