The Blockchain Will Be a Major Part of Any Business
To many people, Bitcoin will be the perfect instrument to disrupt the banking industry as we know it, whether it is on a personal or corporate level. At the same time, the banks are flocking to blockchain technology to improve their services and offer slightly more transparency to their customers. Blockchain technology will be a part of any type of....
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Banks should seek to leverage blockchain technologies as part of a bid to defend their business models from disruption, Deutsche Bank Research suggested in a recent post online. Entitled "Blockchain - attack is probably the best form of defence", the post discusses bitcoin and blockchain and its implications for major banks broadly, calling the technology "one of the first truly disruptive ideas from the FinTech sector". Author Thomas Dapp goes on to discuss his view that the true power behind bitcoin and the blockchain lies in its application of peer-to-peer (P2P) technology to the....
With the amount of activity happening around Blockchain technology, companies are now hiring individuals with Blockchain related expertise, mainly including developers, security experts and business consultants. Due in part to the relatively new emergence of the technology, businesses are now competing with one another to access this talent due to the lack of supply. The war for talent will only get worse unless we train more people globally, including going back to the grassroots of society, whereby universities begin the introduction of Blockchain and cryptocurrency courses as part of a....
William Mougayar is a Toronto-based angel investor and four-time entrepreneur who advises startups on strategy and marketing. In the first of this three-part series, he discussed how banks dealt with the emergence of the Internet and how blockchain technology is causing these institutions a whole new headache. In part two, Mougayar looked at why banks should start embracing blockchain technology. Here, in part three, he explores the steps banks should take to make sure they lead the blockchain-banking revolution. What should banks do? Don't just do pilots that automate old processes.....
Blockchain has captured the imagination of the world and has even won applause for the various benefits it can provide from several sections. CapitalBlock uses the technology behind virtual currency Bitcoin, blockchain, and specializes in providing sharp guidance, advice, and also provide for inputs in developing strategies for the firms and clients who are willing to try this technology to fire their ambitions. Enhancing the profit of a business is the primary goal of CapitalBlock and it offers services such as: 1.)Business Consulting: CapitalBlock provides consultancy and helps a....
IBM is reorganizing its internal blockchain team into a business unit that encompasses its artificial intelligence and cloud computing efforts. Called 'Industry Platforms', the division will be led by Bridget van Kralingen, IBM’s former senior vice president of Global Business Services. Further, as part of the launch, IBM's entire blockchain leadership will make the transition to the unit, first announced last September. In addition to the work on blockchain tech, the business unit will lead IBM's efforts to bridge its financial services work with its Watson artificial intelligence....