IBM has launched a global blockchain network for cross-border payments that will use both stable coin backed by U.S. dollars and cryptocurrency to make near real-time cross border financial transactions.
Stories by Lucas Mearian
A new jobs report shows software engineers with blockchain skills are in higher demand than at anytime in the past and the number of positions has grown more than five-fold in the past year.
The much-hyped distributed ledger technology (DLT) has the potential to eliminate huge amounts of record-keeping, save money, streamline supply chains and disrupt IT in ways not seen since the internet arrived
Blockchain technology is being piloted as the basis for self-sovereign identities, which can eliminate user names and passwords for logging into corporate sites or verify sensitive information such as income for purposes of a loan without revealing personally identifiable information.
Echoing a number of similar reports this year, the career and professional social site says listings for blockchain developers have exploded. The reason: continued interest in cryptocurrency.
Blockchain has entered Gartner's 'Trough of Disillusionment' as a new report cites dozens of purported success stories that turned out to be failures.
IBM's Watson Health division has been under fire for not delivering on its promise to use AI to enable smarter, more personalised medicine. But IBM officials maintain that hospitals are seeing benefits.
Oracle has announced a suite of SaaS applications based on its Oracle Blockchain Cloud Service for the purpose of tracing and tracking supply chains.
While blockchain-based payment networks could help eliminate central authorities and their accompanying fees for cross-border transfers, banks and other enterprises see risks.
While some expressed trepidation around regulatory uncertainty and a lack of standards, a large portion of enterprise executives said their companies are well on their way to deploying blockchain to enable new efficiencies.
SAP has created a consortium of business partners to help it craft applications for a cloud-based blockchain platform that can track goods from creation to shipment to manufacturer as part of an automated supply chain system.
Over the next several years, CFOs and their finance organisations will be able to tap three key technologies to make their business processes better, faster and less expensive.
Blockchain development is the hottest IT job skill today; knowing what companies want is key to landing a high-paying and challenging job working with the still-emerging distributed ledger technology.
Amazon plans to be one of a handful of vendors providing blockchain-as-a-service for enterprises seeking to test the waters without expense and risk.
Proof of Work algorithms, which govern how bitcoin and other cryptocurrencies run, have proven slow and costly. So developers are eyeing a faster and more efficient algorithm: Proof of Stake.