{"id":1798,"date":"2018-08-06T13:28:32","date_gmt":"2018-08-06T20:28:32","guid":{"rendered":"http:\/\/intuitblog.com\/?p=1798"},"modified":"2022-11-14T19:18:15","modified_gmt":"2022-11-15T03:18:15","slug":"intuit-innovation-lab-automating-business-transaction-workflow-using-blockchain","status":"publish","type":"post","link":"https:\/\/www.intuit.com\/blog\/innovative-thinking\/intuit-innovation-lab-automating-business-transaction-workflow-using-blockchain\/","title":{"rendered":"Intuit Innovation Lab: Automating Business Transaction Workflow Using Blockchain"},"content":{"rendered":"<p><i><span style=\"font-weight:400;\">To explore how emerging technologies can further enhance our customers\u2019 experiences, we hosted our first-ever Innovation Lab in San Francisco \u2013 an evening dedicated to shaping the future of FinTech through conversations with industry leaders, and demonstrations of experiments featuring different applications of emerging technologies like artificial intelligence, machine learning, behavioral science, emot<\/span><\/i><i><span style=\"font-weight:400;\">ion recognition, and blockchain.<\/span><\/i><\/p>\n<p><span style=\"font-weight:400;\">+++++<\/span><\/p>\n<p><span style=\"font-weight:400;\">For this exploration into how blockchain can make business more efficient and anxiety-free, Ashish Kumar Mishra employed blockchain to create a smart contract that automates the workflow of a typical business transaction. This helps alleviate stress over agreeing on terms and conditions, allowing for smoother, streamlined transactions.<\/span><\/p>\n<p><span class=\"youtube-player embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player youtube-player\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/Mzgw4vCYXR8?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n<p><span style=\"font-weight:400;\">This is just one example of how blockchain can power complex transactions and turn them into simple, seamless customer experiences, and we look forward to continued experimentation with how emerging technologies like this can help us innovate new solutions for our users.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To explore how emerging technologies can further enhance our customers\u2019 experiences, we hosted our first-ever Innovation Lab in San Francisco \u2013 an evening dedicated to shaping the future of FinTech through conversations with industry leaders, and demonstrations of experiments featuring different applications of emerging technologies like artificial intelligence, machine learning, behavioral science, emotion recognition, and<\/p>\n","protected":false},"author":128776340,"featured_media":1799,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rkv_browse_by_id":0,"rkv_cta_id":0,"rkv_optimize_for_pagespeed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"useModifiedDate":false,"customPublishDate":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[237496403,237496410,237496409],"tags":[1453,21818323],"intuit_collection":[],"intuit_series":[],"coauthors":[237496056],"class_list":["post-1798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-innovative-thinking","category-small-business","category-tech-innovation","tag-blockchain","tag-data-science"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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