Insights Blockchain

Welcome to trustless security

Blockchain

Blockchain is a new way of storing data in a distributed, decentralized, public ledger that allows multiple stakeholders to confidently and securely share access to the same information.

Blockchain technology

Blockchain technology provides new infrastructure to build the next innovative applications beyond cryptocurrencies, driving profound, positive changes across business, communities and society. Blockchain’s ability to let anyone send value to anyone else around the world in a secure, efficient and affordable manner promises to have the same disruptive impact the internet has had on our world over the past 25 years.

The blockchain is, of course, being used to create all sorts of cryptocurrencies, led by Bitcoin and Ethereum. But more important, it is touching all different industries. The advertising industry plans to use it to track ads on the internet; the music industry is planning to use it to track songs; banks and mortgage companies want to use it to track the deeds of homes and the complex process of tracking all the documentation; shipping companies are investing in blockchain technology to track bills of lading, the pharmaceutical industry wants to use the technology to verify the drug supply chain. Blockchain will supercharge artificial intelligence and IoT to make everything from supply chains to digital identity management smarter and more secure. Blockchain is about solving society’s ultimate challenge: trust.