It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
IBM sets up block chain operation IBM sets up block chain operation
FAQ Members List Calendar Search Today's Posts Mark Forums Read


IBM sets up block chain operation
Reply
 
Thread Tools
Old 21st December 2015, 18:39   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 148,055
Stefan Mileschin Freshly Registered
Default IBM sets up block chain operation

Big Blue has announced it will lead the development of a new blockchain financial transaction infrastructure called Open Ledger.

This is designed for major banking and financial institutions including Wells Fargo, JP Morgan and the London Stock Exchange

The project will create a more flexible exchange ledger of exchange and will share some concepts to the blockchain that underpins Bitcoin and other cryptocurrency systems. The new system will be ‘semi-private’ with an open source approach to development.

Open Ledger will be overseen by the non-profit Linux Foundation. IBM has been researching blockchain technology for the past year together with Digital Asset Holdings. The pair are to be joined by Microsoft, VMware, Fujitsu, Mitsubishi UFJ Financial Group and financial application-builder SWIFT.

Marley Gray, Director of Technology Strategy US Financial Services at Microsoft Azure, also told Fortune that the new system could provide additional security and operate as a major impediment to stock market gaming. It might also kill off the need for ‘expensive middlemen’, or the need to put trust into particular individuals and organisations.

http://www.techeye.net/business/ibm-...hain-operation
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Haswell and LGA 1150 Platform: Right Operation and Overclocking Stefan Mileschin WebNews 0 9th January 2014 09:42
This is how Google Glass is being used by surgeons in the operation theatre Stefan Mileschin WebNews 0 28th August 2013 08:28
UK gathering secret intelligence via NSA operation PRISM Stefan Mileschin WebNews 0 10th June 2013 08:35
Scythe Restructures U.S. Operation, Won't Leave Stefan Mileschin WebNews 0 3rd December 2012 08:28
Fujitsu and SuVolta Demo ULV Operation of SRAM Down to ~0.4V Stefan Mileschin WebNews 0 9th December 2011 08:01
ATI to Boost Efficiency of Multi-GPU Operation in OpenGL jmke WebNews 1 13th June 2009 12:10
Tek-Chain TC-12CAS-BL120mm adjustable LED fan Sidney WebNews 2 26th March 2005 05:53
Daisy Chain Your UPS?" Sidney WebNews 0 23rd December 2004 16:47
Operation: Integration Alumicoat Phase I web56n Hardware Overclocking and Case Modding 67 10th March 2004 05:09
serious under voltage operation Pirre Hardware Overclocking and Case Modding 4 8th August 2003 16:24

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 09:54.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO