Leading the pack in blockchain banking
Trailblazers set the pace.
The IBM Institute for Business Value with the support of the Economist Intelligence Unit surveyed 200 banks in 16 countries on their experience and expectations with blockchains. What differentiates the early adopters and what can we learn from them?
FirstPartner's 2016 Blockchain Ecosystem Market Map helps to decrypt the blockchain landscape with a visual overview of the emerging ecosystem, players, technologies and trends. It clearly summarises three main areas of focus emerging around the core blockchain or distributed ledger protocols:
1) Bitcoin and Cryptocurrencies: Providing an alternative to centrally managed "fiat" currencies, this sector includes Bitcoin exchanges, Bitcoin wallets, miners and cryptocurrency payment processors. The map illustrates how these companies interact and features some leading players including Coinbase, Circle, Kraken and 21 Inc.
2) The Financial Services Blockchain: This has been the main area of focus over the last 12 months as attention shifts from Bitcoin to Financial Services applications. An increasing number of players are focussing on commercialising blockchain technologies for banks, securities, derivatives and asset markets and institutional investors - and are attracting VC funding to do so. Ripple and Ethereum are leading candidate protocols for payment processing and smart contracts and players including Ripple, Chain and Digital Asset Holdings are gaining traction with Financial Institutions. The Map highlights leading technology companies and some of the banks, card schemes and processors who are investing in or evaluating distributed ledger technologies.
3) Other Use Cases: The distributed ledger concept and its ability to support transparent and tamper-proof asset registration, proof of ownership and asset transfer transactions makes it potentially applicable to multiple non financial use cases. The Map highlights a number of candidate use cases including publishing, legal, distributed data storage, document management and IoT. Some of the pioneering initiatives and companies exploring these applications are included.
Crucially the Map also provides a clear pictorial explanation and summary of the leading protocols at the heart of the ecosystem and concepts including coloured coins and smart contracts that supplement them to make a number of the proposed services possible.
A printable version of the map can be downloaded from www.firstpartner.net.
Blockchain in Banking: A Measured ApproachCognizant
Here's our foundational view on what the financial services industry needs to consider as organizations move from ideation to experimentation to pilot deployments of blockchain.
Blockchain is already disrupting several industries, with opportunities for radical improvement of existing business models. But still banks and financial institutions are the ones likely to realize the highest benefits of adopting Blockchain.
As trade finance is getting a lot of attention, we will see here how in a single letter of credit transaction Blockchain can introduce significant improvements to a lot of banking activities in addition to trade finance:
• Trade finance
• KYC and AML
• Regulatory compliance
• Syndicated lending
• Payment settlement
• And Nostro Reconciliation
Global trade of goods has been growing at double-digit rates since the early 2000s. Digitzation had its time; but still we have manual paper based work exsisitng in most of the Trade finance activities. Now is the time to see value addition from Blockchain based platforms and how they can make this process faster, reliable and paperless.
Harnessing the potential of Blockchain Technology for enterprise Digital Transformation,
A strategy, framework, approach and some key considerations to help any enterprise get started.
[Feel free to download the presentation to view it offline]
FirstPartner's 2016 Blockchain Ecosystem Market Map helps to decrypt the blockchain landscape with a visual overview of the emerging ecosystem, players, technologies and trends. It clearly summarises three main areas of focus emerging around the core blockchain or distributed ledger protocols:
1) Bitcoin and Cryptocurrencies: Providing an alternative to centrally managed "fiat" currencies, this sector includes Bitcoin exchanges, Bitcoin wallets, miners and cryptocurrency payment processors. The map illustrates how these companies interact and features some leading players including Coinbase, Circle, Kraken and 21 Inc.
2) The Financial Services Blockchain: This has been the main area of focus over the last 12 months as attention shifts from Bitcoin to Financial Services applications. An increasing number of players are focussing on commercialising blockchain technologies for banks, securities, derivatives and asset markets and institutional investors - and are attracting VC funding to do so. Ripple and Ethereum are leading candidate protocols for payment processing and smart contracts and players including Ripple, Chain and Digital Asset Holdings are gaining traction with Financial Institutions. The Map highlights leading technology companies and some of the banks, card schemes and processors who are investing in or evaluating distributed ledger technologies.
3) Other Use Cases: The distributed ledger concept and its ability to support transparent and tamper-proof asset registration, proof of ownership and asset transfer transactions makes it potentially applicable to multiple non financial use cases. The Map highlights a number of candidate use cases including publishing, legal, distributed data storage, document management and IoT. Some of the pioneering initiatives and companies exploring these applications are included.
Crucially the Map also provides a clear pictorial explanation and summary of the leading protocols at the heart of the ecosystem and concepts including coloured coins and smart contracts that supplement them to make a number of the proposed services possible.
A printable version of the map can be downloaded from www.firstpartner.net.
Blockchain in Banking: A Measured ApproachCognizant
Here's our foundational view on what the financial services industry needs to consider as organizations move from ideation to experimentation to pilot deployments of blockchain.
Blockchain is already disrupting several industries, with opportunities for radical improvement of existing business models. But still banks and financial institutions are the ones likely to realize the highest benefits of adopting Blockchain.
As trade finance is getting a lot of attention, we will see here how in a single letter of credit transaction Blockchain can introduce significant improvements to a lot of banking activities in addition to trade finance:
• Trade finance
• KYC and AML
• Regulatory compliance
• Syndicated lending
• Payment settlement
• And Nostro Reconciliation
Global trade of goods has been growing at double-digit rates since the early 2000s. Digitzation had its time; but still we have manual paper based work exsisitng in most of the Trade finance activities. Now is the time to see value addition from Blockchain based platforms and how they can make this process faster, reliable and paperless.
Harnessing the potential of Blockchain Technology for enterprise Digital Transformation,
A strategy, framework, approach and some key considerations to help any enterprise get started.
[Feel free to download the presentation to view it offline]
Blockchain for Financial Institutions (the beginning)Karnan Ariaratnam
Organizations ranging from small start-ups to major global banks and government agencies are already investing in Blockchain technology, is your organization thinking about it?
See our point of view on Blockchain, please reach out to me to discuss further (karnan.ariaratnam@ca.pwc.com)
Digital assets are on the verge of becoming the next big thing in the market. Companies are getting prepared for digital assets with Blockchain technology. Blockchain technology will help companies to manage and keep control over digital assets. This technology will help in transacting and trading digital assets in real-time.
“Over the past two decades, the Internet has
revolutionized many aspects of business and
society... Yet the basic mechanics of how people
and organizations execute transactions… have
not been updated for the 21st century. Blockchain
could bring to those processes the openness and
efficiency we have come to expect
in the Internet Era.”
