IBM

The MiSE has partnered with SMI and IBM to design a blockchain project that will trace a product through every phase of production. Initially, the trial project will be supported by 30 companies and this number is expected to grow. The fashion industry will benefit from using the new technology most of all.

Blockchain, cryptocurrency, and other innovative techs have significant disruptive potential. Within the course of time, this fact becomes obvious not only for community enthusiasts but also for traditional industry players. That is probably the major reason for world electronic bulls to explore the innovative possibilities to boost their own progress.

Several Italian companies in the field of blockchain including Intesa SanPaolo group, Italia4Blockchain association, together with other major firms including IBM, Ripple, IOTA, Cardano, ConsenSys, have officially joined the International Association for Reliable Applications Blockchain (INATBA).

IBM Corp., one of the leading technology providers for creating crypto, revealed that two bullish U.S. banks are gauging the benefits of following JPMorgan’s position in issuing a stablecoin. JPMorgan is the biggest U.S. bank in terms of assets, it moves over $5 trillion in wholesale payment daily. The move by IBM threatens Ripple in one way or another.

International Business Machines (IBM) Corp. wants financial institutions to join the revolutionary technology known as blockchain. IBM has made the process of transacting funds across borders very easy. It has developed a real-time, global payments network for regulated banks and other financial institutions to enable international transactions and foreign exchange in over 70 crypto-friendly countries.

IBM Studios, a gigantic space in fast-developing Italy, will open its doors this March to welcome specialists in AI, blockchain, cloud computing, Internet of Things (IoT), and many other digital technologies. The initiative is aimed at facilitating the process of the digital transformation of the country’s systems.

The Ford Motor Company, IBM, RCS Global, Huayou Cobalt and LG Chem are considering employing blockchain to track and corroborate ethically sourced minerals. They aim at creating an open, industrywide network to track and confirm minerals and other significant materials for the automotive and consumer electronics sector in their supply chains.

IBM is collaborating with Abu Dhabi National Oil Company - ADNOC, a state owned oil firm in the UAE, to pilot a blockchain technology supply chain system, per an official press release published by ADNOC on December 9, 2018. The blockchain technology application can be leveraged in natural gas, gas, condensates, liquids, oil and sulphur.

Visa has just announced it has partnered with IBM ahead of the commercial release of B2B Connect, its DLT-powered world financial payments platform.