What Is Blockchain?

Blockchain is an immutable shared ledger technology—a distributed structure for the parties doing transactions. It is a secure technology allowing participants to retain control without one central person obtaining full control, which is key, according to Rich de Moll, Vice President, Blockchain Solutions for Finance at IBM Cognitive Process Services.

Blockchain is built on trust, accountability, and transparency—and how it is utilized in today’s marketplace is already creating transformation, he added.


Suggested Articles

Why should business leaders be focused on being 4IReady?

What CFOs need to be aware of when it comes to the formulation of a data strategy

A new study finds that businesses are spending record amounts to combat hackers and criminals