—Arvind Krishna
Senior VP, IBM Research
Block-chain technology can reduce transaction costs, generate distributed trust, and empower
decentralized platforms, potentially becoming a new foundation for decentralized business
models. In the financial industry, blockchain technology allows for the rise of decentralized
financial services, which tend to be more decentralized, innovative, interoperable, borderless, and
transparent. Empowered by blockchain technology, decentralized financial services have the po-
tential to broaden financial inclusion, facilitate open access, encourage permissionless innovation,
and create new opportunities for entrepreneurs and innovators. In this article, we assess the
benefits of decentralized finance, identify existing business models, and evaluate potential chal-
lenges and limits. As a new area of financial technology, decentralized finance may reshape the
structure of modern finance and create a new landscape for entrepreneurship and innovation,
showcasing the promises and challenges of decentralized business models.
Introduction to blockchain & cryptocurrenciesAurobindo Nayak
This was an intro session on blockchain and cryptocurrencies. If you want to view the webinar for this talk checkout: https://www.youtube.com/watch?v=rl5mVI7jEK0
What is decentralized finance ( de fi )Celine George
Defi is also is known as decentralized finance which leverages existing blockchain technology into a decentralized micropayment platform without any intermediaries. Defi is one of the technological concepts which got huge requirements from the banking sector as well as from those who deal with a large number of the financial transaction.
The ecosystem supporting blockchain technology has matured to the point where the rollout of multiple enterprise blockchain solutions is imminent. This is technology that cannot be ignored by any industry as it poses both a threat and an opportunity for organisations. This paper outlines the potential of blockchain technology.
Enhance Your Career With An Online Degree In Blockchain For BusinessBlockchain Council
An online degree in Blockchain for Business will help any business to grow. This degree will give you an overview of blockchain basics, along with the consensus algorithms being used. Moreover, you will understand smart contracts and blockchain architecture better. With reduced costs and greater efficiency, blockchain use-cases allow employees to focus on better business decisions.
Overcoming the Barriers to Blockchain AdoptionMongoDB
Blockchain promises to drastically lower costs, increase data quality and vastly simplify business processes in a range of industries.
During this event speakers from MongoDB, BigchainDB, Ripple, and 11FSTeam answered question around how to operationalise blockchain into existing environments and rely on it as we do with existing systems.
Investment Thesis on Distributed Ledger Technology in the Financial SystemEmre Tekisalp
An investment thesis from the point of view of venture capital funds, developed as part of Columbia Business School Venture Fellows Program. This presentation looks at what transaction related problems the financial system currently faces, how different startups working on distributed ledger technologies (such as Blockchain) are proposing to solve this problem, and how the author believes the future will unfold.
How Retirement Services Providers Can Tap Blockchain Thinking and TechnologyCognizant
Blockchain's peer-to-peer transference technology offers numerous benefits - digital trust, operational improvement and cost reduction, enhanced customer experience, and business resilience. We offer a vision of blockchain technology's potential applications - experimental use cases - for the retirement services industry.
Las TIC en la educación digital del Tercer Milenio . III Foro Internacional Valparaíso.
Esta obra pretende contribuir al debate sobre el papel de las TIC en la mejora de la educación. En este sentido se sostiene que las TIC podrían ser instrumentales en la generación de conocimientos innovadores y la disminución de las desigualdades
sociales. El III Foro Internacional de Valparaíso tuvo como punto de partida cuatro investigaciones en las que se abordaron el impacto que el uso de las TIC puede tener en el aprendizaje, las transformaciones que la tecnología está haciendo posibles en la educación superior, y las relaciones que se establecen entre revolución tecnológica y transformaciones políticas, sociales y culturales. Asimismo, se presentó el análisis de la experiencia recogida en el proyecto Aulas Fundación Telefónica, que entre otros resultados ha impulsado la creación de una red de innovación de 17.000 profesores
en trece países de América Latina.
Images of the future of AI and machine learningChris Rigatuso
There are fears and hopes associated with future use of AI and Machine Learning. Algorithms which automate classification and understanding of information. Images have reference URLs behind each slide in the powerpoint.
Blockchain for Financial Institutions (the beginning)Karnan Ariaratnam
Organizations ranging from small start-ups to major global banks and government agencies are already investing in Blockchain technology, is your organization thinking about it?
See our point of view on Blockchain, please reach out to me to discuss further (karnan.ariaratnam@ca.pwc.com)
Digital assets are on the verge of becoming the next big thing in the market. Companies are getting prepared for digital assets with Blockchain technology. Blockchain technology will help companies to manage and keep control over digital assets. This technology will help in transacting and trading digital assets in real-time.
“Over the past two decades, the Internet has
revolutionized many aspects of business and
society... Yet the basic mechanics of how people
and organizations execute transactions… have
not been updated for the 21st century. Blockchain
could bring to those processes the openness and
efficiency we have come to expect
in the Internet Era.”
—Arvind Krishna
Senior VP, IBM Research
Block-chain technology can reduce transaction costs, generate distributed trust, and empower
decentralized platforms, potentially becoming a new foundation for decentralized business
models. In the financial industry, blockchain technology allows for the rise of decentralized
financial services, which tend to be more decentralized, innovative, interoperable, borderless, and
transparent. Empowered by blockchain technology, decentralized financial services have the po-
tential to broaden financial inclusion, facilitate open access, encourage permissionless innovation,
and create new opportunities for entrepreneurs and innovators. In this article, we assess the
benefits of decentralized finance, identify existing business models, and evaluate potential chal-
lenges and limits. As a new area of financial technology, decentralized finance may reshape the
structure of modern finance and create a new landscape for entrepreneurship and innovation,
showcasing the promises and challenges of decentralized business models.
Introduction to blockchain & cryptocurrenciesAurobindo Nayak
This was an intro session on blockchain and cryptocurrencies. If you want to view the webinar for this talk checkout: https://www.youtube.com/watch?v=rl5mVI7jEK0
What is decentralized finance ( de fi )Celine George
Defi is also is known as decentralized finance which leverages existing blockchain technology into a decentralized micropayment platform without any intermediaries. Defi is one of the technological concepts which got huge requirements from the banking sector as well as from those who deal with a large number of the financial transaction.
The ecosystem supporting blockchain technology has matured to the point where the rollout of multiple enterprise blockchain solutions is imminent. This is technology that cannot be ignored by any industry as it poses both a threat and an opportunity for organisations. This paper outlines the potential of blockchain technology.
Enhance Your Career With An Online Degree In Blockchain For BusinessBlockchain Council
An online degree in Blockchain for Business will help any business to grow. This degree will give you an overview of blockchain basics, along with the consensus algorithms being used. Moreover, you will understand smart contracts and blockchain architecture better. With reduced costs and greater efficiency, blockchain use-cases allow employees to focus on better business decisions.
