• 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.

  • Venture capital, grinding everyone's gears (via Shutterstock).
    Technology

    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.