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    ABI Insights

    IBM's Blockchain Gambit

    by Michela Menting

    IBM has just announced it is investing $200 million in blockchain technology to drive forward its Watson IoT efforts. The firm is opening up a new office in Germany, which will serve as headquarter to new blockchain initiatives. The investment is part of the $3 billion that IBM pledged to develop Watson’s cognitive computing for the IoT. The goal of the new investment is to enable companies to share IoT data in a private blockchain. A commercial implementation is already underway with Finnish company Kouvola Innovation that wants to integrate its capabilities into the IBM Blockchain and link devices ...

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