Overcoming the Barriers to Blockchain AdoptionMongoDB
Blockchain promises to drastically lower costs, increase data quality and vastly simplify business processes in a range of industries.
During this event speakers from MongoDB, BigchainDB, Ripple, and 11FSTeam answered question around how to operationalise blockchain into existing environments and rely on it as we do with existing systems.
Investment Thesis on Distributed Ledger Technology in the Financial SystemEmre Tekisalp
An investment thesis from the point of view of venture capital funds, developed as part of Columbia Business School Venture Fellows Program. This presentation looks at what transaction related problems the financial system currently faces, how different startups working on distributed ledger technologies (such as Blockchain) are proposing to solve this problem, and how the author believes the future will unfold.
How Retirement Services Providers Can Tap Blockchain Thinking and TechnologyCognizant
Blockchain's peer-to-peer transference technology offers numerous benefits - digital trust, operational improvement and cost reduction, enhanced customer experience, and business resilience. We offer a vision of blockchain technology's potential applications - experimental use cases - for the retirement services industry.
Las TIC en la educación digital del Tercer Milenio . III Foro Internacional Valparaíso.
Esta obra pretende contribuir al debate sobre el papel de las TIC en la mejora de la educación. En este sentido se sostiene que las TIC podrían ser instrumentales en la generación de conocimientos innovadores y la disminución de las desigualdades
sociales. El III Foro Internacional de Valparaíso tuvo como punto de partida cuatro investigaciones en las que se abordaron el impacto que el uso de las TIC puede tener en el aprendizaje, las transformaciones que la tecnología está haciendo posibles en la educación superior, y las relaciones que se establecen entre revolución tecnológica y transformaciones políticas, sociales y culturales. Asimismo, se presentó el análisis de la experiencia recogida en el proyecto Aulas Fundación Telefónica, que entre otros resultados ha impulsado la creación de una red de innovación de 17.000 profesores
en trece países de América Latina.
Images of the future of AI and machine learningChris Rigatuso
There are fears and hopes associated with future use of AI and Machine Learning. Algorithms which automate classification and understanding of information. Images have reference URLs behind each slide in the powerpoint.
OBJETIVOS
La universidad pública ha de ser una de las instituciones líderes de la sociedad
del conocimiento. A pesar de ello, la sociedad conoce de ella poco más que su
oferta académica.
El objetivo de este curso es mostrar a la sociedad los nes y objetivos de la
universidad pública, así como el funcionamiento de la misma a través de sus
órganos de representación y gestión. Para ello debatiremos sus principales
funciones -docencia de grados y másteres, investigación y transferencia del
conocimiento- con los distintos colectivos que forman la Universidad de
Sevilla, Estudiantes, Personal de administración y Servicios y Profesorado.
Asimismo contaremos con la colaboración de prestigiosos profesores de otras
universidades españolas con amplia experiencia en docencia, investigación y
gestión universitaria, con los que debatiremos las formas de mejora del
funcionamiento de la Universidad de Sevilla.
Este curso está dirigido a los miembros de la comunidad de la US que tengan
interés en conocer su forma de gestión y participación, así como a la sociedad
Sevillana en la que se enmarca.
INforme El uso de las TIC. Radiografía Sage de la Pyme 2015. Más de cinco años avalan a uno de los estudios anuales de referencia en nuestro país: Radiografía Sage de la Pyme.
Una muestra de la opinión que tienen las pymes españolas sobre aspectos socio-laborales, socio-económicos y el uso de las TIC en sus empresas.
Machine Learning Session by Artivatic AI Data LabsArtivatic.ai
Machine Learning algorithms, uses, applications and advancement of technologies Session by Artivatic AI Data Labs.
This session was on more practical applications of ML in real life.
Multinacionales por marca España presenta sus propuestas para favorecer el desarrollo de la innovación en España
La asociación empresarial
Multinacionales por marca España ha hecho público hoy un documento elaborado por su Comisión de Innovación con 29 medidas concebidas como imprescindibles para desarrollar la innovación en nuestro país.
The Ethics of Machine Learning/AI - Brent M. EastwoodWithTheBest
Artificial Intelligence and machine learning has the potential for greater good and danger itself. Eastwood questions the ethics behind machine learning and artificial intelligence.
Brent M. Eastwood, PhD
Introduction to machine learningunsupervised learningSardar Alam
Introduction to Machine learning and unsupervised learning by Andrew Ng is an Associate Professor at Stanford; Chief Scientist of Baidu; and Chairman and Co-Founder of Coursera. intresting slides...its video lecture also on Coursera.
Using Algorithmia to leverage AI and Machine Learning APIsRakuten Group, Inc.
We are entering a new era of software development. Companies are realizing that AI and machine learning are critical to success in business, both to save cost on repetitive tasks, and to enable to new features and products that would be impossible without machine intelligence. Algorithmia makes these tools available through web APIs that makes tools like computer vision and natural language processing available to companies everywhere. Kenny will talk about how sharing of intelligent APIs can improve your applications.
https://rakutentechnologyconference2016.sched.org/event/8aS5/using-algorithmia-to-leverage-ai-and-machine-learning-apis
Rakuten Technology Conference 2016
http://tech.rakuten.co.jp/
As the scale of compute usage increases automation becomes a requirement. However, automation is traditionally seen as a replacement of humans. So, how do you build automation with the humans in mind? This talk will cover Habitat, an open source project for application automation. We will cover the design decisions behind Habitat that enable humans to be more effective at their jobs, while removing them from the complexity of managing systems at scale.
https://rakutentechnologyconference2016.sched.org/event/8ChB/automation-for-the-humans
Rakuten Technology Conference 2016
http://tech.rakuten.co.jp/
Le kit pratique que vous vous apprêtez à
consulter aborde, de façon très concrète,
certaines thématiques qui occupent une
place croissante dans le métier de bibliothécaire,
au premier chef la question de
l’innovation.
Pourquoi les bibliothèques sont-elles concernées
par l’innovation, une notion que l’on rattache
plus volontiers à la sphère de l’industrie
ou de la technologie ? Tout simplement parce
que, depuis que le numérique est entré dans
nos vies quotidiennes, nous vivons tous
au rythme du changement technologique.
Les pratiques culturelles n’échappent pas
à ce phénomène : elles évoluent en permanence
à un rythme parfois difficile à suivre,
même pour des professionnels. Pour ne pas
être dépassés, les bibliothécaires doivent
apprendre à observer, à comprendre et à
intégrer au fur et à mesure ces nouveaux
usages, bref, à innover.
Artificial Intelligence, Machine Learning and Deep LearningSujit Pal
Slides for talk Abhishek Sharma and I gave at the Gennovation tech talks (https://gennovationtalks.com/) at Genesis. The talk was part of outreach for the Deep Learning Enthusiasts meetup group at San Francisco. My part of the talk is covered from slides 19-34.
