One of the areas where blockchain is being applied is in the simplification of the bank guarantee process. It’s a complex, paper based process that can take up to a month to issue due to the fact that multiple parties are often involved.
With Lygon, IBM is working with major banks and retail landlord Scentre Group to create a blockchain solution that can get that timeframe down to days.  
 

One of the areas where blockchain is being applied is in the simplification of the bank guarantee process. It’s a complex, paper based process that can take up to a month to issue due to the fact that multiple parties are often involved.
With Lygon, IBM is working with major banks and retail landlord Scentre Group to create a blockchain solution that can get that timeframe down to days.&nbsp; &#10;&nbsp;<br>

Tech is reshaping the world. Forward Slash is a podcast series about how massive change and technology are colliding in our present moment.

Change is coming faster than ever in 2020 as a global crisis forces the world to grapple with a host of issues. New vaccines. New ways to work. Entirely new industries. So how can technology help us steer through the turbulence, and perhaps even land on a fairer, safer future?

Change is coming faster than ever in 2020 as a global crisis forces the world to grapple with a host of issues. New vaccines. New ways to work. Entirely new industries. So how can technology help us steer through the turbulence, and perhaps even land o...

Forward Slash

One of the areas where blockchain is being applied is in the simplification of the bank guarantee process. It’s a complex, paper based process that can take up to a month to issue due to the fact that multiple parties are often involved.
With Lygon, IB...

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