In today’s digitally networked world, no single institution works in isolation. And because of this, failure of business systems and processes increasingly originates from a complex mix of social and technical factors. These include system integration, data capture, and human error or omission. In this blog, we explore how IBM Maximo Network on Blockchain can help.
As we race to capture and create new value, optimize business ecosystems, and reduce risk, our systems need to become more adaptive and resilient. They must adapt to manage complexity introduced by broader computing and partnering ecosystems, including new interactions driven by the IoT and AI.
One way of being more adaptive is to address system diversity using innovative technologies like blockchain. By infusing business networks with blockchain technology, diverse systems can interact seamlessly. Processes can transcend individual organizations, eliminating issues created by inefficiencies or lack of trust and transparency. All of these improvements can streamline the exchange of value along your ecosystem.