Leading the pack in Blockchain bankingPauline Mura
How IBM can help
As one of the world’s leading research organizations,
and one of the world’s top contributors to open
source projects, IBM is committed to fostering the
collaborative effort required to transform how people,
governments and businesses transact and interact.
IBM provides clients the consulting and systems
integration capabilities to design and rapidly adopt
distributed ledgers, digital identity and blockchain
solutions. IBM helps clients leverage the global scale,
business domain expertise, and deep cloud integration
experience required for the application of these
technologies.
Blockchain rewires financial markets
How IBM can help
As one of the world’s leading research organizations, and one of the world’s top contributors to open source projects, IBM is committed to fostering the collaborative effort required to transform how people, governments and businesses transact and interact.
IBM provides clients the consulting and systems integration capabilities to design and rapidly adopt distributed ledgers, digital identity and blockchain solutions. IBM helps clients leverage the global scale, business domain expertise, and deep cloud integration experience required for the application
of these technologies. Learn more at ibm.com/blockchain
The convergence of non-traditional rivals and heightened global regulation are creating new digital opportunities for banks. To seize the high ground, banks need to think like disruptors and apply modern digital tools, techniques and partnership strategies.
The distributed ledger technology underlying cryptocurrency is advancing quickly, requiring banks to take the initiative or risk falling behind in the next generation of digital commerce.
You often hear tech experts discussing how powerful blockchain technology is. Today, you’ll find out exactly how influential it can be in transforming traditional businesses.
Source: https://www.moontechnolabs.com/blog/how-blockchain-development-companies-can-help-businesses/
Etude du Business Model de Number26 / N26 par le cabinet Onopia, spécialiste de l'innovation de business model, de l'expérience client, du design thinking. www.onopia.com
5 AI Solutions Every Chief Risk Officer NeedsAlisa Karybina
For the risk manager, AI means greater efficiency, lower costs, and less risk. There are many potential applications of AI when it comes to managing risk in banking, but this report will focus on five key solutions with huge potential ROI that every chief risk officer (CRO) can begin building immediately. Representing foundational capabilities for risk management, these five solutions have the potential to substantially impact a bank’s financial results, and an automated machine learning platform represents the most efficient and effective method of delivering on the promise of these AI use cases.
Can Technological Soldiers Like Blockchain & AI Help Banks Prevent Bad Debts?aNumak & Company
Using blockchain and artificial intelligence, it is possible to reduce the number of bad debts radically by providing better insights and better digital infrastructure.
Blockchain is the most promising technological advancement since the dawn of the internet. The impact it will have on businesses and especially the financial sector is yet to be fully measured. This paper explores the blockchain technology, within the scope of the banking industry and its potential for disruption. It highlights the technology’s characteristics and its value proposition for the banking industry. It will also give the reader a complete overview of the multiple use-cases by which blockchain will impact the banking sector in every area, ranging from data security to trade finance, as well as new products such as smart contracts. The paper also describes the many hurdles blockchain technology and financial players must overcome before its potential can be fully realized. It insists on the fact this technology will only achieve a widespread use if every actor work together. A single player will not be able to get a competitive advantage on its own. The only way will be to create common standard and networks, by working with the competition as well as the regulators.
Blockchain in Europe: Closing the Strategy GapCognizant
According to our recent research, European businesses need to break through old mental models of company boundaries and markets to grasp the full potential of blockchain and how it will shift entrenched views of institutional power.
Retailers increasingly recognize blockchain’s transformative ability to streamline operations, ensure product authenticity and enable tighter supply chain collaboration, our latest study reveals. However, most are still working to fully understand how to harness its potential inside their four walls and beyond.
In order to develop a fact-based perspective, The Economist Intelligence Unit (EIU), sponsored by Hewlett Packard Enterprise, has conducted parallel surveys of more than 100 senior bankers and 100 Fintech executives. The objective is to determine their respective views on the impact of Fintech, the strengths and weaknesses of the participants and the likely landscape for the retail banking industry over the next five years.
Evaluación de t-MOOC universitario sobre competencias digitales docentes medi...eraser Juan José Calderón
Evaluación de t-MOOC universitario sobre competencias
digitales docentes mediante juicio de expertos
según el Marco DigCompEdu.
Julio Cabero-Almenara
Universidad de Sevilla, Sevilla, España
cabero@us.es
Julio Barroso--‐Osuna
Universidad de Sevilla, Sevilla, España
jbarroso@us.es
Antonio Palacios--‐Rodríguez
Universidad de Sevilla, Sevilla, España
aprodriguez@us.es
Carmen Llorente--‐Cejudo
Universidad de Sevilla, Sevilla, España
karen@us.es
REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL LAYING DOWN HARMONIS...eraser Juan José Calderón
Proposal for a
REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
LAYING DOWN HARMONISED RULES ON ARTIFICIAL INTELLIGENCE
(ARTIFICIAL INTELLIGENCE ACT) AND AMENDING CERTAIN UNION
LEGISLATIVE ACTS
Predicting Big Data Adoption in Companies With an Explanatory and Predictive ...eraser Juan José Calderón
Predicting Big Data Adoption in Companies With an Explanatory and Predictive Model
Predecir la adopción de Big Data en empresas con un modelo explicativo y predictivo. @currovillarejo @jpcabrera71 @gutiker y @fliebc
Ética y Revolución Digital
Revista Diecisiete nº 4 2021. Investigación Interdisciplinar para los Objetivos de Desarrollo Sostenible.
PANORAMA
Ética y Derecho en la Revolución Digital
Txetxu Ausín y Margarita Robles Carrillo
artículoS
¿Cuarta Revolución Industrial? El reto de la digitalización y sus consecuencias ambientales y antropológicas
Joaquín Fernández Mateo
Hacia una ética del ecosistema híbrido del espacio físico y el ciberespacio
Ángel Gómez de Ágreda y Claudio Feijóo
Aprendizaje-Servicio y Agenda 2030 en la formación de ingenieros de la tecnología inteligente
Angeles Manjarrés y Simon Pickin
Tecnología Humanitaria como catalizadora de una nueva arquitectura de Acción Exterior en España: Horizonte 2030
Raquel Esther Jorge Ricart
Revolución digital, tecnooptimismo y educación
Ricardo Riaza
Desafíos éticos en la aplicación de la inteligencia artificial a los sistemas de defensa
Juan A. Moliner González
notas y colaboraciones
Hacerse viral: las actividades artísticas y su respuesta ante los retos que impone la transformación digital
Marta Pérez Ibáñez
Salud digital: una oportunidad y un imperativo ético
Joan Bigorra Llosas y Laura Sampietro-Colom
El futuro digital del sector energético
Beatriz Crisóstomo Merino y María Luz Cruz Aparicio
Innovación y transformación digital en las ONG. La visión de Acción contra el Hambre
Víctor Giménez Sánchez de la Blanca
El impacto de la inteligencia artificial en la Sociedad y su aplicación en el sector financiero
María Asunción Gilsanz Muñoz
La ética en los estudios de ingeniería
Rafael Miñano Rubio y Gonzalo Génova Fuster
An ethical and sustainable future of work
David Pastor-Escuredo, Gianni Giacomelli, Julio Lumbreras y Juan Garbajosa
Los datos en una administración pública digital - Perspectiva Uruguay
María Laura Rodríguez Mendaro
Ciudades y digitalización: construyendo desde la ética
David Pastor-Escuredo, Celia Fernandez-Aller, Jesus Salgado, Leticia Izquierdo y María Ángeles Huerta
#StopBigTechGoverningBigTech . More than 170 Civil Society Groups Worldwide O...eraser Juan José Calderón
#StopBigTechGoverningBigTech: More than 170 Civil Society Groups Worldwide Oppose Plans for a
Big Tech Dominated Body for Global Digital Governance.
