Tag: IBM

Samsung Electronics, one of the biggest information technology company, is mulling over using blockchain technology to assist in administration its supply and logistics network. The propound blockchain based platform’s role would be to oversee global shipments and cut back shipping costs.     Blockchain System to Slice 20% Costs in Shipping   Samsung SDS is also contemplating to develop blockchain platform…

READ MORE

In the corporate world, everybody loves blockchain technology, but most don’t talk about bitcoin and other cryptocurrencies. Some have called the nascent digital assets under various names such as bubbles, Ponzi schemes, fraud, and many other crazy names. However, it seems all that will change soon as tech giants, IBM has caught the crypto fever and is now encouraging commodities…

READ MORE

On March 19, 2018, the “Big Four” accounting firm PWC and Northern Trust, a U.S custody bank, have jointly announced the release of new tools to give private equity fund auditors fast access to data stored on its private blockchain. The move effectively lays the foundations for large-scale adoption of blockchain-based platforms by traditional businesses. Expanding a Client Base with…

READ MORE

Arguably the leading computer company in the world, IBM has produced the world’s smallest computer, no bigger than a grain of coarse salt. Although “nanotech” is a term usually applied to medical and other micro-machines that have motion or effects that impact upon their micro-environment, IBM’s latest offering nonetheless fits the bill. Source: IBM Concurrent with the company’s announcement that…

READ MORE

Insurance giant AIG, the commercial bank Standard Chartered, and IBM have announced the successful completion of the pilot of the first ever multinational smart contract insurance policy backed by blockchain technology. The solution was built by IBM and is based on the Hyperledger Fabric framework, which is one of the Hyperledger projects hosted by The Linux Foundation. The technology allowed…

READ MORE

The Government of Dubai has announced its collaboration with UK-based blockchain startup ObjectTech to create digital passports for quick and efficient entry at the Dubai International Airport. Working closely with Dubai’s Immigration and Visas Department (GDRFA – General Directorate of Residency and Foreigners’ Affairs), ObjectTech seeks to create the world’s first ‘gate-less border’ through the use of the blockchain and…

READ MORE

On May 17, technology giant IBM and Chile’s largest stock exchange, the Santiago Exchange, announced a partnership to implement blockchain technology into the nation’s financial services sector. The collaboration makes the Santiago Stock Exchange the first exchange in South America to utilize blockchain technology for securities lending on its short selling platform. The new solution built by IBM and the…

READ MORE

On March 20, IBM announced that it had launched the world’s first blockchain-based carbon asset management platform built on top of the Hyperledger Fabric distributed ledger in cooperation with Energy-Blockchain Labs.   The new platform will be used by the Chinese carbon asset market and will enable companies to create carbon assets more efficiently to help build a “greener” and…

READ MORE

IBM plans to target large-scale commercial enterprises with its new product called “Blockchain-as-a-Service” by allowing customers to utilize its public blockchain-based cloud service to construct private blockchain networks. Jerry Cuomo, IBM’s VP of blockchain technology, announced that the IBM Blockchain-as-a-Service includes a broad range of blockchain-based cloud services that can be used by businesses to create and manage blockchain networks…

READ MORE

IT giant IBM goes all in on the blockchain, where the blockchain branch of the company frequently populates the news pages of the Web. Beside further details about the home-made blockchain solution Fabric, the company announced several new cooperatives and projects. Slowly IBM shows its cards and discloses details about its Blockchain project Fabric. Fabric is the project the IT…

READ MORE