#IBM News

SEC Head looking at Libra and Libra looking back hands on hips

SEC Head Unsure of Classifying Libra Cryptocurrency as a Security

September 25, 2019 by Edoardo Vecchio at Altcoins

The Chariman of U.S. the Security and Exchange during his latest address to congress shed ambiguous light the regulatory concerns surrounding Facebook’s Libra. As described in a post from Reuters, Jay Clayton, head of the SEC, didn’t provide any detailed statements about whether Facebook’s Libra will be regulated as securities...

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IBM Considers Joining the Libra Association

September 24, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

IBM, a formidable force in the distributed ledger technology (DLT) space has made it clear that its open to collaborating with Facebook to make the social media giant’s Libra cryptocurrency project a huge success, reports CNBC on September 23, 2019. IBM Open to Working with Libra Consortium Tech and blockchain...

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

September 19, 2019 by Edoardo Vecchio at Blockchain

According to a press release dated September 18, 2019, published by AutomotiveIT, ZF Friedrichshafen is partnering with IBM and UBS to build a blockchain-based payment platform for the automotive industry. A New Cashless Solution for the Automotive Industry Global giants ZF Friedrichshafen, IBM, and UBS are teaming up to develop...

FiO Technology Unveils Hyperledger Blockchain-Powered Business Model

September 13, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

FiO Technology, a startup that claims to be focused on functioning as a Blockchain-as-a-Service (BaaS) platform for enterprises, has announced the launch of its new business model powered by Hyperledger. The firm aims to promote commercialization of distributed ledger technology (DLT) by enabling enterprises to easily integrate and manage digital...

Thai Customs Adopt IBM’s Blockchain Platform for Shipment Tracking

August 30, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

The Customs Department of Thailand has adopted TradeLens, IBM’s blockchain-powered digital trade platform that supports efficient and accurate container tracking and real-time information sharing among stakeholders in the supply chain. The agency firmly believes that blockchain integration will foster transparency and enhance its processes, reports Bangkok Post on August 29,...

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Hedera Governing Council Onboards IBM and Tata Communications

August 13, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a blog post on August 12, 2019, Hedera Hashgraph, a decentralized public blockchain network announced that IBM and Tata Communications, a leading telecommunications company and global provider of digital infrastructure services, have joined the Hedera Governing Council, to guide the guide growth of the Hashgraph distributed ledger. New Partners...

IBM Announces DLT-Based Supply Chain Solution with Several Companies

August 6, 2019 by Edoardo Vecchio at Blockchain

IBM is partnering with other companies to roll-out a massive blockchain-based program that will improve the supply chain management of 4,000 North American companies. Improved trackability, smaller administrative costs and less risk of fraud are the main benefits provided by the new blockchain-based solution. This according to a press release,...

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Seagate and IBM Partner to Track Products with Blockchain

July 31, 2019 by Ashwath Balakrishnan at Blockchain

A partnership between Seagate and IBM aims to improve the trackability of goods being sent by Seagate to customers around the globe. As the world leader in external hard disks, Seagate sends it's products all across the world and wants to harness the power of distributed ledger to ensure customers...

Australian Bank Completes Blockchain-Based Logistics Trial to Send Almond Shipment to Germany

Australian Banks Set to Trial IBM’s Blockchain Platform for Retail Financing

July 5, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

The three largest banks in Australia, Commonwealth Bank of Australia, New Zealand Banking Group Ltd. and, Westpac Banking Corp are partnering with Scentre, a Westfield mall owner, to test IBM's new blockchain-based bank guarantee platform for processing retail financing, reports Reuters on July 4, 2019. Australia's Biggest Banks to Trial...

Delicious Blockchain Blue Nestle Milk Carton

Nestlé and OpenSC Partner to Enhance Transparency in Food Industry with Blockchain

July 3, 2019 by Edoardo Vecchio at Blockchain

The Swiss multinational food and drink company Nestlé, announced the launch of a blockchain pilot project that will allow consumers to track product sustainability and provenance on July 02, 2019. The project stems from the collaboration between Nestlé and OpenSC, an innovative blockchain platform that allows consumers to track their...

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