Where does blockchain fit into an innovation strategy?
Blockchain technology has the potential to universally reshape the way business transacts across nearly every industry in the global economy.
The key benefits of blockchain technology are the distributed infrastructure’s ability to share information that is secure and provide for the unalterable transfer of data– ensuring data integrity. This makes the technology an important tool in building trust among business and consumers. Both can provide and access accurate data about transactions across nearly every financial service industry from retail banking to insurance to investment banking to public financing.
Understanding when and how to build from blockchain technology’s inherent strengths – including asset creation, asset transfer, and data reconciliation – will separate the winners and losers as the financial services industry moves from exploration to application.
Muni Blockchain on Bond Intelligence Inc.
Blockchain offers a new approach to enhancing transparency and collaboration between governments, business, and citizens. By registering assets and recording ownership changes on a distributed shared ledger, the quest for transparency and the right to privacy needn’t be at odds.
Bond Intelligence Inc. solution will provide extensive value to all parties by interconnecting applications, microservices, and cloud offerings with a blockchain infrastructure. In addition, visual analytics and machine learning will be leveraged by the platform to find insights and patterns in blockchain and non-blockchain data. Finally, streaming analytics will be used to generate insights and patterns to new events in the municipal bonds blockchain infrastructure.