There is much hype around Blockchain. Most of this is about the use of Blockchain to underpin the Bitcoin crypto currency. Whilst IBM understands its value in underpinning a Crypto currency, we are more interested in exploring the broader application of Blockchain Government should be at the heart of this revolution. Not only will it be [...]
As with any new and emerging technology there is an immediate need to weigh up the issues, challenges and opportunities. Blockchain creates new business and delivery models which may require changes to policy and regulations. But this is only part of the solution. Blockchain needs international standards that are compatible with regulations and controls in financial [...]
Ensuring that this new and emergent technology will benefit governments, industry and consumers requires an open and transparent standards process. Wide stakeholder involvement is critical to establishing a level playing field where protocols and standards can be developed to encourage competition, support innovation and reduce barriers to trade. We are already seeing a proliferation of blockchains [...]
Blockchains are an emerging technology pattern that can radically improve banking, supply-chain and other transaction networks, giving them new opportunities for innovation and growth while reducing cost and risk. Economic transactions on a distributed ledger can be programmed to record virtually anything of value: your identity, a will, a deed, a title, a license, intellectual property, [...]
1.INTERNAL LEDGER –A ledger primarily for internal reporting, audit and compliance, serving as a low-barrier starting point for Blockchai within a large orn. Populated from internal systems to provide a consistent view of key business assets, where provenance, immutability and finality are more important than consensus. Can extend access to auditor and regulator to provide transparency. [...]
