Blockchain and IoT – How they work together

Blockchain became popular as the engine driving bitcoin and other virtual currencies; however, it seems to be more than this, especially when it comes to the potential of blockchain to transform and to modernize the global economy. In many ways, blockchain and IoT are a perfect pair. Blockchain is currently securing the most valuable cryptocurrencies …

emBlock – Blockchain for Lending and Trade Finance

Process inefficiencies in payment methods like letters of credit and Bills of lading often undermine the ability to mitigate risk. But by modeling payments as self-executing contracts on blockchain, parties across the trade finance continuum could automate contract compliance and ensure faster assured payments by preventing disputes that arise from ambiguities in payment contract terms …

emBlock: KYC on a Hyperledger Fabric

Financial institutions spend an average of $60 million per year on KYC compliance! Know your customer (KYC), while very useful for preventing and tracking crime, can also be a major burden for financial institutions and large customer-facing enterprises. The reason is because complying with KYC regulations is time consuming and expensive. More importantly, there’s a …