In the face of unprecedented disruption, 74% of leaders like you agree that the traditional ways of doing business are not sustainable. Technology is at the root of much of this disruption — but in the case of blockchain, it can also be the remedy.
By automating redundant processes and sharing data among permissioned network members in a decentralized way, blockchain reduces traditional friction between systems and unlocks the value long trapped inside hardened organizational silos.
The result is newfound trust and transparency across the food supply, supply chains, financial services, energy, identity and much more. And in the public sector, IBM is working with entities at all levels to prove blockchain’s value in leading the digital transformation of government.
Secure sharing of data between citizens and agencies helps reduce concerns about the use of that data and facilitates more extensive cooperation, so that citizens can flourish, and economies grow.
Blockchains can reduce the time, cost and risks of managing sensitive information by providing an immutable and transparent audit trail for regulatory compliance, contract management, identity management and citizen services.
Any process can suffer from friction. Blockchains help overcome the inefficiencies of imperfect information, restrictive regulation, institutional inertia, and unforeseen threats — including cybersecurity issues and the disruption of new business models.
Blockchain plays a key role in the energy transition now happening. This case study highlights insights about the process and discusses how organizations are using innovation to enable the transition.
The National Center for Health Statistics at the CDC is using the power of blockchain to protect the health of the American people by improving its data collection and maintaining strict data access.
Nuarca teamed with IBM to implement a blockchain voting network solution based on the IBM Blockchain Platform that enables objecting beneficial owners and their votes to be immediately represented within the proxy voting cycle.
The USPS, multiple air carriers and IBM have collaborated on a successful blockchain pilot that tracks international mail and ensures proper remittance back to the airlines, reducing manual effort in payments and mail management.
When government employees change agencies, their records often don’t follow them. IBM is helping the Office of Personnel Management with a blockchain solution to handle cross-agency HR functions, ensure data privacy and security, and facilitate data sharing.
The DOD and IBM are investigating how blockchain can help ensure secure, timely procurement of goods; increase trust in supplier and vendor choices; speed data sharing for accurate analytics; and offer more precise inventory insights and auditability of crucial supply chain steps.
