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.

Following our June 2016 cross-industry report, “Fast forward,” the IBM Institute for Business Value, supported by the Economist Intelligence Unit, conducted a global survey of over 1,000 executives in banking, financial markets, healthcare, government, electronics, supply chain and IoT. Read insights below on how business networks in your industry will be transformed and how to approach blockchain solutions.

Blockchain for banking

Blockchain for banking

Leading the pack in blockchain banking:
Trailblazers set the pace

Blockchain for electronics

Blockchain for electronics

Blockchain benefits for electronics:
Taming complexity with better supply chain visibility

Blockchain for financial markets

Blockchain for financial markets

Blockchain rewires financial markets:
Trailblazers take the lead

Blockchain for government

Blockchain for government

Building trust in government:
Exploring the potential of blockchains

Blockchain for healthcare

Blockchain for healthcare

Healthcare rallies for blockchains:
Keeping patients at the center

Download an IBV Expert Insights blockchain report

Trust in trade

Trust in trade

Toward stronger supply chains

IBV Expert Insights reports represent the opinions of experts on newsworthy business and related technology topics. They are developed by conducting a series of interviews with subject matter experts, and compiling their insights into a provocative, practical and prescriptive point of view.

Experts on this topic

Dave Lubowe

Dave Lubowe
Partner and Vice President, North America
Digital Operations

Brigid McDermott

Brigid McDermott
Vice President, Blockchain Business
Development

Study highlights

Today, three types of frictions - information, interaction and innovation - are a drag on efficiency.

Five attributes that are fundamental to blockchains have the potential to vaporize the frictions that hold us back today.

Monumental business model changes enabled by blockchains could transform: the science of organizational management, the tightening of trust and the economics of wealth creation.

Study team

Jim Brill

Jim Brill
Director, Marketing and Communications,
Financial Services Sector

Jerry Cuomo

Jerry Cuomo
IBM Fellow, Vice President,
Blockchain Technologies

Ramesh Gopinath

Ramesh Gopinath
Vice President,
Blockchain Solutions and Research

Peter Korsten

Peter Korsten
Vice President,
Global Thought Leadership and Eminence, GBS

Brigid McDermott

Brigid McDermott
Vice President,
Blockchain Business Development

John McLean

John McLean
CTO Europe and Vice President,
Blockchain Technologies

Veena Pureswaran

Veena Pureswaran
Research Leader, Blockchain,
IBM Institute for Business Value

Shanker Ramamurthy

Shanker Ramamurthy
CTO and General Manager,
Strategy and Solutions, GBS

James Wallis

James Wallis
Vice President,
Global Payments Industry and Blockchain

Executive sponsors

Sarah Diamond

Sarah Diamond
General Manager, Global Consulting Services,
IBM Global Business Services

Arvind Krishna

Arvind Krishna
Senior Vice President and Director of IBM Research,
IBM Research

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