We’ve all heard of Blockchain — it’s a current buzzword that has moved beyond tech circles and gone mainstream. And if news reports are anything to go by, the rise of Blockchain seems inevitable, given its association with cryptocurrency, of which Bitcoin is most familiar to all. To be clear, these are related but cryptocurrencies are only one example of all that Blockchain can accomplish.
But what is Blockhain exactly? Briefly, Blockchain is a distributed and shared ledger that records transactions in a way that is immutable — and this holds very interesting implications for the ways in which companies operate. We met with the IBM Centre for Blockchain Innovation Lead, Shantanu Godbole, to glean some insights on how this promising technology is being developed for business applications
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