IBM
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How can blockchain benefit government?
This report shares key insights on market adoption of blockchain solutions. It also explores what differentiates early adopters and how other government organizations can benefit from their blockchain explorations.
Banking organizations across the globe are investing resources in exploring how blockchains can impact their businesses. The IBM Institute for Business Value with the support of the Economist Intelligence Unit surveyed 200 banks in 16 countries on their experiences and expectations with blockchains. This executive report outlines what differentiates the early adopters and what we can learn from them.
The IBM Institute for Business Value with the support of the Economist Intelligence Unit surveyed 200 financial markets institutions in 16 countries on their experiences and expectations with blockchains. This executive report provides insights into the motivation and adoption patterns in financial markets, and most importantly, identifies that the industry is moving at a much faster rate than anticipated.
Distributed ledgers like blockchains are shared and write business transactions to an unbreakable chain that is a permanent record, viewable by the parties in a transaction. Blockchains shift the lens from information held by an individual owner to the cross-entity history of an asset or transaction. This research shows that once that happens, five attributes that are fundamental to blockchains have the potential to vaporize the frictions that hold us back today. The authors analysis on the impact of blockchains across the enterprise, ecosystems and economies shows that frictions can be greatly reduced or even eliminated, leading to a new economic equation for organizations, trust and value exchange.