Bank of America Thinks Blockchain Could be a $7 Billion Market

Bank of America research analysts have predicted that blockchain technology could represent a multi-billion dollar industry down the road, and be of particular benefit for leading companies like Amazon and Microsoft. BoA: Many Can Benefit From Blockchain The analysts predicted the total addressable blockchain market would eventually hit $7 billion, but there was not a particular The post Bank of America Thinks Blockchain Could be a $7 Billion Market appeared first on CCN

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Barclays and Citi Among the Banks Trialing IBM’s ‘Blockchain App Marketplace’

Tech giant IBM and forex settlement provider CLS are collaborating in testing a platform known as LedgerConnect that will make it possible for banks, software vendors, and fintech firms to deploy, share, and consume blockchain-based software. The platform was developed by IBM in partnership with Hyperledger. Banking giants Barclays and Citi are among two of The post Barclays and Citi Among the Banks Trialing IBM’s ‘Blockchain App Marketplace’ appeared first on CCN

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IBM Wins AUD $1 Billion Contract to Develop Blockchain, Tech Initiatives for Australia Govt.

Computing giant IBM has been awarded a landmark contract to develop blockchain and other digital technology initiatives for the government of Australia. Announced on Thursday, the five-year, AUD $1 billion (~USD $740 million) contract is Australia’s latest attempt to make good on its goal to become one of the world’s “top-three digital governments” by 2025 The post IBM Wins AUD $1 Billion Contract to Develop Blockchain, Tech Initiatives for Australia Govt. appeared first on CCN

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IBM Patents System That Creates Audited Blockchain ‘Checkpoints’

IBM has won two patents for a system that verifies the integrity of a blockchain, certifying that it has passed certain audit requirements at particular periods in time. Both patents were approved on May 31 and are related in that they describe certified, audit-able “checkpoints.” The main goal of the checkpoints is to allow businesses to The post IBM Patents System That Creates Audited Blockchain ‘Checkpoints’ appeared first on CCN

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