Not only in developing countries but also in the US and EU, calls for stronger regulation of Big Tech
are rising. At the precise point when we should be shaping global norms to regulate Big Tech, plans
have emerged for an ‘empowered’ global digital governance body that will evidently be dominated
by Big Tech. Adding vastly to its already overweening power, this new Body would help Big Tech
resist effective regulation, globally and at national levels. Indeed, we face the unbelievable prospect
of ‘a Big Tech led body for Global Governance of Big Tech’.
PACTO POR LA CIENCIA Y LA INNOVACIÓN
8 de febrero de 2021.
El conocimiento y la innovación son esenciales para mantener y mejorar el bienestar social y el crecimiento
económico. La competitividad y la productividad del tejido económico depende, casi en exclusiva, de la
cantidad de conocimiento avanzado incorporado por la actividad productiva y, por ende, de su continua
renovación. La investigación en las ciencias naturales, sociales y humanas es fuente de valores y
enriquecimiento cultural.
Desigualdades educativas derivadas del COVID-19 desde una perspectiva feminis...eraser Juan José Calderón
Desigualdades educativas derivadas del COVID-19 desde una perspectiva feminista. Análisis de los discursos de profesionales de la educación madrileña.
Melani Penna Tosso * Mercedes Sánchez SáinzCristina Mateos CasadoUniversidad Complutense de Madrid, España
Objetivos: Especificar las principales dificultades percibidas por las profesoras y los departamentos y equipos de orientación en relación con la atención a las diversidades en la actual situación de pandemia generada por el COVID-19. Exponer las prácticas educativas implementadas por dichas profesionales para disminuir las desigualdades. Visibilizar desigualdades de género que se dan en el ámbito educativo, relacionadas con la situación de pandemia entre el alumnado, el profesorado y las familias, desde una perspectiva feminista. Analizar las propuestas de cambio que proponen estas profesionales de la educación ante posibles repeticiones de situaciones de emergencia similares.
Resultados: Los docentes se han visto sobrecargados por el trabajo en confinamiento, en general el tiempo de trabajo ha tomado las casas, los espacios familiares, el tiempo libre y los fines de semana. Las profesionales entrevistadas se ven obligadas a una conexión permanente, sin limitación horaria y con horarios condicionados por las familias del alumnado. Se distinguen dos períodos bien diferenciados, en que los objetivos pasaron de ser emocionales a académicos. Como problemática general surge la falta de coordinación dentro los centros educativos.
Método: Análisis de entrevistas semiestructuradas a través de la metodología de análisis crítico de discurso.
Fuente de datos: Entrevistas
Autores: Melani Penna Tosso, Mercedes Sánchez Sáinz y Cristina Mateos Casado
Año: 2020
Institución: Universidad Complutense de Madrid
País al que refiere el análisis: España
Tipo de publicación: Revista arbitrada
"Experiencias booktuber: Más allá del libro y de la pantalla"
Maria Del Mar Suárez
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2020, R. Roig-Vila (Coord.), J. M. Antolí Martínez & R. Díez Ros (Eds.), XARXES-INNOVAESTIC 2020. Llibre d’actes / REDES-INNOVAESTIC 2020. Libro de actas (pp. 479-480). Alacant: Universitat d'Alacant. ISBN: 978-84-09-20651-3.
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The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
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Leading the pack in blockchain banking Trailblazers set the pace
1. Leading the pack in blockchain banking
Trailblazers set the pace
IBM Institute for Business Value
The Economist Intelligence Unit
survey conducted by
2. How IBM can help
As one of the world’s leading research organizations,
and one of the world’s top contributors to open
source projects, IBM is committed to fostering the
collaborative effort required to transform how people,
governments and businesses transact
and interact.
IBM provides clients the consulting and systems
integration capabilities to design and rapidly adopt
distributed ledgers, digital identity and blockchain
solutions. IBM helps clients leverage the global scale,
business domain expertise, and deep cloud
integration experience required for the application
of these technologies. Learn more at
ibm.com/blockchain
3. Leading the pack in blockchain banking – Trailblazers set the pace | 3
The IBM Institute for Business Value
with the support of the Economist
Intelligence Unit surveyed 200 banks
in 16 countries on their experience
and expectations with blockchains.
What differentiates the early adopters
and what can we learn from them?
First movers: Trailblazers set a fast pace and new direction
Just a handful of banks are operating on blockchains today. In 2017, 15 percent of the banks in our study
expect to have blockchains in commercial production. These Trailblazers are prioritizing blockchain efforts
to break through barriers to creating new business models and reaching new markets.
Opportunity seekers: Trailblazers prioritize key business areas for optimal benefits
Time, cost and risk benefits: Trailblazers are prioritizing blockchains in three areas – reference data, retail
payments and consumer lending.
New business models: Trailblazers expect blockchains to yield the greatest effect in opening up new
business models in three areas – trade finance, corporate lending and reference data.
Shifting profit pools: New vectors for growth and disruption
Defending disruption: Trailblazers see a significant wall of disruption heading their way. They expect
five out of nine core business areas to experience significant disruption and are investing in each one.
Investing for growth: Across the industry, all banks are investing in international payments, other cash
management, corporate lending, consumer lending, mortgages and deposit taking.
4. Leading the pack in blockchain banking – Trailblazers set the pace | 4
Figure 1. First to finish: Respondents' expectation
of when they will have blockchains in commercial
production and at scale
First movers
Trailblazers set
a fast pace
and new direction
4
When the first international payments on a blockchain crossed the wires, the transaction was completed in
a matter of seconds instead of hours.1 Speed of execution, of course, is one benefit derived from blockchains,
but speed is also proving the operative word when it comes to blockchain commercialization. Our survey of
commercial and retail banks reveals that the industry is hurtling toward blockchain adoption far faster than
many expected.
