Organizations are starting to use blockchain to develop a new breed of transactional business applications designed to embed trust, transparency, efficiency, and accountability into the process of sharing and transferring a broad range of assets in a business network. These business blockchains are not limited to currencies. Assets ranging from equipment, shipping containers, and warranties to healthcare records and data related to supply chains can now be shared, exchanged, or transferred via blockchain networks more efficiently, and with greater collaboration and less risk to shareholders, than is practical using traditional centralized approaches.
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About The Author
Curt Hall is a Cutter Expert and a member of Arthur D. Little’s AMP open consulting network. He has extensive experience as an IT analyst covering technology and application development trends, markets, software, and services. Mr. Hall's expertise includes artificial intelligence (AI), machine learning (ML), intelligent process automation (IPA), natural language processing (NLP) and conversational computing, blockchain for business, and customer… Read More
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