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Because you don't use a blockchain unless you really need it.
Despite some of the hype, blockchains are "incredibly inefficient," "It's worth paying the cost when you need the decentralization, but it's not when you don't."
India's largest lender State Bank of IndiaBSE -2.83 % will roll out beta launches of blockchain-enabled smart contracts by next month, according to Sudin Baraokar, head of innovation, SBI. Read more at://economictimes.indiatimes.com/articleshow/61715860.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
On 22 February, ING and Société Générale Corporate & Investment Banking presented blockchain prototype testing results coinciding with IP Week in London together with trading house Mercuria.
Daimler AG and Landesbank Baden-Württemberg (LBBW) for the first time have jointly used blockchain technology to execute a financial transaction. Daimler and LBBW successfully tested this innovative technology for capital markets in parallel with the process that is required by regulatory authorities
YOUR GATEWAY TO FINTECH IN EUROPE
We host Fintech firms in our co-working facility and support them and our members in their growth. We partner with larger corporates from the financial services and technology industries to help them meet their innovation goals as well as to access the right people and resources. We also enable venture capital firms / investors, government agencies, financial services / fintech associations to fulfil their Fintech ambitions.
Frank Yiannas, Walmart's Vice President of Food Safety, explains how Walmart can track food products through its supply chain using the IBM Blockchain Platform. To learn more, visit ibm.com/blockchain/supply-chain
Using technology based on blockchain architecture, Visa B2B Connect simplifies this process by sending transactions over Visa’s network from the bank of origin directly to the recipient bank.