Tag: IBM

Pacific International Lines (PIL), the largest privately-owned shipping firm in Singapore has recently partnered with IBM to improve their existing supply chain management processes via blockchain technology. According to an article published by the Business Times on October 4, 2018, the goal is to create a digital bill of lading, an electronic document provided to acknowledge the receipt of cargo…

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Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real estate sector, the supply chain,…

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U.S. telecommunications giant AT&T has created a suite of blockchain solutions designed to work with tech from IBM and Microsoft, the company announced in a September 26, 2018, press release. AT&T Dives into Blockchain Technology The world’s largest telecommunications company, AT&T, has become the latest corporation to target diverse industries with a launch of a suite of blockchain solutions. According…

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IBM aired a TV Commercial during an NFL match on September 17, 2018, called Plastic Bank, a new initiative which aims to tackle ocean plastic and global poverty with blockchain technology. The Plastic Bank is backed by IBM Technology which uses the LinuxOne blockchain to encourage entrepreneurs from the world’s most impoverished communities to clean up plastic in exchange for digital…

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With blockchain technology revolutionizing the way corporations handle data management, IBM announced the release of their Blockchain World Wire in July 2018. With this, the blue-chip firm offers yet another way how businesses can use the innovation to stay ahead of the competition. Payments 3.0 In an increasingly globalized world, corporations partnering with other enterprises in different corners of the…

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Blockchain developers are now the most sought-after commodity in the job marketplace, with the number of job openings requiring the skill doubling since the beginning of the year. As the demand for experts in the field exceeds the supply, big companies are looking to implement the new transaction technology offer salaries well above $100k per year. Blockchain Developers Most Sought-After…

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On August 9, 2018, IBM and supply chain juggernaut Maersk have added 92 clients to their blockchain platform in a bid to revolutionize global shipping using blockchain technology. Blockchain and Logistics The new venture created by the two global companies has been dubbed TradeLens. Through its early, the companies have been working on an interlocking system of blockchain backed ports…

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Major corporations are stepping off of the blockchain train, which has some believing that this means the end of the love affair between major corporations and distributed ledger technology. This year will see the end of several blockchain companies, while other projects are walking back their anticipation for blockchain’s power to revolutionize their businesses. Raising the Crypto Flag Previously, Nasdaq…

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As more attention is placed on food quality, organic products, and the avoidance of genetically modified foods, consumers are demanding a way to know where their food is coming from and how it is treated and handled before it reaches their tables. Fortunately, traceability and transparency are two things blockchain technology is equipped to deliver. Farm to Table Tracking In…

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A new blockchain-based platform is on the horizon, and it is the result of a cooperation between foreign exchange settlement provider CLS, enterprise software giant IBM, and nine financial institutions, including big names such as Citigroup and Barclays, the companies said in a statement on July 30, 2018. LedgerConnect: Blockchain Platform for Banks This revolutionary platform is LedgerConnect, and it…

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