Blockchain
Transforming the Global Supply Chain
To save costs and decrease turnaround time, manufacturers typically turn to the supply chain. They break it down so that individual product parts are made in different areas of the world during each stage of production. From the pen in my pocket, to the shirt in which it sits, to the coffee I’m drinking, it’s […]
Lowering the Barriers to Global Trade with Blockchain
Ninety percent of the goods in the global market are at some point transported by ocean shipping container. To get these shipments from one port to the next, a complex series of interactions must take place. Global shipping and logistics leader, Maersk, found in 2014 that a single, simple shipment of refrigerated goods from East […]
Northern Trust Trusts Blockchain for Private Equity
Today, private equity tends to be an opaque, costly endeavor. Often, ten percent or more is spent on administration. In addition, the administrative activities are manual and can take a great deal of time to complete. In the past, this information (or its owners) was not trusted enough to be digitized. So when Northern Trust […]
How Blockchains Can Provide New Benefits for Healthcare
How valuable would it be to have the full history of your health? What if every one of your vital signs that have been recorded, all the medicines taken, information associated with every doctor’s visit, illness, operations and more could be efficiently and accurately captured? The quality and coordination of health care would be expected […]
Four Ways Blockchain Could Aid Governments
Governments around the world are facing challenges that range from budgetary pressures arising from economic stagnation to aging populations. Many have severely constrained resources, including the ability to access and analyze data to create greater economies. By making it easier to securely share data between institutions and individuals, blockchain technology could help relieve some of […]
How Fordham, IBM are Teaming on Blockchain
You may wonder what a 175-year-old Jesuit university in the heart of New York City might have in common with IBM, a global icon of modern technology. Let me assure you that we are linked in ways both deep and longstanding: driven by shared commitments to the human family, to fearless inquiry, and to the […]
Reimagining Financial Services with Blockchain
Across every industry today, organizations are looking to streamline and automate processes to reduce costs, gain efficiencies, radically improve speed to market and achieve better business outcomes. The financial services industry in many ways is at the forefront of such initiatives – with particular focus on today’s currently disjointed and redundant processing and reconciliation challenges […]
One Year In, Blockchain Grows Stronger
It is hard to believe that almost a year has passed since the Linux Foundation formed the Hyperledger Project. On December 17, 2015, the Hyperledger Project was announced and IBM was among several founding members that contributed code to the cause. The code was given the simple name of Fabric. The initial goal of Fabric […]
Blockchain’s Role in Improving Global Food Safety
The focus on safety throughout the global food supply chain is at an all-time high, for all the wrong reasons. The numbers of people sickened by contaminated food products continues to escalate and recalls are issued with increasing frequency. Like virtually every other complex issue in a world dominated by data and how it’s used, […]
Checking the Ledger: Permissioned vs. Permissionless Blockchains
Blockchain technology is all about dramatically increasing trust in business transactions. It will revolutionize the way we do business by making it impossible for participants to cheat. A permanent digitized chain of all transactions — grouped into blocks, the blockchain — means that participants cannot tamper with or deny past transactions. Although the potential of […]
Rethinking Enterprises, Ecosystems and Economies with Blockchains
My family is currently experiencing the joy of purchasing a new home. One of the painful parts of acquiring a new home, however, is the trail of paper and documents that need to be exchanged, signed and validated. Between mortgage lenders, insurance companies, inspections and government checks, it can be a lengthy process to legally […]
Blockchain and the Future of Trust
Experience teaches us that those who move quickly to embrace disruptive technologies benefit the most from them. The same will be true for the emergent technology called blockchain. As a powerful instrument of trust, blockchain enables parties to exchange goods and services with one another or make payments with far greater confidence. This provides distinct […]