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President of China, Xi Jinping, expressed his admiration and hopes for blockchain technology at a meeting with the Chinese Academy of Sciences and the Chinese Academy of Engineering. Xi pointed out that blockchain technology, which underpins Bitcoin, has been accelerating the rate of “breakthrough applications.” He also noted...
IBM has announced that it will be creating 1,800 jobs in France for its emerging-tech initiatives, including distributed ledger technology development. The American multinational technology company has recently shown off a salt-grain computer designed to spread blockchain to the masses. IBM to Add 1,800 Jobs In France for...
International Business Machines Corporation, aka IBM, is developing ‘permissioned but public’ blockchain networks in response to high demand for digital asset issuance, according to Jesse Lund, the newly appointed head of blockchain technology. IBM To Converge Public and Private Blockchains IBM has been heavily invested in the blockchain space...
A patent grants its holder exclusive rights to an invention, such as a piece of technology, for a certain period of time. While designed as a means of protecting the intellectual property of inventors, the system is not without its critics who believe that patenting deters innovation and...
Finding use cases for blockchain technology is not that difficult. Most efforts focus on the financial sector, but there’s a lot more to this technology than just finance. According to IBM, this technology can disrupt the way we think about governments altogether. Jerry Cuomo is convinced governments should...
The banking industry’s infatuation with blockchain technology is well known. In the forefront of the development of distributed ledger solutions for the industry is the tech giant IBM which is currently working on a trade finance solution for leading European banking institutions. IBM identified the project addressing the...
SAP, the enterprise IT solutions provider has officially become part of the blockchain bandwagon after it announced the launch of its Blockchain as a Service (BaaS) offering. The company, which recently joined the Hyperledger project alongside IBM, Intel and other big technology, financial and banking institutions introduced the...
The “Blockchain” is the latest “buzzword”. Almost all the top executives across various industries have heard about it, some have considered adopting it, and then there are those who would want to know more about it. IBM — the tech giant, involved in the development and implementation of...
Every industry wishes to have a blockchain solution of its own and IBM through its partnership with Linux Foundation’s Hyperledger project is concentrating on delivering what the companies want. Since Hyperledger’s Fabric blockchain attained production status, the number of entities using it through their partnership with IBM is...
The use of blockchain technology for rapid trade settlements is a concept that has been tried and tested by multiple stock exchanges across the world. Few have also gone ahead and implemented those solutions into their platform. But for the first time, an international trading house is exploring...
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