Commercial applications in banking are few in number today. In 2017, a full 15 percent of the banks in
our study expect to have commercial blockchain solutions at scale (see Figure 1). We call this group the
Trailblazers. In effect, 2017 looks to be the year banking on blockchains shifts from zero to sixty. First-
mover advantages for this group include the ability to influence and set the business standards by which
others will operate. Moreover, as start-ups take aim at incumbents and new business models expand beyond
industry boundaries, first-mover banks will be well situated to get ahead of the consequent disruption.
These Trailblazers aren’t the small start-ups or fintechs many might expect to enter first. Instead, Trailblazers
are made up of a disproportionate number of medium sized banks and are more than twice as likely to be large
institutions that number more than a hundred thousand employees. Defying expectations, these larger banks
are proving they have the agility to move fast in the face of change.
Mass adopters
51%
20202017
Followers
34%
Trailblazers
15%
2018
5. Leading the pack in blockchain banking – Trailblazers set the pace | 5First movers (continued)
Figure 2. Frictions framework: Information, innovation and interaction frictions can be minimized by blockchains
In our first blockchain study, “Fast forward”, ibm.biz/fastforward, we examined the potential for blockchains to
eradicate the frictions that hold companies back, limit their growth and constrain innovation. We identified nine
frictions that challenge enterprises today (see Figure 2) and analyzed the impact blockchains might have. This
study asked for the views of bankers on these same frictions.
Frictions
Transaction costs
Degrees of separation
Inaccessible marketplaces
1 | Interaction
3 | Information
Imperfect information
Inaccessible information
Information risks
2 | Innovation
Restrictive regulations
Institutional inertia
Invisible threats
6. Leading the pack in blockchain banking – Trailblazers set the pace | 6
We found that all banks expect blockchains to eradicate frictions across the board. But Trailblazers stand
apart from other banks in one respect. They see the most substantial reductions in those frictions that bring
down the barriers to creating new business models and entering new markets. Likewise, these bold banks
are singularly focused on using blockchain technology to greatly improve the accuracy of the information
they rely on to act on decisions (see Figure 3).
How individual banks respond to blockchain opportunities in the next few years will depend on their
circumstances, capacity and ambition. How regulators respond – and where – will influence the evolution
of blockchains. As with any new technology with the potential to transform, there can be no cookie-cutter
approach. However, the plans, priorities and investments of the Trailblazers who are poised to enter the market
today do illuminate a direction.
Trailblazers Other banks
Imperfect information
Decision making impeded
by inaccurate, misleading or
or incomplete information
Invisible threats
Risk of new business model
disruptions or new competition
that are difficult to predict
Inaccessible marketplaces
Assets that are underutilized
or cannot be monetized and do
not contribute to revenue growth
26% 59% 22%
more moremore
77% | 61% 73% | 46% 73% | 60%
First movers (continued)
Figure 3. Path to growth: Trailblazers identify the three frictions that
blockchains can most reduce
7. Leading the pack in blockchain banking – Trailblazers set the pace | 7
Trailblazers
Other banks
83%
59%
80%
60%
79%
64%
77%
70%
77%
63%
74%
60%
73%
67%
71%
58%
69%
67%
Opportunity seekers
By now, most banks have concluded that blockchains could greatly reduce the time, cost and risk of many
transactions. As banks gain experience from pilots, this calculation grows sharper. We asked banks to weigh
time, cost and risk benefits in nine core business areas and analyzed their answers to calculate a blended
score for each business area. Our analysis reveals near unanimity; blockchain benefits are compelling and can
be gained in every aspect of banking. Trailblazers identified three business areas with the highest benefits –
reference data, retail payments and consumer lending (see Figure 4).
Trailblazers prioritize
key business areas
for optimal benefits
7
Retail
payments
Corporate
lending
Mortgages Deposit
taking
International
payments
Reference
data
Consumer
lending
Other cash
management
Trade
finance
Figure 4. Benefits for all: Blockchains’ impact on time, cost and risk
8. Leading the pack in blockchain banking – Trailblazers set the pace | 8
43% more
Payments and lending on blockchains are a
target-rich environment for efficiency. Transactions
on blockchains not only eliminate the time and
labor required for reconciliations, they minimize
errors and significantly reduce the time needed for
settlement, which in turn lowers risk and capital
requirements. Trailblazers are 43% more likely than
other banks to expect significantly less risk as retail
payments move to blockchains (see Figure 6).
Cost savings are particularly attractive in consumer
lending: nine out of ten Trailblazers expect significant
results in cost savings alone (see Figure 7). For
consumer lenders, access to new markets is another
attractive proposition. Lack of credit history and
identity fraud has made it difficult to grant loans to
Opportunity seekers (continued)
Figure 5. Key Trailblazer reference data benefits Figure 6. Key Trailblazer retail payments benefits Figure 7. Key Trailblazer consumer lending benefits
Risk
savings 83% | 61%
Cost
savings 87% | 59%
Time
savings 80% | 58%
As might be expected, reference data claimed the
top spot (see Figure 5). On blockchains, reference
data is automatically captured in real time, validated
and shared as permitted across business divisions
and institutions. It becomes in effect, an always
up-to-date self-integrating system of truth.
As data siloes are connected to blockchains,
benefits build up: Costly and time-consuming
reconciliations are all but eliminated and an
instantaneously verifiable audit trail discourages
bad actors and potential for fraud. Data integrity is
assured and banks gain a superior platform for up-
to-the-minute analytics. Because reference data is
integral to all of a bank’s activities and isn’t bound by
the complex regulations found in other areas of
banking, it’s proving a good place to start.
unbanked customers. On blockchains, as new kinds
of verificable transaction data is captured, enhanced
identity and know your customer (KYC) data could
open up emerging markets to banks.
When the time, cost and risk benefits from
blockchains are considered independently of
each other, additional business areas stood out.
Corporate lending ranked 2nd in time
savings; international payments took 3rd
place in cost savings; and trade finance
was the 3rd highest in reducing risk.
Risk
savings 83% | 58%
Cost
savings 80% | 64%
Time
savings 77% | 62%
Risk
savings 70% | 61%
Cost
savings 90% | 65%
Time
savings 77% | 67%
Trailblazers | Other banks
9. Leading the pack in blockchain banking – Trailblazers set the pace | 99Opportunity seekers (continued)
A platform for change
Blockchain enthusiasts, of course, promised something more than an ERP upgrade; they promised a
revolution. We asked bankers to share their expectations and experiences on the potential for blockchains
as a platform for new business models. Trailblazers identified three areas where blockchain-based business
models reach the most impact: Trade finance, corporate lending and reference data (see Figure 8).
