This table below highlights how blockchain can disrupt various aspects of the financial services industry. If you are interested in learning more about blockchain, download our new guide titled “Getting Ahead with Blockchain in Financial Services.”
Digital Transformation
Understanding Public and Private Blockchains
Leveraging blockchain technology requires access to a blockchain platform. Public or permissionless blockchain platforms, however, have limitations for financial enterprise transactions, creating privacy concerns by enabling everybody on the blockchain to have visibility of all transactions. Additionally, the sheer vastness of potential transactions requires a substantial amount of computational power, which can slow transaction processing […]
The Whole30 – Organizational Change Management Style!
Have you heard of The Whole30? It’s a diet that focuses on eating the right things, and only the right things, for a 30 day period. At its core, it’s more than a diet; it’s promoting a behavior change. Here’s how it works. For 30 days, you may eat only whole foods. Eat all you […]
IoT Shaking Up the Automotive Industry: 5 Real-World Examples
Futuristic cars portrayed in movies and TV shows years ago had some thinking our cars would fly instead of drive by 2017. Over the past few years, the evolution of connected cars has married consumer technology with our primary mode of transportation. And just on the horizon are cars that will be self-driving. Vehicles rolling […]
Getting the Show on the Road with Driverless and Connected Cars
Over the last several weeks, we discussed self-driving and connected cars in-depth. At the end of the day, as the automotive industry (everything from buying and selling vehicles to the driver experience) continues to evolve in today’s digital world, bumps along the way will be normal. Car manufacturers, companies focused on the development of autonomous […]
The Blockchain Process
Current transaction processing requires trusted intermediaries to store assets, verify the legitimacy and solvency of each party in a transaction, validate each asset being transacted, complete the transfer of ownership of the asset, and record the transaction in a centralized ledger. Once a transaction is initiated, the initiating party has no visibility of each stage […]
Explosion of IoT in Consumer Electronics: 6 Real-World Examples
Remember when FitBit was the hot holiday product flying off the shelves? And though I’m embarrassed to admit this, I had never heard of “Alexa” two years ago when it was among the choices for a holiday gift raffle at a previous company. In three short years, consumer electronics manufacturers have embraced IoT with gusto. […]
Designing Self-Driving Cars is Like the New Space Race
Designing self-driving cars is like the new space race. Finding the next big startup in autonomous and connected cars is the goal of many established companies and investors. It’s no surprise that companies like Apple, Google, and Uber want to dominate the space. It’s also evident that traditional car manufacturers fear outsiders such as IT […]
Challenges For Blockchain
Blockchain is not a new technology; it has been available since the introduction of bitcoin in 2008. However, alternative applications in financial services have not yet achieved a critical mass of acceptance. There are some reasons for this, including the following. Regulatory Approval There is currently no legal framework that regulates the application of blockchain technology […]
Report: Digital Transformation Is Key To Boosting Customer Satisfaction
The American Customer Satisfaction Index (ACSI), which measures the satisfaction of consumers with the quality of products and services offered by companies across a variety of industries, released a report that suggests digital transformation is helping financial services companies increase customer satisfaction. The ACSI report, which is based on 17,861 customer surveys collected between October […]
Advancing Agriculture with IoT: 4 Real-World Examples
With the world’s population on the rise, food production and farming will be more important than ever. According to the UN Food and Agriculture Organization, “the world will need to produce 70% more food in 2050 than it did in 2006.”1 Meeting this anticipated demand will require farmers and agricultural companies to push the technological […]
How To Get Started In Blockchain
In the mid-1980’s, a nascent technology was leveraged to invent the World Wide Web. Few could have foreseen the ubiquity of the internet in 2017. Likewise, blockchain is a relatively new technology, and its full potential may not be realized for some years. In the interim, and as further research continues, a number of applications […]