IBM Invests $200 Million in Watson IoT Blockchain Development
IBM has invested $200 million USD in the Watson Internet of Things (IoT) global headquarters in Munich, Germany, including new IoT capabilities related to blockchain. IBM will support Watson IoT Technologies efforts to deliver insights from billions of sensors in cars, drones, machines, ball bearings, equipment and even hospitals, according to a press release. The investment is part of a $3 billion USD global outlay to bring Watson cognitive computing to IoT. The $200 million investment is one of IBM’s largest in Europe, as it attempts to address rising customer demand for transforming....
Related News
IBM announced a strategic partnership with China’s UnionPay Bank and a US$200 million investment in its Watson Internet of Things (IoT) headquarters to fund various Blockchain developments. The multi-million Dollar investment in the company’s IoT research and development institute is a part of a larger global US$3 billion project, established to introduce a wider range of use cases in the field of Blockchain technology. With the new capital, IBM’s Watson IoT business Global Head Harriet Green believes the company will be able to form relationships with Germany’s leading developers and....
IBM is pushing for integration between the Internet of Things (IoT) and blockchain technology. The firm has invested $200 million USD in its Watson IoT headquarters in Munich, Germany, to research and develop the capabilities of these two innovations. IBM Injects $200M Into German IoT Branch. The multinational tech giant is racing towards blockchain....
IBM today opened an incubator where 5,000 computer scientists will work to build rapid prototypes using the company’s blockchain and Watson AI tools for businesses in the Asian-Pacific region. Called the Watson Centre at Marina Bay in Singapore, the incubator will also house Singapore’s IBM Garage, which will specialize in building blockchain applications using the company’s Open Standards tools. IBM Asia Pacific’s chairman and CEO, Randy Walker, described the operation in a statement: "Watson and blockchain are two technologies that will rapidly change the way we live and work, and....
CoinTelegraph speaks to Devon Watson, Diebolds VP of Global Software R&D, on a mobile driven ATM, conditions for using Bitcoin in mobile banking and implementation of Blockchain into the Diebold platform. Diebold Inc are a financial self-service, security and services corporation, incorporated in the United States since 1876. It is the world's largest manufacturer of ATMs with divisions in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. Devon Watson, Diebolds VP of Global Software Research and Development, is an owner of bitcoinCT r: 8 and a big fan of....
Zac Watson joined "Meet The Taco Plebs" to discuss Bitcoin's impact on his life and freedom characteristics.