There's a lot to like about blockchain in any business network. There's increased speed, reduced errors, privacy, transparency, and a scalable ecosystem. IBM explains it all and how it could work in trade finance / international trade.
This is the second in a series of articles about major technological trends that affect enterprise IT. Today's topic is blockchain, with a focus on the open-source Hyperledger Project.
Trust, standards, mitigating risk, and the role of blockchain in the developing world were all topics during a lively panel discussion in San Francisco.
Robert Boyd of HHG projects blockchain adoption and explains which scenarios can be improved by using the technology as a single pub/sub message queue.
A large group of competing institutions has come together to support a single database that speeds up transactions, reduces cost, and provides a single, immutable record shared by everyone.
Noting the role of patience, a recent panel discussed how many years should pass before mass blockchain adoption and how collaborative groups and small use cases can lead this technology outside finance.
Michael Gardner of BNY Mellon and Karen Hsu of BlockCypher talk about how far blockchain can influence the financial world and where its spread may start.
"Code spikes" are used to test out new technologies—blockchain is at the front in the recent tests by a major UK bank. Learn about the lessons learned and issues faced by RBS when building and testing a digital wallet based on Hyperledger.
