IBM Invests $200 Million in Blockchain-Powered IoT Office

IBM Invests $200 Million in Blockchain-Powered IoT Office

IBM’s previously announced work intersecting blockchain and AI is moving forward with the establishment of a new office in Germany. The announcement is part of a broader technology push initiated this week by IBM, which is investing $200m to fuel its internet of things (IoT) efforts. IBM is opening a new office in Munich to spearhead those initiatives, within which its blockchain work on connected devices is based. IBM, a founding member of the open-source Hyperledger project, emerged earlier this year as a strong advocate for the technology. It has since pursued a variety of projects....


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