#IBM News

DeFi Infrastructure Providers Find It Hard to Keep up with User Demand

Switzerland: Custody Firm to Offer DeFi, Proof-of-Stake Services to Banks

April 14, 2021 by Aisshwarya Tiwari at DeFi

Traditional banks are steadily dripping their feet in the DeFi waters. METACO to Offer DeFi Services to Banks According to a Coindesk report published on April 13, Swiss crypto custody firm METACO is expanding its suite of services to enable clients to get exposure to more niche landscapes within the...

Moderna and IBM to Jointly Explore Blockchain Technology for Vaccine Traceability

March 8, 2021 by Aisshwarya Tiwari at Blockchain

U.S.-based pharmaceutical and biotechnology company Moderna has partnered with IBM to explore the use of emerging tech – including blockchain – for vaccine traceability. Using Blockchain to Track Vaccine According to a report by Ledger Insights published on March 6, American biotechnology firm Moderna has joined hands with IBM to...

Grayscale Acquires Almost 35 Million XLM as Institutional Interest in Stellar Grows

Grayscale Invests in 35 Million XLM Amid Rising Institutional Interest in Stellar

March 2, 2021 by Wayne Jones at Altcoins

Grayscale has been among the top institutions that have adopted cryptocurrencies over the past year to diversify their portfolio. In the last 30 days, Grayscale Investments hedge fund has acquired 35,855,625 XLM. Grayscale Investment in Cryptocurrencies The company also made purchases of 243,519 ETH, 174,939 LTC, and other altcoins in...

Australia Creates the First Blockchain-based Digital Bank Guarantee

February 10, 2021 by Dalmas Ngetich at Blockchain

Australia has executed the first digital bank guarantee on a private blockchain, Lygon, Australian Financial Review (AFR) reports on Feb 9. ANZ And Scenter Group Behind the First Digital Bank Guarantee The digital bank guarantee is between the ANZ Bank and Scentre Group. Both are members of the consortium that...

IBM has cut its blockchain team down to almost nothing, according to four people familiar with the situation

IBM Blockchain Unit Reportedly Carrying out Reorganization Amid Challenges

February 3, 2021 by Anthonia Isichei at Blockchain

Global tech firm IBM has reportedly laid off most of its employees in its blockchain sector, as the company is experiencing challenges with its revenue. Blockchain Arm Reportedly Facing Employee Exodus According to different sources familiar with the matter, IBM is reportedly carrying out a reorganisation, which has seen the...

DIA Migrates to IBM Cloud for Secure Decentralized Financial Data Protection

January 28, 2021 by Anthonia Isichei at Altcoins

Swiss-based decentralized finance (DeFi) protocol Dia — Decentralized Information Asset — has migrated to the IBM Cloud. IBM's cloud environment is touted as offering secure protection for critical DeFi service platform. DIA Taps IBM Cloud for Secure DeFi Data Implementation According to a joint press release issued by DIA and...

IBM and UBS Partner with German Car Producer to Develop Blockchain-Based Payment Solutions

IBM Unveils Blockchain-Based Health Pass to Tackle COVID-19 Pandemic

October 13, 2020 by Aisshwarya Tiwari at Blockchain

IBM wants to tackle the pandemic via blockchain. IBM Launches Blockchain-Based Health Verification System The COVID-19 pandemic has proved to be an unprecedented event in terms of myriad different facets of everyday life. Jam-packed music concerts, schools, and events seem like a distant dream in these testing times. IBM, however,...

IBM and Thai Blockchain Community Revamps Electronic Letter of Guarantee Platform

Blockchain-Powered Letter of Guarantee Platform in Thailand To Support All Businesses

October 5, 2020 by Dalmas Ngetich at Blockchain

Businesses in Thailand can now use a blockchain-based electronic letter of guarantee (eLG) platform and network by IBM and the Thailand Blockchain Community Initiative (BCI) following the expansion of scope as per an update on Sep 30. The Electronic Letter of Guarantee Platform The electronic letter of guarantee (eLG) platform was...

Alibaba On Its Way to Becoming Biggest Blockchain Patent Holder

September 18, 2020 by Dalmas Ngetich at Blockchain

A KISSPatent report on Sep 17 reveals that more blockchain patents were filed in H1 2020 than the whole of 2019 and Alibaba will soon eclipse the New York-based technology company, IBM, as a single largest holder of patents. In another twist, most blockchain patents were filed by traditional Fortune 500 companies and China...

Turkey: IBM and Maersk’s Blockchain Shipping Platform Onboards Major Terminals Operator

August 18, 2020 by Aisshwarya Tiwari at Blockchain

TradeLens, the blockchain-enabled digital shipping platform developed by IBM and Maersk has onboarded several major Turkish terminals. TradeLens Inks Deal with Turkey’s YILPORT Holding IBM and Danish logistics firm Maersk’s TradeLens supply chain and logistics platform has been gaining traction among entities aiming to mitigate the complexities and inefficiencies persisting...

Norway: Seafood Producers Tap IBM Blockchain for Supply Chain Traceability

June 26, 2020 by Aisshwarya Tiwari at Blockchain

In a recent press release, tech juggernaut IBM, and Sjømatbedriftene, the Norwegian Seafood Association, announced a cross-industry collaboration that leverages blockchain technology to share supply chain data throughout Norway’s seafood industry to provide safer, better seafood to consumers across the world. Tracking the Journey from Sea to Table The partnership between...

IBM, FDA, Blockchain Pilot Result Shows DLT’s Potential in Pharma Industry

May 5, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Tech giants, IBM, Merck, the Food and Drug Administration (FDA), and others who participated in the distributed ledger technology (DLT) pilot for the pharmaceutical industry have released the result of the project. The team says the pilot project has proved that blockchain technology can significantly reduce the time required for...

IBM to Develop a Blockchain-Based Solution for Scientific Researchers

New York’s Largest Health Group Joins IBM Blockchain Supplier Network

April 25, 2020 by Aisshwarya Tiwari at Blockchain

According to a Forbes report published on April 25, 2020, New York State’s largest health group with more than 800 hospitals, Northwell Health, has joined forces with IBM to join the latter’s blockchain network – Rapid Supplier Connect – to vet medical supplies from new suppliers to tackle the COVID-19...

IBM Launches “Farmer Connect” to Track Coffee Supply Chain via Blockchain

U.S.: Food Safety Watchdog Taps IBM Blockchain for Export Certifications

February 3, 2020 by Aisshwarya Tiwari at Blockchain

According to a Coindesk report published on February 3, 2020, a multinational conglomerate, IBM is developing a blockchain proof-of-concept for the Food Safety and Inspection Service (FSIS) – the U.S.’s food safety arm of the U.S. Department of Agriculture (USDA). This move will help the organization to evaluate how blockchain...

IBM’s TradeLens Blockchain Solution Embraced by the Global Maritime Industry

January 17, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

TradeLens, the distributed ledger technology (DLT) based supply chain and logistics platform developed by IBM and Maersk, is fast gaining traction across the maritime ecosystem, with a good number of ports around the world already integrating the solution into their processes, reports The Maritime Executive on January 17, 2020. TradeLens...

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