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As the frenzy to incorporate blockchain technology into companies’ existing infrastructure picks up steam, many executives claim that the incorporation of Digital Ledger Technology (DLT) has been harder than they had anticipated. The report, which was conducted by Greenwich Associates, collected data and responses from more than 200...
Although blockchain is still clearly in its early stages of adoption, it is becoming increasingly clear that the technology underpinning Bitcoin and cryptocurrency will ultimately affect the daily lives of all individuals. This sentiment is shared by Joe Duran, the founder and CEO of United Capital, who expressed...
Recent reports claim that US tech giant, IBM, is helping The Central Bank of Azerbaijan (CBA) to implement blockchain technology into the country’s existing infrastructure, signaling that the country is undergoing a modernization revolving around the nascent technology. IBM Azerbaijan Partnership in Motion The reports regarding the IBM-Azerbaijan...
Following the release of IBM’s much hyped World Wire product, the U.S. tech giant is now further solidifying their position in the blockchain industry with the introduction of a new product that makes tracing food significantly more efficient. The product, called the IBM Food Trust Platform, has been...
Global Market Insights’ recent report claims that the blockchain market in the Asia Pacific region has seen a significant growth thanks to the increase in the number of investments in blockchain-based companies. The report also claims that the market will hit $16 billion in the next few years,...
Stellar’s XLM surged 17% on Friday as the overall cryptocurrency markets posted gains, led by XRP, which was up 55% on a 24-hour trading period at the time of writing. The price rise of Stellar comes as the cryptocurrency is seeing increased adoption, specifically through IBM’s new cross-border...
Blockchain settlement startup, Ripple, has added PNC Financial Services Group to their list of clients utilizing their real-time cross border settlement systems in order to more efficiently process international payments. PNC will be using Ripple’s xCurrent system, which utilizes blockchain technology in order to quickly and cheaply process...
Australia is fast establishing itself one of the global leaders of blockchain innovation. With a new blockchain initiative, Australian businesses will be able to leverage blockchain-powered legal smart contracts in various business processes for enhanced efficiency and transparency. Australian National Blockchain Platform to be Launched The initiative, labelled...
While IBM has been cautious to back cryptocurrency projects, the New York-based technology giant has still been doing its best to make a successful foray into the blockchain space. But as some skeptics see it, IBM hasn’t done much to make a meaningful impact on this flowering industry....
Sentiment regarding the cryptocurrency market took a large shift this past week, as Bitcoin rallied 15% due to a series of positive technical and fundamental indicators. IBM To Use Stellar-Based Stablecoin For Faster Financial Payments IBM, one of the largest technology firms in the world, has just announced...
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