IBM Invests $200M Into Blockchain and IoT Research at German Headquarters
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....
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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....
The government-backed foundation is funding research and development of commercial use cases for blockchain technology.
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that it invested $200 million in the crypto-asset exchange Mercado Bitcoin. Mercado Bitcoin’s $200M Capital Raise: Softbank Funds One of the largest Series B funding rounds in LATM The Softbank Latin America Fund has invested in Mercado Bitcoin’s parent company 2TM Group. The announcement....
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....
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....