Blockchain is a technology for data management that allows digital information (the block) to be stored and distributed in a public database (the chain) that’s validated by a wider community rather than a central authority.
What is Blockchain?
Benefits that Set Blockchain Apart
Legacy systems of record for everything, from payments to supply chain data, lack transparency and rarely deliver on the real-time promise of digital. When applied to certain use cases, blockchain’s benefits are extremely powerful, even revolutionary:
Blockchain’s Impact on the Enterprise
Analysts expect blockchain’s distributed ledger technology to make a huge impact on the enterprise in the next decade. Here’s what a couple of them are saying:
How Blockchain Impacts Your Industry
Blockchain has thousands of use cases ranging from payments to supply chain traceability. Here are a few of them across multiple verticals that EPAM has researched and validated as having tremendous potential on the blockchain:
Blockchain vs. Bitcoin: Differences Explained
Read the blog to learn the differences and similarities between blockchain and bitcoin.
In the News
CIO Strategies for COVID-19 Require New Long-Term IT Planning
EPAM announces their partnership with Fnality to deliver payment-on-chain to support tomorrow’s wholesale banking requirements.
EPAM Partners with Fnality to Develop Next-Generation Blockchain-Based Payment Systems
Could Blockchain Help Improve KYC Data Management & Compliance?
Fluid Dynamics: The First Steps in the Changing Liquidity Landscape
In the News
Wall Street Blockchain Alliance Adds New Corporate Members
EPAM joins the Wall Street Blockchain Alliance, an industry leading non-profit trade association.