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IBM�s Marc Geiger and Bitcoin Association�s Bryan Daugherty - CoinGeek TV Ep:5IBM Blockchain Platform is an integrated business-ready platform that addresses the full lifecycle (develop, govern, and operate) of a multi-organization. Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution. Blockchain enables real-time, multi-party tracking and management of bank guarantees and letters of credit.
