IBM far outranks Microsoft as blockchain industry leader, research says

IBM: A #blockchain industry leader? From @JeffAshcroft #WatsonCE #WatsonSupplyChain

  • Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study.
  • Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of distributed ledger technology to include industries other than the financial services.
  • Last month it announced a partnership with Nestle, Unilever, Wal-Mart and other food giants to trace the movements of food and tackle contamination faster by using the technology.
  • According to research firm Juniper Research, the corporation is better positioned than competitor Microsoft as far as its blockchain credentials are concerned.
  • More than 40 percent of tech executives and leaders in the blockchain sector ranked IBM as top, with only 20 percent saying the same of Microsoft.

Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to research.
Continue reading “IBM far outranks Microsoft as blockchain industry leader, research says”

IBM far outranks Microsoft as blockchain industry leader, research says

IBM far outranks Microsoft as #blockchain industry leader, research says  @IBMBlockchain

  • Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study.
  • Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of distributed ledger technology to include industries other than the financial services.
  • Last month it announced a partnership with Nestle, Unilever, Wal-Mart and other food giants to trace the movements of food and tackle contamination faster by using the technology.
  • According to research firm Juniper Research, the corporation is better positioned than competitor Microsoft as far as its blockchain credentials are concerned.
  • More than 40 percent of tech executives and leaders in the blockchain sector ranked IBM as top, with only 20 percent saying the same of Microsoft.

Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to research.
Continue reading “IBM far outranks Microsoft as blockchain industry leader, research says”

IBM far outranks Microsoft as blockchain industry leader, research says

IBM far outranks Microsoft as blockchain industry leader, report says

  • Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study.
  • Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of distributed ledger technology to include industries other than the financial services.
  • Last month it announced a partnership with Nestle, Unilever, Wal-Mart and other food giants to trace the movements of food and tackle contamination faster by using the technology.
  • According to research firm Juniper Research, the corporation is better positioned than competitor Microsoft as far as its blockchain credentials are concerned.
  • More than 40 percent of tech executives and leaders in the blockchain sector ranked IBM as top, with only 20 percent saying the same of Microsoft.

Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to research.
Continue reading “IBM far outranks Microsoft as blockchain industry leader, research says”

IBM far outranks Microsoft as blockchain industry leader, research says

  • Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study.
  • Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of distributed ledger technology to include industries other than the financial services.
  • Last month it announced a partnership with Nestle, Unilever, Wal-Mart and other food giants to trace the movements of food and tackle contamination faster by using the technology.
  • According to research firm Juniper Research, the corporation is better positioned than competitor Microsoft as far as its blockchain credentials are concerned.
  • More than 40 percent of tech executives and leaders in the blockchain sector ranked IBM as top, with only 20 percent saying the same of Microsoft.

Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to research.
Continue reading “IBM far outranks Microsoft as blockchain industry leader, research says”

BofA, HSBC, Intel, others invest $107 million in blockchain startup R3

BofA, HSBC, Intel, others invest $107 million in #blockchain startup R3

  • REUTERS/Mike Blake

    NEW YORK (Reuters) – Financial and technology companies led by Bank of America Corp, SBI Holdings Inc, HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday.

  • Over 40 institutions from more than 15 countries participated in the first two tranches of the New York company’s fundraising round, making it one of the largest investments in a blockchain company to date, R3 said in a statement.
  • Other major investors and companies leading the deal include ING Groep NV, Banco Bradesco SA, Itaú Unibanco SA, Natixis SA, Barclays Plc, UBS Group AG and Wells Fargo & Co, R3 said.
  • R3 launched in September 2015 with the backing of nine of the world’s largest investment banks seeking to make their operations more efficient with new technology, and its membership has rapidly grown to about 80 financial institutions.
  • The completion of the first two tranches follows the departure of several large banks from R3 over the past few months, including JPMorgan Chase & Co, Goldman Sachs Group Inc Banco Santander SA and Morgan Stanley

    The banks have internal blockchain projects or investments in other similar startups.

By Anna Irrera NEW YORK (Reuters) – Financial and technology companies led by Bank of America Corp, SBI Holdings Inc, HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said
Continue reading “BofA, HSBC, Intel, others invest $107 million in blockchain startup R3”

Canada backs off blockchain interbank payment system

Canada backs off blockchain interbank payment system

  • The Bank of Canada (BoC) has said no to using distributed ledger technology (DLT), also known as the blockchain, after a year-long investigation into whether it could provide the underlying infrastructure for the country’s interbank payment system.
  • The central bank’s negative viewpoint on the suitability of DLT was published in a column in The Globe and Mail newspaper yesterday, where the BoC Senior Deputy Governor Carolyn Wilkins and Gerry Gaetz of Payments Canada, the country’s payment and settlement operator, concluded that “too many hurdles” had to be overcome for a blockchain-based infrastructure to be viable.
  • Canada’s central bank has been working on Project Jasper with the country’s largest banks, Payments Canada and the R3 consortium on the DLT experiment since last summer.
  • “In fact, at its heart, there exists a fundamental inconsistency or tension between a centralized wholesale interbank payment system, as we have now, and the decentralization inherent in DLT.
  • This revolves around a new clearing and settlement system that uses a traditional centralized core that all the banks and payment providers will link to and the adoption of the international ISO 20022 messaging standard.

The Bank of Canada has said no to using distributed ledger technology (DLT), also known as the blockchain, for the country’s interbank payment system.
Continue reading “Canada backs off blockchain interbank payment system”

BofA, HSBC, Intel, Others Invest $107 Million in Blockchain Startup R3

BofA, HSBC, Intel, Others Invest $107 Million in #blockchain Startup R3

  • In order to access our website, your browser must accept cookies from NYTimes.com.
  • More information on cookie settings »

Financial and technology companies led by Bank of America Corp, SBI Holdings Inc, HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday.
Continue reading “BofA, HSBC, Intel, Others Invest $107 Million in Blockchain Startup R3”