• How IBM used to store data before blockchain technology (via Pixabay).
    Technology

    IBM launches blockchain coalition with Anheuser-Busch, Cisco, and GlaxoSmithKline

    The Trust Your Supplier network uses IBM Blockchain to track documents and invoices for a wide range of industries

    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.

  • People,  Technology

    EXCLUSIVE: Stanley Yong, IBM CTO, departs Big Blue

    After Jesse Lund exit, a blow to IBM blockchain ambition and Stellar partnership

    Just two weeks after IBM’s blockchain ambitions fell into doubt with the mysterious departure of Jesse Lund, Big Blue is set to lose another key advocate for the space. Modern Consensus has exclusively learned that Stanley Yong, the company’s Global Lead on Central Bank Digital Currency Solutions, is leaving the company.

  • A Citibank, in case you've never seen one (via Wiki Commons).
    Alt coins,  Technology

    As JPM Coin launches, Citi reflects on decision to cancel Citicoin

    JPMorgan’s Ethereum-based digital currency has competition from IBM Blockchain World Wire’s Stellar-based stablecoin platform

    In the wake of JPMorgan’s February launch of its Ethereum-based JPM Coin digital currency, Citi let it be known why it had killed the Citicoin project its innovation lab discussed—but never formally announced—back in 2015.