IBM Report: Central Banks to Issue Cryptocurrencies in Five Years (Central Bank Digital Currency)

IBM Report: Central Banks to Issue Cryptocurrencies in Five Years (Central Bank Digital Currency)

A report commissioned by IBM and the central banking think tank the Official Monetary and Financial Institutions Forum (OMFIF), claims scores of officials from central banks around the world are considering launching their own consumer-ready central bank digital currency (CBDC). The report is based on findings of a research group which followed up with 23 central banks around the world during the time period of July-September 2019. The survey said that not only are these…

Read More

IBM, SoftBank and TBCASoft Partner Up to Revamp the Telecom Industry with Blockchain

IBM, SoftBank and TBCASoft Partner Up to Revamp the Telecom Industry with Blockchain

The U.S.-based blockchain firm TBCASoft, Japanese multinational conglomerate holding company SoftBank and American tech giant IBM are coming together to disrupt the telecommunication industry with dedicated cross-barrier blockchain solutions. The firms announced a strategic partnership to utilize blockchain technology for a platform specifically designed to address key challenges associated with the industry. The platform will bring industry leaders together, offer new services to telecom carriers and their subscribers, and help to develop new business models….

Read More

IBM Is Open to Working with Facebook in Developing the Libra Cryptocurrency

IBM Is Open to Working with Facebook in Developing the Libra Cryptocurrency

International Business Machines (IBM), one of the largest international IT companies worldwide, stated on Monday that it is looking forward to collaborating with Facebook and working on its cryptocurrency Libra. IBM’s general manager of blockchain and crypto services, Jason Kelley, said in an interview that the company encourages cooperation between companies to develop newer technologies like blockchain. Kelley stated that blockchain is a team sport and that IBM’s clients are ready to work together with…

Read More

New Blockchain Patent Shows IBM Wants to Enter the Web Browsing Arena

New Blockchain Patent Shows IBM Wants to Enter the Web Browsing Arena

Recently, IBM filed another patent that details a blockchain-powered web browser interface. On August 6, 2019, IBM’s patent for an interface of a web browser powered by distributed ledger technology was filed with the United States Patent and Trademark Office. According to patent, the newly developed blockchain-backed browser will gather some pre-decided information from the users’ browsing session. The user-agreed information – which will be collected in order to give a better browsing experience –…

Read More

IBM Introduces New Blockchain Initiative to Make Supply Chain Management More Efficient

IBM Introduces New Blockchain Initiative to Make Supply Chain Management More Efficient

IBM, one of the largest computer companies in the world, has announced its plan to launch a new blockchain project called Trust Your Supplier (TYS), in association with a blockchain specialist firm Chainyard. The other founding members of this project include brewing company Anheuser-Busch InBev, pharmaceutical company GlaxoSmithKline, Telecommunications Company Vodafone, and tech companies such as Cisco, Lenovo, Nokia, and Schneider Electric. Supply chain management includes managing and keeping track of production, storage and mobility…

Read More

Data Storage Giant Seagate Commences Pilot Stage for Blockchain Supply Chain Project

Data Storage Giant Seagate Commences Pilot Stage for Blockchain Supply Chain Project

The American data storage company Seagate, known widely for its profound role in the tech industry, is reportedly being ready to enter into the next stage of its blockchain test, based primarily on traceability in its global supply chain. In an interview, Manuel Offenberg, the Managing Technologist of Seagate’s Research Group revealed that the company has received the green light to pursue the next phase of the project – the pilot stage. You will recall…

Read More

The New York Times Arms Itself with Blockchain to Combat Fake News

The New York Times Arms Itself with Blockchain to Combat Fake News

The New York Times Research & Development team is launching ‘The News Provenance Project’ to find a better way of providing people with a way to differentiate between fake and authentic content. In the center of this new initiative, which actually makes it possible, is blockchain technology. The first goal of the project is focused on photojournalism as photos can be easily manipulated and shared widely on the social media. The project’s team is conducting…

Read More

IBM Holds the Most Blockchain Patents (108) in the US; Bank of America Second (52)

IBM Holds the Most Blockchain Patents (108) in the US; Bank of America Second (52)

Big tech and finance companies have been filing patent after patent that indicates the company’s bullishness on blockchain technology. And when it comes to blockchain innovation and patent filings, IBM is leading the pack. Nobody is unfamiliar with how big the tech giant IBM is betting on blockchain technology. IBM has recently launched its blockchain-based cross-border payment platform World Wire and signed six international banks to roll out their own stablecoins on its platform. IBM…

Read More

The FDA Partners with Walmart, IBM, Merck to Improve Pharma Supply Chain via Blockchain

The FDA Partners with Walmart, IBM, Merck to Improve Pharma Supply Chain via Blockchain

The United States’ federal agency, Food and Drug Administration (FDA), has partnered up with four high profile firms to launch a pilot program to apply blockchain technology in the drug supply chain, Reuters reported on June 13. IBM, Walmart, Big Four auditor KPMG, and Merck are the four big names that the FDA has tapped for the implementation of a Proof-of-Concept (PoC) blockchain network to share and track data on the distribution of prescription drugs….

Read More

IBM Fosters New Partnership with Lenovo to Promote Customer Care via Blockchain

IBM Fosters New Partnership with Lenovo to Promote Customer Care via Blockchain

There is no doubt that a sound customer service system is key to sustaining a healthy customer base. Customers want to feel safe with you, they want to know that they can always trust you to provide answers when in trouble. Poor customer service can cost companies millions of dollars due to the inability to retain customers. This why businesses spend hugely on customer service each year. A recent research conducted by IBM’s research team…

Read More
1 2 3 4