IDC Report Says Blockchain Could Improve Gov’t Functions
A new research paper released by market analysis and advisory firm IDC Government Insights (International Data Corporation) provides evidence for the use case of blockchains as a secure way to store, time stamp, and efficiently audit data. IDC: Blockchain Could Make Government Records More ‘Secure and Transparent’. The report, The Blockchain Audit Trail:....
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The head of Russia’s largest bank, Sberbank, has warned that Russia risks falling behind in technological innovation if it bans virtual currencies and their underlying blockchain technology. Gov’t Should ‘Not Get in the Way’. It is “critically important” for the government to not get in the way of groundbreaking technologies, according to Sberbank CEO,....
IBM Blockchain Technologies Executive Jerry Cuomo testified on May 16 before the President’s Commission concerning National Cyber Security. Cuomo spoke on the attributes of blockchain technology and its use in society. The meeting involved a panel of government officials and other technological firm representatives. IBM Familiarizes Gov’t with New Tech,....
It seems the U.S. government is going all in on blockchain technology, as the Department of Health and Human Services (HHS) just announced its distributed ledger contest that applies the technology to healthcare services. U.S. Gov’t Agency Wants to Apply Blockchain to Healthcare. The contest — called the “Blockchain and Its Emerging Role in Healthcare....
Trade settlement giant DTCC has released a new report that recommends industry stakeholders experiment with blockchain implementations while cautioning against the growing hype surrounding the technology. DTCC released its report more than a month after the firm announced its participation in an effort led by the Linux Foundation to develop an open-source blockchain initiative called the Open Ledger Project. The report, entitled "Embracing Disruption: Tapping the Potential of Distributed Ledgers to Improve the Post-Trade Landscape", offers a tempered endorsement of the technology....
The U.S. Postal Service has identified a number of ways that blockchain technology can improve its services and make it a more relevant player in global commerce, according to a report, “Blockchain Technology: Possibilities for the U.S. Postal Service.” The postal services’ Office of Inspector General (OIG) contracted with Swiss Economics to better understand blockchain and identify potential areas of interest for the Postal Service. The postal service could use blockchain technology to improve the back-end of its financial products like money orders and international money transfers. A....