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IBM has cut its blockchain team down to almost nothing, according to four people familiar with the situation. Job losses at IBM (NYSE: IBM) escalated as the company failed to meet its revenue targets for the once-fêted technology by 90% this year, according to one of the sources.“IBM is doing a
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An IBM blockchain-powered platform is now offering a way for people to track wine from its vineyard origins all the way to your local store shelf.In an announcement today, IBM said it has partnered with wine monitoring firm eProvenance to release the VinAssure platform. Built on IBM Blockchain Transparent Supply,
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Tech giant IBM has been granted a patent on a blockchain-based consensus model envisioned for use in handling transactions within multiplayer games with a large user base. The U.S. patent, titled “Gaming consensus protocol for blockchain,” was awarded last week and proposes the model of electing a subset of any game’s
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IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries. The Armonk, New York-based tech giant announced Monday that it’s teaming up with German textile manufacturer Kaya&Kato to develop a blockchain network that tracks the origin of fabrics used
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IBM Watson Health says the digital pass would help individuals safely return to shared physical spaces like work, school, flights or stadiums. Source
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Apart from blockchain technology, Thailand has also joined a growing number of countries currently exploring the cryptocurrency space.The Bank of Thailand has successfully launched a government savings bond on the IBM (NYSE: IBM) blockchain. Investors in the country can now buy bonds worth the maximum allowed value from a single
Read MoreIt was just a few years ago that enterprises began showing interest in using blockchain as a technology to bring trust, transparency and better collaboration to multiple entities sharing sensitive business data. Yet as the blockchain space has matured, more companies have started to view blockchain less as a technology
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TradeLens — the blockchain shipping platform created by IBM and Danish logistics giant Maersk — has signed on a major Turkish-owned international terminals operator.TradeLens is a global supply chain management platform designed for containerized freight and logistics, which was first launched by IBM and Maersk back in April 2018. It works by
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BNP Paribas has committed to joining the IBM Cloud for Financial Services as its anchor client in Europe. It is the first step in creating an ecosystem for the platform on the European continent. Technology giant IBM (NYSE: IBM) has revealed that several financial institutions have joined the IBM Cloud for
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IBM is giving its blockchain track-and-trace capabilities the social-impact treatment with a provenance application that enables coffee drinkers to directly assist the smallholders who farmed the beans. Announced Wednesday, IBM has teamed up with J. M. Smucker Company – the $12.2 billion food giant behind coffee brands like Folgers, Café Bustelo
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