Trade finance modernized
Trade finance is one area where both Trailblazers and other banks agree that an entirely new business model
should emerge. Mired in complexity due to the number of parties, handoffs, paper documents and manual
processes involved in even a single shipment, trade finance appears long due for an overhaul. Blockchains
make it possible to reinvigorate this large global market. Bank-intermediated short-term trade finance alone
has been estimated to be USD 6-8 trillion worldwide.2
Trailblazers Other banks
Trade finance Corporate lending Reference data
22% 17% 31%
more moremore
83% | 68% 80% | 63% 77% | 59%
Figure 8. Trailblazers’ top three blockchain-enabled business models
10. Leading the pack in blockchain banking – Trailblazers set the pace | 1010Opportunity seekers (continued)
Major institutions like Bank of America Merrill Lynch are innovating to reduce risk, streamline processes and
improve financing.3 Established banks as well as fintechs have pilots well underway in areas that include bills
of lading and letters of credit, documents that haven’t typically been shared or stored in digital form. These
modernization efforts are creating immediate efficiencies, but the bigger benefit may be to the heightened
visibility that banks will have. With greater access to historical data and real-time trade transactions, banks
stand a good chance to greatly improve the profitability of financing as well as the acquisition of new clients.
Banks won’t be without new competition: Alibaba, China’s largest e-commerce enterprise has set its
sights on providing its own financial services including trade finance, and is exploring blockchain-enabled
financial services.4
Corporate lending unbound
Lengthy settlement periods – often 20 days or more – are a drag on corporate lending, tying up capital and
exposing banks to new and nimbler competitors. Smart contracts on blockchains promise to dramatically
reduce the time to settlement. As blockchains evolve to cross industries and more immediately verifiable data –
including real-time access to assets and other forms of collateral – is captured and shared with banks, the pool
of borrowers could expand to include the many small and medium sized enterprises that are locked out of
credit today.
A more radical model, direct peer-to peer lending on a blockchain, is already being tested by microenterprises
and could prove applicable to larger institutions that want to expand their customer bases. The peer-to-peer
model, of course, could also threaten those incumbent banks that move too slowly.5
of small and medium enterprises
don’t have access to the financing
they need – a credit gap estimated at
USD 2 trillion6
11. Leading the pack in blockchain banking – Trailblazers set the pace | 1111
Reference data monetized
Real-time data synchronization creates entirely new opportunities to monetize data and create new financial
services. Credit Mutuel Arkea has already pulled data from multiple systems to integrate its identity and KYC
data on a blockchain. It has identified operational benefits that it believes will boost the bottom line and also
heighten customer satisfaction. Credit Mutuel Arkea expects that it will some day provide new proof of identity
services to third parties, including utilities, retailers and other regulated service providers.7 As blockchains
become more common in other industries, the reference data that banks possess could drive the next
generation of financial services.
New business models will take many forms and evolve as organizations work with regulators to establish new
processes and platforms. One thing is certain: Disruptors have found a new platform; they’re moving faster
than most anticipated, and they’re poised to break new ground.
Opportunity seekers (continued)
“Blockchain is a transformative agent in our
operational application, as proven by this project –
the first of its kind in France. This pilot offers a
complete view of customers’ documents across our
distributed network.”
Frédéric Laurent, COO Innovation & Operations,
Crédit Mutuel Arkéa
12. Leading the pack in blockchain banking – Trailblazers set the pace | 12
Investmentby2018
Potential for disruption
High
Low
High
Consumer
lending
Corporate
lending
Deposit
takingMortgages
Trade
finance
Retail
payments
Other cash
management
Reference
data
International
payments
Return to growth
“Safe” bets On hold
Imminent revolution
Shifting profit pools
For some time, flat returns on equity have pressured banks to seek new sources of growth. First digital
startups, then fintechs and non-financial institutions squeezed into the market, raised the bar on customers’
expectations for ease, immediacy and cost – and began eroding share. Now, a leading group of banks, the
Trailblazers, have their sights set on regaining ground.
When the Trailblazers, those banks with the most hands-on experience in blockchain technology, scan
the horizon, they see something different than other banks – a wall of disruption heading toward them.
Trailblazers anticipate substantial disruption in five of the nine areas core to their business, including lending
and payments, the bread and butter of traditional banking (see Figure 9). By contrast, all other banks we
surveyed are counting on disruption in just two areas.
New vectors for
growth and
disruption
Figure 9. The great disruption: Areas of investment and disruption identified by Trailblazers
12
13. Leading the pack in blockchain banking – Trailblazers set the pace | 1313
Defending disruption
Because blockchains encourage trust, organizations can expand the number of enterprises with which they
transact. Smaller players and digital start-ups will have access to blockchain infrastructure that can make them
more competitive and trustworthy. These new competitors include institutions other than banks and are a
possible threat in two of the areas Trailblazers identified as most likely to be disrupted: deposit taking and retail
payments.
Corporate and consumer lending may be particularly vulnerable to new blockchain models. Because
blockchains are decentralized in form and governance they make possible direct transactions between
parties, disintermediating some and increasing the viability of peer-to-peer networks.
As blockchains span industries, new cross-industry ecosystems are sure to emerge. Banks will need to
determine which networks create the optimal opportunity to thrive – and acquire new customers, as well as
new types of data. In China, Xinyuan Real Estate, a real estate developer and property manager, unveiled in
July 2016 a new real estate finance blockchain platform that is supported by the Industrial and Commercial
Bank of China. The platform will include a network of institutions to, among other things, register, assess
and finance property. Developments like these portend a new approach to acquiring customers and
financing mortgages.8
Shifting profit pools (continued)
14. Leading the pack in blockchain banking – Trailblazers set the pace | 14
Figure 10. Set to spend: Areas of investment and disruption identified by all banks
Potential for disruption
High
Corporate lending
Deposit taking
Mortgages
Trade finance
Retail payments
Other cash management
Reference data
International
payments
Investmentby2018
Return to growth
“Safe” bets on hold
Imminent revolution
Consumer lending
High
Low
All banks concur that deposit taking is primed for disruption. Most don’t view the time, cost and risk benefits
posed by blockchains to be as high in deposit taking as they might be in other areas, but they agree on the
need to play defense and invest. The danger of disintermediation is being driven by fintechs and digital start-
ups that can entice customers by delivering a superior digital experience. Blockchain-enabled deposit taking
could prove to be pure defense – protecting the customer base – but like many activities in business, once a
chain of data and transactions is established on a blockchain and connected to other blockchains, it could
yield innovations as yet unimagined.
14
Investing for growth
Even those banks that anticipate little disruption are investing in areas where time and cost efficiencies,
as well as reduced risk, could spur growth (see Figure 10).
