IBM is teaming up with blockchain builder Chainyard on a new supply chain management platform that has attracted participants from a half dozen industries. While many major coalition blockchain projects are industry specific—like Big Blue’s TradeLens Consortium for shipping and its Food Trust alliance for produce—the Trust Your Supplier network is focused on documenting and verifying supplier information of all types.
VC investments fall sharply, but blockchain usage rises
CB Insights predicted start-up funding will drop 60%, but IDC said spending on blockchain implementation will double
A new report from CB Insights said investments in blockchain technology start-ups have tanked so far in 2019, and could end the year 60% lower than 2018. But the interest in the technology in the corporate world appears to be booming, with Fortune 500 companies investing more time and effort in bringing blockchain projects to fruition.
The caption for this is "Young crypto engineer applying form of characteristics of new bitcoin mining hardware," but we're not quite sold that's accurate (via Shutterstock).Ford, Verizon, Revlon among companies looking to up their blockchain game
Distributed ledger technology is a skill sought in firms not traditionally associated with the blockchain or cryptocurrency industry
There’s been a lot of attention paid in the last few days about the amount of blockchain and cryptocurrency jobs available at banks like JPMorgan and accounting firms like PricewaterhouseCoopers and Deloitte, but there are more than a few large, non-finance firms looking to hire people with blockchain knowhow and experience right now, including Ford, Revlon, and Penske Logistics, according to LinkedIn Jobs.
Must-reads for September 26, 2018: Bitmain’s IPO filings, Dimon does blockchain, and other fun reads
Here are the crypto stories you should be watching today
The World’s Biggest Crypto Company Just Opened the Books for Its IPO (Bloomberg) If the word “Bitmain” isn’t aready synonymous in your head with “Bitcoin,” it’s time that it is. The China-based company makes the bulk of the ASIC mining machines that mine Bitcoin and other cryptocurrencies. And mining groups controlled by Bitmain oftentimes control more than half of all of Bitcoin’s network hashrate. It turns out mining all that crypto is equivalent to mining fiat. Bitmain, which on Wednesday filed to go public in Hong Kong, had a $742.7 million profit on $2.8 billion in revenue in the first half of 2018. Its return on equity is close to…
