IBM ups its blockchain game (IBM)

pulse

May 22, 2017 5:26 PM

This story was delivered to BI Intelligence "" subscribers. To learn more and subscribe, please .

Nearly every global bank is experimenting with blockchain technology as they try to unleash the cost savings and operational efficiencies it promises to deliver.

Banks are exploring the technology in a number of ways, including through partnerships with fintechs, membership in global consortia, and via the building of their own in-house solutions.

Sarah Kocianski, senior research analyst for BI Intelligence, Business Insider's premium research service, has compiled a detailed report on blockchain in banking that

Here are some of the key takeaways from the report:

The most successful solutions will solve specific problems for banks and attract a large enough network to create widespread benefits.

Discusses the likely trends that will emerge in the technology over the next several years.
Highlights the factors that will be critical to the success of banks implementing blockchain-based solutions.

pulse