Shifting profit pools (continued)
15. Leading the pack in blockchain banking – Trailblazers set the pace | 15
Recommendations
To best extract value from blockchains, we recommend banks answer three questions:
How fast should we move?
Fifteen percent of those surveyed have already started. These Trailblazers are setting a fast pace and charting a
direction for early advantage. Mass adopters can look to Trailblazers for lessons learned but they should be
prepared to join them in real-world applications as soon as possible.
For many, regulatory complexity and constraints seem an impenetrable barrier to blockchain adoption (see
Figure 11). Regulators and legislators the world over are already participating in consortia to determine how
regulations might change – and regulators might benefit from blockchains. Leading banking institutions are
collaborating with regulators on blockchain projects to earn approval for implementation. Collaborations like
these are to be encouraged, and regulators have on the whole been supportive in their responses. Banks have
an opportunity to influence both the future regulatory environment and how fast new blockchain initiatives are
approved to enter the market.
How can we scale across business networks?
Once blockchains have scaled across multiple parties, they can begin to achieve the kind of network effects
that drastically reduce frictions that curb growth. Trailblazers are already working on the new business and
technology standards that are required to scale. Mass adopters should join them and begin building strong
partnerships, including consortia and other groups that have begun establishing business standards.
More than half of organizations still view immature technology as a barrier (see Figure 11), and 7 in 10 cite the
need for robust mechanisms to establish identity and a high degree of control over access. Security and privacy
standards will bring more participants into blockchain networks and drive scale.
15
Figure 11. Barriers to implementing
blockchains today
Among top 3 barriers
Regulatory constraints
Immature technology
Lack of clear ROI
Insufficient skills
Lack of executive buy-in
Insufficient business case
56%
54%
52%
46%
43%
51%
45%
47%
48%
55%
58%
49%
16. Leading the pack in blockchain banking – Trailblazers set the pace | 1616
45%
47%
48%
55%
58%
49%
How can we innovate with new revenue models?
As might be expected, our data shows that almost half of banks have already identified areas where a return
on investment is probable (see Figure 11). Banks that haven’t achieved this clarity of outcome should make
it a priority.
Consortia lay the groundwork for a better understanding of blockchains’ benefits, but many banks already
recognize that more focused collaborations with a few key partners is also necessary to innovate business
models. New revenue models must anticipate the potential for disruption in areas core to business today and
in the future. Whether defending each area or just a few, the surest offense is to focus early and fast on the
opportunity to implement new revenue models.
However the market evolves, blockchains will add at least one new revenue stream; the potential to monetize
reference data looms large. Banks should factor that into their thinking from the outset.
Recommendations (continued)
The Linux Foundation’s open-source
technology initiative, Hyperledger, has a
core focus on identity and permissions.
Institutions are working together on
Hyperledger to set the technology
standards that advance interoperability
across blockchains and help ensure that
blockchain platforms can evolve as
conditions change.
17. Leading the pack in blockchain banking – Trailblazers set the pace | 17
Notes and sources 1. Sofia. "ATB Financial, SAP and Ripple send the first real-time international blockchain payment from Canada to
Germany." Let's Talk Payments. July 22 2016. https://letstalkpayments.com/the-latest-blockchain-trials-and-
projects-the-race-for-adoption-in-on/
2. World Trade Organization. “Trade Finance and SMEs.” 2016.
https://www.wto.org/english/res_e/booksp_e/tradefinsme_e.pdf
3. Rizzo, Pete. “Bank of America Latest to Conduct Blockchain Trade Finance Trial.” CoinDesk. March 1 2016.
http://www.coindesk.com/bank-of-america-latest-to-develop-blockchain-trade-finance-trial/
4. Michael, Melodie. “Alibaba partners with e-lenders for trade finance.” Global Trade Review. March 13 2015.
http://www.gtreview.com/news/global/alibaba-partners-with-e-lenders-for-uk-trade-finance-service/
5. Quentson, Andrew. “China’s internet giant to roll out blockchain for payments,” CoinJournal. July 11 2016.
http://coinjournal.net/ant-financial-blockchain-tech/
6. Stein, Peer. “5 steps to closing the $2T credit gap.” World Economic Forum. October 26 2015.
https://www.weforum.org/agenda/2015/10/5-steps-to-closing-the-2-trillion-credit-gap/
7. IBM press release. “IBM and Crédit Mutuel Arkéa Pioneer the Use of Blockchain to Manage Customer Identity
and Improve Customer Satisfaction.” June 30 2016.
http://www-03.ibm.com/press/us/en/pressrelease/50087.wss
8. EconoTimes. “Xinyuan’s new real estate blockchain platform to launch in August.” July 19 2016.
http://www.econotimes.com/Xinyuans-new-real-estate-blockchain-platform-to-launch-in-August-237680
18. Leading the pack in blockchain banking – Trailblazers set the pace | 18
The study team would like to thank the following people for their contributions to this executive report: Steve Ballou
Kristin Biron, Jim Brill, Phil Enness, Angela Finley, April Harris, Christine Kinser, Anthony Lipp, Kathleen Martin,
Joni McDonald, Smitha Soman, Stephen Ott, Donald Thibeau, Idrissa Thioune and Anne-Marie Weber.
To learn more about this IBM Institute for Business Value study, please contact us at iibv@us.ibm.com. Follow
@IBMIBV on Twitter and for a full catalog of our research, visit: ibm.com/iibv
Access IBM Institute for Business Value executive reports on your phone or tablet by downloading the free “IBM IBV”
apps for iPad or Android from your app store.
Keith Bear, Vice President, Global Financial Markets
Nick Drury, Global Banking & Financial Markets Leader, IBM Institute for Business Value
Peter Korsten, Vice President, Global Thought Leadership and Eminence, GBS
Veena Pureswaran, Research Leader, Blockchain, IBM Institute for Business Value
Likhit Wagle, Global Industry General Manager Banking & Financial Markets; Industry Academy Member
James Wallis, Vice President, Global Payments Industry and Blockchain
Cuomo, Jerry, Shanker Ramamurthy, James Wallis et al. “Fast forward: Rethinking enterprises, ecosystems and
economies with blockchains.” IBM Institute for Business Value. June 2016. ibm.biz/blockchainstudy
Pureswaran, Veena and Dr. Robin Lougee. “The Economy of Things: Extracting new value from the Internet of
Things.” IBM Institute for Business Value. June 2015. ibm.biz/economyofthings
Pureswaran, Veena, Sanjay Panikkar and Sumabala Nair. “Empowering the edge: Practical insights on a decentralized
Internet of Things.” IBM Institute for Business Value. March 2015. ibm.biz/empoweringedge
Brody, Paul and Veena Pureswaran. “Device democracy: Saving the future of the Internet of Things.”
IBM Institute for Business Value. September 2014. ibm.biz/devicedemocracy
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Study team
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