December 1, 2017
Market Activity and Trends
Shinhan Bank to Build Cryptocurrency Wallets
Coin Telegraph | November 25, 2017 | https://goo.gl/eAkGWG
Korea’s second largest bank, Shinhan Bank, is building cryptocurrency wallets for customers to store their digital assets. The new service provides a more secure service than what is currently available. Shinhan’s recent developments come following a data breach of around 30,000 users after Bithumb servers crashed in November.
Shinhan Bank plans to offer deposits to be made without a fee, while withdrawals will charge a fee. The bank elaborated on this stating that, “it is a service that keeps the Blockchain key through the virtual safe provided by the bank. We are looking for ways to provide a free service when depositing and charge a fee when withdrawing.”
Another Blockchain Exchange-Traded Fund Emerges
Coin Desk | November 29, 2017 | https://goo.gl/MVLfFy
A new U.S. Securities and Exchange Commission (SEC) filing has been completed by Horizons ETFs Management for a blockchain exchange-traded fund (ETF). For the companies included in the fund, Horizons’ Blockchain Index will invest at least 80 percent of its assets in the common stock of these companies. The new index will invest in securities and companies that are actively adopting blockchain technology.
Replication strategy will be used by Horizons ETFs Management to track the index. This strategy involves investing the common stock in the index proportional to its weighting. Profit will be accrued through companies poised to grow due to blockchain. Horizons filing is an addition to the two other blockchain ETFs filed with the SEC earlier this month.
Samsung Inks Deal with Seoul Government for Blockchain Platform
Coin Desk | November 27, 2017 | https://goo.gl/br9t7H
The IT subsidiary of Samsung is establishing a blockchain-based platform to support the public sector. The Seoul Metropolitan Government is developing an information strategy plan and will use blockchain to help with administration tasks across welfare, public safety and transportation.
This is all to increase transparency and improve convenience for the public in Seoul by 2022. By using blockchain technology, Seoul’s government hopes to establish itself as a “top-rate global city.”
Blockchain Education
IBM Blockchain Foundation Developer Course
We are excited to accounted the IBM Blockchain Learning site is now live, featuring a new IBM Blockchain Foundation Developer Course. Stay tuned for more courses and sessions coming in the next couple weeks!
IBM Blockchain Foundation Consulting Course
Continue to follow the IBM framework, please take this course building upon your consulting knowledge. Stay tuned for more courses and sessions coming in the next couple weeks!
BlogChain: Machine Wallets & Machine-to-Machine Transactions
By Jack O’Brien and Will Quaranta
The modern banking system is built on the assumption that transactions take place between two humans participants, but it’s time for a change. Advances in blockchain technology have led to the creation of machine wallets, which allow preprogrammed or autonomous machines to complete monetary transactions without human intervention. This successful technology is already giving way to a model of machine-centered businesses, so you might be wondering how will it affect you in the coming years?
Inside the Most Disruptive Technology Since the Internet
Blockchain is coming. Like the internet before it, this new shared digital infrastructure is set to transform the economy and revolutionize how you consume media, how you communicate online and even how you vote. So strap in with OZY, and let us catch you up on what it all means and then vault you ahead to the next big cryptotrends.
Blockchain @ IBM Storytelling Team
Blockchain Part I: Evaluate, Engineer, Execute
Pramod Achanta | August 24, 2017
Blockchain Part II: Engineering Transformation; Building out the Blueprint
Pramod Achanta | September 8, 2017
Blockchain Part III: Execution; Breathing Life into Blueprints
Pramod Achanta | September 15, 2017
Blockchain @ IBM Institute for Business Value
Driving changes
Automation, digital commerce and the Internet of Things are redefining vehicle operation, usage and ownership models.
Advancing blockchain
In this IBM Institute for Business Value Expert Insights report, we share some lessons from a successful, ongoing blockchain initiative between CLS and IBM.
An expanding market
Central banks and financial system regulators around the world are asking themselves how blockchain is going to change their technology underpinnings and those of the commercial banks and financial institutions they regulate. These executives are especially concerned about the non-functional requirements for blockchain.
Tuned to trust
The current model for managing identity is quickly becoming unsustainable — costly, disjointed and all too fallible. Blockchain, the technology underlying distributed ledgers shared across a scalable group of individuals and institutions, takes a new approach. How should organizations approach this new opportunity?
Transparency that engenders trust
There is no doubt that blockchain is about bringing trust to transactions. For almost any supply chain — be it food, medical records, precious gems and minerals, real estate or credit default swaps, to name a few — success depends on the promise of transparency and auditability for all participants.
Fast forward
For centuries, global trade has been the single greatest creator of wealth in human history and market friction the greatest obstacle to wealth. Blockchain technology –which creates a permanent and transparent record of transactions –has the potential to obviate intractable frictions across industries.
Our Contributors
Disclaimer: The postings are of our contributors and don’t necessarily represent IBM’s positions, strategies or opinions.
