Jun

Industries, Looking for Efficiency, Turn to Blockchains

If some financial institutions had used blockchains before the last recession, we may not have had one. After all, banks sometimes didn’t know which company’s books held bad mortgages, and a blockchain is essentially a single time-stamped ledger transparent to all its users.

Since that time, companies in a wide variety of industries, such as health care, government, food, supply chain management and trade finance, have begun exploring blockchain technology. The problems they’re trying to solve mostly come down to inefficiency and fraud…

Categories : Finance

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Industries, Looking for Efficiency, Turn to Blockchains

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