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March 8, 2017

The Beacon Beckons: Banks and the Internet of Things

Posted by Pramod Krishna Kamath (View Profile | View All Posts) at 8:35 AM

Has the milk-ordering-refrigerator symbolism of the Internet of Things distracted other businesses from seeing its true significance? As an example, consider the banking industry, which hasn't paid much attention to the IoT so far. A leading analyst's prediction that about half of all sensors installed by 2020 could be relevant to financial services, should make them sit up and take notice. 

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March 6, 2017

Blockchain: The Race to Production Begins

Posted by Pramod Krishna Kamath (View Profile | View All Posts) at 7:38 AM

In the past year the banking industry has been buzzing with the benefits that blockchain technology offers and progressive banks took a step further to implement blockchain pilots to test out these benefits. 2017 is going to be the year when blockchain will move out of its pilot phase, and into production. This is going to be the year when blockchain will be mainstream, and the giants of the financial services industry have already indicated that blockchain is here to stay.

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Blockchain in Banking: Moving from Hype to Reality in 2017

Posted by Pramod Krishna Kamath (View Profile | View All Posts) at 6:44 AM

Blockchain has been a topic of discussion ever since its inception in 2009 as the underlying technology for Bitcoin. The industry has seen intense debate and deliberation on the potential of blockchain, with many claiming, that it is as foundational, as the internet. Some banks state that they have moved past deliberation stage on blockchain, and are starting proof of concepts around this technology. 

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