We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » IBM launches blockchain adoption accelerator
newsworthy

IBM launches blockchain adoption accelerator

May 19, 2017
DC Velocity Staff
No Comments

IBM Corp. is continuing to roll out blockchain trading-platform solutions for companies in logistics and other sectors, announcing Thursday that it had launched a program to help enterprises adopt the secure data-sharing technology faster.

Armonk, N.Y.-based IBM said its "Blockchain Founder Accelerator" will provide expertise and support across the technological, legal, and business considerations of establishing new blockchain networks.

Blockchain is a software technology that supports a secure, shared data network that allows each business partner to have end-to-end visibility based on its level of permission, IBM says. The approach is best known for being the foundation of the virtual financial currency called Bitcoin, but has spread quickly in recent months as companies in banking, logistics, manufacturing, and retail see benefits in its promise of protecting every digital record from being changed without the consensus of all parties involved.

Applied to logistics applications, that means that each participant in a global trade ecosystem can view the progress of its goods throughout the supply chain with confidence that it is viewing correct data, such as where a container is in transit, the status of its customs documents, or information on bills of lading.

In March, IBM said it had teamed up with Maersk Line in an initiative to use blockchain technology to speed the flow of data through the Danish shipping giant's global supply chain, and would soon open the network up to additional users.

The new Blockchain Founder Accelerator program delivers on that strategy by addressing the key challenges many early adopters and enterprise developers have identified through the development of leading blockchain networks, then sharing that collective knowledge with enterprise founders to drive the rapid adoption of production blockchains, the company says.

"Blockchain is a team sport. With the right network of participants collaborating on the blockchain, the benefits can be exponential," Marie Wieck, general manager for blockchain technology at IBM, said in a release. "IBM has worked on more blockchain projects than any other player in the industry, and we understand the challenges organizations face and the resources needed to get blockchain networks right the first time. IBM is proactively building solutions and entire blockchain ecosystems across a broad range of industries, and we are sharing our expertise and resources to help more organizations quickly set up their networks."

Technology
KEYWORDS IBM
  • Related Articles

    IBM extends blockchain platform for food supply chain

    IBM teams with Nestle, Wal-Mart on blockchain solutions

    Maersk and IBM say 94 groups have signed on to blockchain platform

Recent Articles by DC Velocity Staff

Sloppy thieves botch trailer heist

Freightos completes plan to go public on NASDAQ exchange, raises $80 million

Retailers lose visibility as they outsource last-mile delivery, FarEye says

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

  • In Person: Steve Beverly of Penske

  • InPerson interview: Rob McKeel of Fortna

  • Fred Smith is not worried about Amazon

Now Playing on DCV-TV

89cfed30 8aac 4284 960d c8c8c1886e16

Have you checked your read rate lately?

DCV-TV 4: Viewer Contributed
No reads. Unaccounted for boxes. Boxes sent to the wrong place. A logistics nightmare! But this nightmare doesn’t have to come true. SICK’s linear line scan camera is what dreams are made of for your logistics operations. And if you’re worried about motion and vibration from conveyor belts...well, there’s no reason...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing