Blockchain 

Initiative Including Microsoft, Intel and IBM Introduces Token Standards

The Token Taxonomy Initiative (TTI) has unveiled a framework to standardize the construction of tokens. The initiative has made its Token Taxonomy Framework (TTF) available to the public, according to a press release shared with Cointelegraph on Nov. 4. The platform-neutral framework will purportedly provide a set of definitions for tokens in various implementations. The TTI includes a common set of concepts, definitions of tokens and their use-cases across industries, a classification hierarchy, a composition framework and other standards. The TTI’s members include major tech, financial, software and blockchain firms…

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Blockchain 

Lithuania’s Central Bank Considering IBM for Its LBChain DLT Platform

Lithuania’s central bank, Bank of Lithuania, has selected technology behemoth IBM and IT services firm Tieto as the finalists contending to develop its blockchain platform. Financial technology news outlet FintechFutures reported on the contest’s developments on Oct. 23. Per the report, both firms will test their platform and the winner will be selected later in 2019 as part of the project dubbed LBChain.  The project’s manager at the Bank of Lithuania Andrius Adamonis commented: “The final testing session will show which solution is most suitable for market needs. […] We…

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Blockchain 

TBCASoft, IBM and SoftBank Announced a Mobile Payment Blockchain

Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution. New cross-carrier system Per the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly already created a cross-carrier blockchain with 18 participants.  The first application that CBSG intends to launch is the Cross-Carrier Payment System (CCPS), which aims to enable mobile service users to use their phones for payments…

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Blockchain 

Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO

Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO). According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian technology startup S7 TechLab.  In the past, she also worked as the director of IBM’s systems and technology laboratory and the director of risks and market data at Deutsche Bank. Focused on new partnerships Potential collaboration with major companies such as IBM is now among…

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Blockchain 

Broadway’s Biggest Ticket Operator to Use IBM Blockchain Against Scams

Broadway’s largest ticket operator, the Shubert Organization, is integrating a blockchain solution into its business in a forthcoming pilot targeted at combating ticket fraud. The organization, via its Telecharge and Shubert Ticketing division, has partnered with Boston-based startup True Tickets, which offers an IBM blockchain-powered mobile ticketing solution. News of the partnership was revealed in an Oct. 16 report from Fast Company. Combating ticket fraud with blockchain True Tickets, which was selected to take part in this summer’s inaugural Broadway Tech Accelerator, will see its digital ticketing service integrated into…

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Blockchain 

IBM Launches New Blockchain Supply Chain Product Using Red Hat Tech

Global tech giant IBM has launched a new integrated supply chain product based on IBM’s technologies including Watson AI and IBM Blockchain. Hybrid-cloud integration Called Sterling Supply Chain Suite, the new IBM’s product enables hybrid-cloud support of data integration between manufacturers, retailers and other network participants, purportedly providing greater reliability, transparency and security, the firm announced on Oct. 8. Specifically, the level of integration flexibility provided by the new service enables enterprises to update and improve their supply-chain solutions in accordance with business needs. Red Hat acquisition IBM says the…

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Cryptocurrency 

IBM is Interested in Working on Facebook’s Libra Crypto

The cryptocurrency space has been on an impressive run this year and one of the biggest developments this year was the announcement of Facebook’s Libra, the social media company’s very own crypto token. It goes without saying that it was a huge announcement and caused a lot of noise in the crypto sphere. As is well known, Facebook (NASDAQ:FB) is heading the Libra project, but the company is going to be helped by many other firms. Key Development Today, it has emerged that tech giant IBM (NYSE:IBM) is apparently open…

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Blockchain 

IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator

IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator. Corporations mingle with blockchain startups Local news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the second edition of its four-month program. Per the report, Tribe helps blockchain startups in their growth-stage by connecting them with major corporations. Startups of this second group operate in fields such as media and advertising, cybersecurity, healthcare, fintech and supply chain management.  The list of participating startups includes Binance-backed…

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Blockchain 

Coffee Industry Taps IBM Blockchain Solution to Track Supply Chain

A group of global coffee companies aims to launch a blockchain platform to track coffee using an IBM-developed app by early 2020. Building on IBM Food Trust Platform Farmer Connect, a tech startup developing farm-to-client traceability tools, has teamed up with the world’s top coffee firms such as Jacobs Douwe Egberts (JDE) and Smucker to apply blockchain to coffee supply chain tracking using the IBM Food Trust Platform, the firm announced on Sept. 18. According to a press release by Farmer Connect, the startup has worked with global tech giant…

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Blockchain 

Boeing Joins IBM on Hedera Hashgraph’s Governing Council

Major global aerospace manufacturer Boeing has reportedly joined the governing council of enterprise-focused decentralized network Hedera Hashgraph. Ten members so far The American aircraft giant is the 10th firm in the list of Hedera’s governing council members, including tech giant IBM, Japanese financial holding company Nomura Holdings, Indian telecom Tata Communications and financial services firm FIS Global, Coindesk reported on Aug. 29.  According to the report, Boeing has not officially confirmed the news. On Hedera’s council, each member runs its own node via hashgraph — a patented algorithm claiming to…

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