Paper-intensive financial instruments, especially those that require back-and-forth negotiations between parties, are ripe for digitization and blockchain. Add in the potential for fraud with paper processes, and the rationale for blockchain is even greater. The bank guarantee, or letter of guarantee, is just such an instrument. Bank guarantees facilitate doing business by adding trust to […] The post Blockchain and letters of guarantee appeared first on Blockchain Pulse: IBM Blockchain Blog.
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We at IBM have always believed that some of the most exciting innovations and advancements are happening outside of the major technology companies, a belief embodied in IBM initiatives like Call for Code. As economies and organizations around the world found themselves emerging from lockdowns and beginning to reopen, not only were we asking ourselves […] The post Recognizing the winners of our Back to Work COVID contest appeared first on Blockchain Pulse: IBM Blockchain Blog.