tag:blogger.com,1999:blog-943061409344261913.post2055314541097390823..comments2016-05-01T23:46:42.255-04:00Comments on IS 251 @ Loyola University in Maryland: IBM Adapts Bitcoin Technology for Smart ContractsUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-943061409344261913.post-14858746268831528732015-09-28T16:55:02.793-04:002015-09-28T16:55:02.793-04:00After reading this post, I am intrigued by the man...After reading this post, I am intrigued by the many uses this IBM seems to provide businesses. Connecting banks to businesses would provide businesses with the opportunity to streamline their processes and run more efficiently; however, I am curious as to how they will do this safely, since all networks have the ability to be hacked. The ability to connect two international companies through this new technology; however, this high-tech system may not be available in many countries that are just starting to establish trade relations over the internet. Not all countries have the constant access to the internet like we do here, limiting their ability to utilize this technology. Not having the ability to use it could make companies in that nation less competitive than those in more developed nations. The idea of implementing this system into normal consumer banking does seem like a good idea to me. Banking can become tedious for the average middle class person, so anything that could smooth out the process would be beneficial. Before extending the service to consumers, the service should be tested more in order to prove its security. Nicole Postighonehttps://www.blogger.com/profile/15797163202360663295noreply@blogger.com