IBM (NYSE:IBM) has announced an initiative to build a distributed ledger technology, or DLT, based architecture to underpin the digital pension system for Bangladeshi primary school teachers.
The proof-of-concept comprises a permissioned network of teachers and other stakeholders powered by the IBM Blockchain Platform, with pension information uploaded to the blockchain to ensure tamper-resistant record-keeping and offer security assurances to teachers participating in GBB’s e-pension system.