Blockchain has the potential to change the way we trust in business.
Trust is the fundamental currency of commerce.
7+ billion people on this planet trust each other enough to transact over $100T each year.
Remove trust and modern life grinds to a halt.
By 2020, the world will have 50B smart devices we will be expected to trust.
Let’s look at typical ledger technology today...
Ledgers are used globally and are a fundamental way we go about storing transactions today. The problem with today’s ledgers is that they can easily be changed and manipulated. They are not tamperproof.
The Immutable Ledger
How Blockchain Works
Blockchain & Real Estate
Intermediaries (escrow agents, title companies, etc.) are used to deliver the trust we require when two or more parties enter into a transaction, such as purchasing a home.
Intermediaries assist with building trust, but only get us part way to full trust. Because today’s ledgers are not tamperproof, there is a trust gap. Blockchain-based ledgers fill this gap.
Ideanomics and Blockchain
A New Infrastructure
Blockchain allows us to develop innovative ways in which to transfer value, create next-generation applications and drive positive change across industries and communities alike. Blockchain is the technology that enables us to operationalize high-value transactions across a number of sectors.