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What is blockchain and how does it work?

Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).

What is an example of a blockchain use case for supply chains?

A good example of a blockchain use case for supply chains is IBM. IBM offer their own supply chain solutions through the use of smart contracts. These smart contracts will only trigger when predefined conditions are met, for example, upon the delivery of goods.

What are examples of blockchain technology in real-world?

Examples of Blockchain Technology In Real-World Blockchain is a very reliable way of storing data about different types of transactions. Deloitte recently surveyed 1,000 companies in seven countries about integrating blockchain into their business operations.

What is IBM Blockchain platform?

The IBM Blockchain Platform is powered by Hyperledger technology. This blockchain solution can help turn any developer into a blockchain developer. Visit the Hyperledger website for details. Can I deploy on any cloud I want?

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