Link: Walmart, IBM, and blockchaining the supply chain

A longer piece, including some alternative suggestions from Gartner:

‘When it comes to supply chains, Valdes believes that blockchains could play an important coordinating role. “If you have a fragmented business ecosystem, with many parties who don’t know each other but need to do business, then they could collaborate through a blockchain,” he says. But there’s a catch. “It’s a ‘boil the ocean’ problem,” he says, meaning that it’ll take fundamental shifts in an industry for adoption to take place. Optimistically, he says, it would take a decade for the industry to rearrange itself so that everyone was logging interactions on a blockchain.

‘Valdes argues that a company as dominant as Walmart doesn’t need its suppliers on a blockchain. It can simply ask its vendors to use whatever system it chooses. “They have been very successful because over the years they have built a robust system of record for their supply chain,” he says. “If you were a supplier to them, you would happily accept their centralized version of the truth.”’
Original source: Walmart, IBM, and blockchaining the supply chain

Link: Whoa, Gartner drops a truth bomb: Blockchain is overhyped and top IT bods don’t want it

“In its annual survey of IT leaders, the analyst firm found that just 1 per cent are already using blockchain and only 8 per cent plan to experiment with it in the short term.

“In contrast, a third of the 293 respondents said they had no interest in blockchain, and a further 43 per cent said they had no action planned but the tech was “on the radar” – hardly surprising given that it’s thrown into just about every product announcement going.”
Original source: Whoa, Gartner drops a truth bomb: Blockchain is overhyped and top IT bods don’t want it

Link: After Months of Development, B3i’s Blockchain Prototype Is Ready for Testing

More using blockchain for tracking and validating insurance policies:

“With the advent of smart contracts, distributed ledger technologies, and cryptography, we believe we can speed up the insurance transaction through the elimination of redundant and replicated processes, higher speed of execution and greater transparency,” Slaughter added.

Paul Meeusen, Swiss Re’s head of Finance and Treasury Services, explained that the prototype has been taken through robust testing and B3i has observed “efficiency gains in the order of 30 percent, by taking out unnecessary reconciliation, duplication of work and waiting time.”

The prototype application takes a property cat excess of loss contract, puts it on a shared ledger where terms are agreed in real time. “We see who has signed what line, paid what premium and reimbursed what claim, in one single version,” he explained.
Original source: After Months of Development, B3i’s Blockchain Prototype Is Ready for Testing

Link: Insurance industry making the leap to blockchain

Using the decentralized, assertion verification system in blockchain stuff to keep track of insurance policies across geographic and company boundries:

“The distributed ledger is a permanent, secure tool that makes it easier to create cost-efficient business networks without requiring a centralized point of control. With distributed ledgers, virtually anything of value can be tracked and traded,” the foundation said in a 2015 statement. “Distributed ledger systems today are being built in a variety of industries, but to realize the promise of this emerging technology, an open source and collaborative development strategy that supports multiple players in multiple industries is required. This development can enable the adoption of blockchain technology at a pace and depth not achievable by any one company or industry.”
Original source: Insurance industry making the leap to blockchain

Link: Liberty Mutual embraces AI, blockchain

“The Boston insurer is also testing blockchain software to develop a platform intended to create an audit trail and move money across the business faster, Scerbo says. Blockchain could eventually present carriers with the opportunity to pair the ledger technology with IoT to avoid fraud using connected-car sensors and smart home devices increasingly being adopted by consumers. Collected information would be sent to the blockchain, where it would be distributed to a slew of computers with no need for a middle man.”
Original source: Liberty Mutual embraces AI, blockchain

Link: ‘Blockchain’ is meaningless, government edition

A laundry list of other content about blockchain in government.

‘Lemieux is also well-acquainted with misconceptions about the capabilities of blockchains. “The concept of trustworthiness — at least from an archival science perspective — goes far beyond what the blockchain can do, or even promises to do, in most cases,” she said. This idea implies that records are accurate, “which is not something typically in scope of a good number of blockchain solutions” and exaggerates their reliability, which is an “issue if you have poorly written smart contracts or novel and untested consensus algorithms.” It also exaggerates claims of authenticity, which relies on the robustness of whatever identity system is paired with the blockchain. “Finally, immutability implies permanence, and there’s no guarantee that ledger records created and kept on chain will last, even with lots of copies around, because of technological obsolescence and the fact that incentives to keep the system going may die off after a time,” she said.’
Original source: ‘Blockchain’ is meaningless, government edition

Link: Finally, a more coherent IBM story?

‘IBM is pushing their cloud hard than ever before. Even though it is mostly IBM Cloud Private, this is the first time I heard a more consistent hybrid cloud story. They have moved away from OpenStack (completely) and CloudFoundry (for the most part) and building a good hybrid cloud story using Kubernetes. Both he product team and services team seem to be quite excited about the opportunity Kubernetes offers them. Kubernetes on Bare Metal as a service is a step in the right direction. Unlike OpenStack and, to some extent, CloudFoundry, Kubernetes gives IBM a chance to have a more unified story from their infrastructure assets to middleware assets. Their “One Cloud Architecture” push is directed in this direction and helps IBM tell a consistent story across their entire portfolio.’
Original source: Finally, a more coherent IBM story?

Link: Finally, a more coherent IBM story?

‘IBM is pushing their cloud hard than ever before. Even though it is mostly IBM Cloud Private, this is the first time I heard a more consistent hybrid cloud story. They have moved away from OpenStack (completely) and CloudFoundry (for the most part) and building a good hybrid cloud story using Kubernetes. Both he product team and services team seem to be quite excited about the opportunity Kubernetes offers them. Kubernetes on Bare Metal as a service is a step in the right direction. Unlike OpenStack and, to some extent, CloudFoundry, Kubernetes gives IBM a chance to have a more unified story from their infrastructure assets to middleware assets. Their “One Cloud Architecture” push is directed in this direction and helps IBM tell a consistent story across their entire portfolio.’
Original source: Finally, a more coherent IBM story?