February 03 - 16:02
183D
IBM's latest blockchain tackles labour contracts
IBM is using blockchain to smoothen out its casual labour contracts. It is leveraging the technology to track time sheets, purchase orders and secure approvals. "One of the biggest pain points of all suppliers of contractors is invoice reconciliation. Blockchain lives in the spaces where there is friction and discrepancy," said Burton Buffaloe, a blockchain lead at IBM.
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