Tagged: ibm

First Quantum Computing Guidelines Introduced as Investment into Sector Increases, WEF Reports

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National governments have reportedly invested more than $25 billion into quantum computing research and more than $1 billion in VC deals have closed in the past year – “more than the past three years combined,” according to an update shared by the World Economic Forum… Read More

Union Bank of the Philippines to Implement METACO’s Digital Asset Management Services

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METACO, the provider of security-critical software and infrastructure to the digital asset ecosystem, has announced that Union Bank of the Philippines is implementing its digital asset management services. As noted in an update shared with CI, UnionBank is deploying services on IBM Cloud, in order to… Read More

Irish Bank AIB and IBM Announce €65M Agreement to Accelerate Banking Institution’s Digital Transformation Efforts

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AIB, an Irish bank with key positions across various segments, and IBM (NYSE: IBM) have announced a €65 million 3-year agreement designed to help “deliver the bank’s 2023 strategy by accelerating its ongoing digital transformation, meeting its customer-first commitment and providing a clear pathway to… Read More

Zafin Joins IBM Z and Cloud Modernization Center to Assist Customers with Accelerating Transition to Hybrid Cloud

Cloud Sky

Zafin has reportedly joined the IBM Z and Cloud Modernization Center, which is a digital front door comprised of tools, training and ecosystem partners to “help IBM Z clients accelerate the modernization of their applications, data and processes in an open hybrid cloud architecture.” This… Read More

Use Cases for NFTs Growing: GlobalData Report

NFTs Non Fungible Tokens

While at the beginning NFTs were predominantly used by artists to claim the ownership and novelty of their digital creative work, the uses for the digital tokens are growing, a new report from Global Data suggests. Companies are now filing NFT-related patents to secure their… Read More

Kurt Nielsen: President at Partisia Blockchain Explains Why they’re Developing Web 3.0 Privacy Infrastructure

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Partisia Blockchain, the Web 3.0 public (or permissionless) blockchain developed for trust, transparency, and privacy, recently confirmed the appointment of experienced cryptographer Christian Cachin to their team. Dr. Christian Cachin, a former computer scientist working at IBM, has joined the team as a Consensus and… Read More

Nitin Gaur, Director of IBM Digital Asset Labs, Says NFTs are Natural Progression in “Explosion” of Asset Tokenization

Fireworks Explosion Celebrate

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

IBM Announces Acquisition of Cloud Implementation Application Transformation & Managed Services Provider Nordcloud

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    U.S.-based tech giant IBM Corp. (NYSE: IBM) announced on Tuesday it has acquired Nordcloud, a European cloud implementation, application transformation, and managed services provider. The acquisition comes just days after IBM announced it acquired Expertus Technologies Inc., a Canadian Fintech company that assists… Read More

Canadian Fintech Expertus, Processor of $50B in Transactions Per Day, Acquired by Tech Giant IBM

Canada Money 3

New York-based tech giant IBM Corp. (NYSE:IBM) has acquired Expertus Technologies Inc., a Canadian Fintech company that assists clients with processing over $50 billion in transactions per day. IBM bought the company so that it could enhance its electronic-payments capabilities. Expertus has now been added… Read More

Advanced Artificial Intelligence Adopters Attributed 12% Points of Revenue Gain Directly to AI Integrations: Report

Cyber Dollar AI Artificial Intelligence

The COVID-19 pandemic has led to businesses or companies adopting artificial intelligence (AI) based solutions. Firms operating in nearly every sector have integrated AI and automation software according to a new survey of professionals working in the financial services sector. Nearly 66% or two-thirds of… Read More

Quantum Resistant Ledger Partners with Insight’s Quantum Cryptography Research Unit, Hires Senior Marketing Professional

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The Quantum Resistant Ledger (QRL) Foundation, which is an organization that has developed a quantum-secure blockchain network and digital asset platform, has teamed up with Insight’s quantum cryptography research division. Both organizations will be working on global standards for QRL’s “quantum-secure” Proof-of-Stake network, which is… Read More

Perspective: Institutional Adoption of STOs and Digital Assets in 2020

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Back in December, I wrote a piece for Coindesk’s Year in Review 2019 entitled “Security Token Offerings Are (Finally) Set for Takeoff in 2020”.  This was before word of COVID-19 became widespread and before many of the cataclysmic events of 2020 were even imaginable.  Thus… Read More

Bank of Thailand Announces Launch of Government Savings Bond on IBM Blockchain-Based Platform

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IBM (NYSE: IBM) announced on Monday it teamed up with Bank of Thailand (BOT), the central bank, to launch a  blockchain-based platform for government savings bonds issuing a total of $1.6 billion within two weeks. According to IBM, the platform is using blockchain technology on the… Read More

Fintech Zenda.la Becomes First Mexican Company to Get Accepted to the IBM Hyper Protect Accelerator Program

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Fintech firm Zenda.la has reportedly become the first Mexican company to get accepted to the IBM Hyper Protect Accelerator program, which is conducted through a partnership with Village Capital. Zenda’s management says that being accepted into the tech giant’s program is “especially relevant as we… Read More

Digital Transformation: Financial Giant BNP Paribas to Use IBM Cloud for Financial Services Framework for Improved Security, Compliance

BNP Paribas

BNP Paribas, a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), will reportedly become an anchor client in the European Union for tech giant IBM’s Cloud for Financial Services framework. The… Read More

Ethereum (ETH) Might Not have Quantum Resistance on its Roadmap, the QRL Team Reveals

Blockchain

The developers at Quantum Resistant Ledger (QRL), an externally audited “enterprise-grade” blockchain platform that claims to be secure against a potential (future) attack from quantum computers, stated that Ethereum (ETH) could go quantum computer resistant through “a unique smart-contract.” The QRL team said that a… Read More

New York-based IBM Acquires 7% Stake in Blockchain enabled Trade Finance Solution, we.trade

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New York-based tech giant IBM (NYSE:IBM) has acquired a 7% stake in we.trade, a blockchain-enabled trade finance platform that’s owned by 12 major banking institutions. Launched by nine banks back in January 2017 under the name, Digital Trade Chain, the platform was renamed as we.trade… Read More

Blockchain based ID Firm Vereign AG Closes on CHF 2.5 Million Seed Round

Claus Bressmer

Vereign AG, based in Zug, Switzerland, has closed on a financing round of CHF 2.5 million (~ $2.58M) to establish a Swiss network for a verified and self-managed identity service. The financing round was led by AquilaDirekt AG and a renowned Swiss entrepreneur through a… Read More

California-based Dole Food Company to Integrate Distributed Ledger Tech for Managing Supply Chain Processes

Fruit Pineapple Oranges Food Market

California-based Dole Food Company, an agricultural multinational corporation, has introduced a five-year plan to integrate blockchain or distributed ledger technology (DLT) for managing supply chain processes. Dole Food Company is the largest producer of fruits and vegetables in the world. The agribusiness company generated over… Read More

IBM Joins Forces With Fenergo to Tackle Financial Crime

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Ireland-based fintech Fenergo announced on Tuesday it has joined forces with IBM (NYSE: IBM)  to fight financial crime. The duo signed an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients address the multitude of financial risks they… Read More

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