Tagged: smart contracts

Real-World Applications of Blockchain to Compliance (Part II of II)

The financial industry has embraced the future of blockchain technology.  And for good reason.  As a regulated industry that is required to provide regulators with large amounts of financial data, blockchain can make that process pain-free. Financial institutions have to collect, organize and deliver large amounts of risk data to federal regulators.  Much of the information has been stored in “older” information technology systems and/or...

The Revolution of Blockchain and Compliance (Part I of II)

I am not one to engage in hyperbole.  But when it comes to blockchain technology and the implications for our economy, this is going to be the real deal.  In the world of ethics and compliance, blockchain has many possible applications that could easily transform compliance capabilities. To show my age, let’s go back into time and remember when we all were buying personal computers...