IBM (NYSE:IBM) is going full force into blockchain and the new type of banking - one supported by cryptocurrencies. The tech giant is now onboarding six banks to issue stablecoins backed by fiat currency, all delivered through World Wire, which is an IBM payment platform that is built on the Stellar blockchain technology. These six…
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The power of blockchain has undeniably left its mark on almost all parts of the world. Recently, Africa has emerged as a top, or at least, promising blockchain/cryptocurrency destination. Because the market is so new, there are numerous solutions and inventions to be made using blockchain. The most remarkable thing about blockchain, however, is the…
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Columbia University and IBM have partnered to launch two accelerator programs that will aid the development of blockchain and blockchain-related companies. The programs will act as incubators that will equip startups with the essential knowledge and expertise in the field of blockchain. The accelerator programs will support 10 startup companies, whose founders will benefit from…
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Walmart is implementing IBM's blockchain as part of their new food traceability program that has to do with food safety on all levels in the supply chain. The ultimate goal is to track the path of the food from the farm to the shelves in the store. In this way, Walmart will be able to…
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Bitcoin hit another low this morning, trading at $7,400 per coin according to major exchanges. It seems that when Bitcoin is going down, almost all altcoins are also plunging. After India and China went against Bitcoin, and with the recent news that major banks such as JPMorgan, Lloyds Banking Group and more, are banning Bitcoin…
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Business Insider reported that Oracle introduced its Blockchain Cloud Service on October 2nd, as the company is making steps to outcompete giants like Microsoft and IBM. Obviously, the new cloud service will be used for sharing data in a more secure way. While the service will be made available to users later this year, Oracle was…
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IBM (NYSE: IBM) today announced Singapore fintech start-up, INVICTUS, is collaborating with them to leverage IBM Cloud and Blockchain technologies for their Order, Logistic & Payment (OLP) platform. The platform aims to help businesses reduce wastage, redundancy and cash-flow issues in their transaction processes by disrupting the supply chain management cycle with blockchain smart contract…
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The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, just announced that it has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade lifecycle events. The firms will work collaboratively to re-platform DTCC’s…
Read moreAPI enabled Order Book processes market data and transfers top-of-book snapshots to POWER8 coherent shared memory in under 1.5 microseconds
Read moreIBM sold its collateral management system which offers a variety of functions to support the increasing use of collateral within the local and global banking community, with coverage for cleared and non-cleared over-the-counter (OTC) Derivatives Margining, Repo Margining and Securities Lending Margining to SmartStream Technologies on January 31, 2015
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