Banks and other financial institutions are adopting blockchain technology “dramatically faster” than initially expected, with 15 percent of top global banks intending to roll out full-scale, commercial blockchain products in 2017, IBM said on Wednesday. The technology company said 65 percent of banks expected to have blockchain projects in production in three years’ time, with larger banks – those with more than 100,000 employees – leading the charge. IBM, whose findings were based on a survey of 200 banks, said the areas most commonly identified by lenders as ripe for blockchain-based innovation were clearing and …
Banks adopting blockchain ‘dramatically faster’ than expected: IBM
More of Today's Solutions
The Great Bubble Barrier: bubble curtains are intercepting 86 percent of rive...
BY THE OPTIMIST DAILY EDITORIAL TEAM Rivers are how plastic gets to the ocean. Stop it there, and you stop it for good. The ...
Read MoreIndia connects 124 million rural homes to tap water
BY THE OPTIMIST DAILY EDITORIAL TEAM Six years ago, fewer than one in six rural homes in India had a tap water connection. As ...
Read MoreThe biodegradable, self-cleaning fabric made from living caterpillar fungus
BY THE OPTIMIST DAILY EDITORIAL TEAM The sustainable fashion industry has spent years trying to reduce harm: less water, fewer synthetic chemicals, more recycled ...
Read More7 plants with super air-purifying powers
Houseplants are all great natural indoor air purifiers, but some are especially effective for improving indoor air quality. Here are seven houseplant varieties that ...
Read More
