Factom is an established public blockchain solution to provide trusted data to users, enterprises, and governments. It has validated over 64 million records to date. Factom has created its own blockchain

The challenge becomes that because no-one owns cryptocurrencies – because they are decentralised – you have no recourse to anyone to say, “Please send it back.”

Once the infrastructure is built, subsequent application layers can be built on top. For example, web browsers were built on top of the initial internet protocols.

Storj is a very interesting technology that a number of cryptocurrencies are trying to emulate. Storj is decentralised cloud storage, where files can be stored across a decentralised network. The idea

When we looked at the case of smart contracts in international trade, we looked at the idea of payment being made automatically once a ship and its containers had crossed into Chinese waters. Again, we have the situation that, in theory, this works well when things go well, but what happens when they go wrong? What would be the implications if the

They partner with local banks that: Have the relevant local licences Have established relationships in local markets Understand the local regulations Understand the local commercial and banking laws and Understand the local compliance requirements.

Neither of these can be sustainable in the longer-term, and blockchain-based technologies may help shift the balance of power to a model of enhanced copyright protection and fair revenue-based models based on new distribution structures.

contracts within International Trade Finance. There are consortia of international banks currently looking at ways of replacing the highly paper-intensive and manual process associated with International Trade Finance.

A supply chain looks at the nature of the components that make up a product. As we have seen above, because the blockchain can provide an auditable & transparent process to defining events and even assets, it can be used to define supply chain components.