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What’s Up With Blockchain?

Blockchain

Maybe you’ve just heard about blockchain, but aren’t entirely sure what it is. Maybe you have a keen understanding, but are looking for more information on how you can benefit from it. Wherever you are in your journey, we’re here to help demystify the technology and offer some perspective on where it’s going and how you can benefit. Along the way, we’ll give some examples of how companies such as IBM are collaborating to advance the technology across industries.

It Start with Ledgers

Doing business can involve a lot of people and organizations, especially in today’s connected world. Think about the journey simple coffee beans can make:

  • The coffee beans are harvested by growers.
  • Growers sell the coffee beans to brewers.
  • Growers and brewers work with shippers to get the beans where they need to go.
  • Brewers make delicious cups of coffee and sell them to customers.

Growers, shippers, brewers, customers. Let’s also add in banks and certifiers and coffee critics—it’s a lot to track. And that’s where ledgers come in, to keep track of these transactions.