Cloud News

Grocer is the latest company to adopt blockchain-based traceability system for global food ecosystem

Albertsons Companies, one of the largest food and drug retailers in the United States, is joining the blockchain-based IBM Food Trust network and will begin piloting the technology to improve how food is traced from farm to store shelf. The addition of Albertsons Companies to the Food Trust ecosystem of more than 80 brands brings blockchain-based food traceability to more consumers and industry players – from producers to suppliers to retailers – by helping enable greater transparency and collaboration, and ultimately, a safer food supply.

Provides real time settlement using a variety of digital assets

IBM today announced IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible in a growing number of markets.

Designed to optimize and accelerate foreign exchange, cross border payments and remittances, World Wire is the first blockchain network of its kind to integrate payment messaging, clearing and settlement on a single unified network, while allowing participants to dynamically choose from a variety of digital assets for settlement.

Provides automated backup and recovery in place of physical tape handling and storage for IBM Power Systems

IBM i shops relying on tape or tape libraries for their backup and recovery have a new alternative to speed up and simplify their operations. LaserVault ViTL offers a fast and affordable way to eliminate or reduce dependence on using tape for IBM Power Systems and eliminate the costly manual processes associated with using tape.

CULedger, a credit union service organization (CUSO), today announced a collaboration with IBM to pioneer new blockchain-based services to help credit unions provide a better experience for members.

CULedger will work with IBM to use permissioned blockchain technologies to create an immutable audit trail that can be used to create new business models and transform existing business processes for credit unions. The companies also intend to help drive greater financial inclusion by extending reach to a broader range of new members.

The Freshwater Trust, IBM Research and SweetSense Inc. aim to make groundwater usage sustainable

The Freshwater Trust (TFT), a 501(c)(3) nonprofit working to protect and restore freshwater ecosystems, is partnering with IBM Research and SweetSense Inc., a provider of low-cost satellite connected sensors, to pilot technologies which can accurately monitor and track groundwater use in one of the largest and most at risk aquifers in North America. Additional research support will be provided by the University of Colorado Boulder.

Inclusive blockchain-based ecosystem to be designed to enable healthcare companies to build, share, and deploy solutions that drive digital transformation

Aetna, Anthem, Health Care Service Corporation, PNC Bank and IBM today announced a new collaboration to design and create a network using blockchain technology to improve transparency and interoperability in the healthcare industry.  The aim is to create an inclusive blockchain network that can benefit multiple members of the healthcare ecosystem in a highly secure, shared environment. The goal is to allow the blockchain network to enable healthcare companies to build, share and deploy solutions that drive digital transformation in the industry.

IBM and Columbia University today announced two new accelerator programs to build and scale the next generation of blockchain innovation. As key components of the Columbia-IBM Center for Blockchain and Data Transparency, the accelerators will offer entrepreneurs and blockchain network founders around the world access to the expertise and resources they need to establish blockchain networks.

Most significant tech acquisition of 2018 will unlock true value of cloud for business

IBM and Red Hat to provide open approach to cloud, featuring unprecedented security and portability across multiple clouds

IBM Changes Cloud Landscape with Red Hat Acquisition

Deal accelerates IBM's high-value business model, making IBM the #1 hybrid cloud provider in an emerging $1 trillion growth market

Acquisition will be free cash flow and gross margin accretive within 12 months, accelerate revenue growth and support a solid and growing dividend

IBM to maintain Red Hat's open source innovation legacy, scaling its vast technology portfolio and empowering its widespread developer community

Red Hat to operate as a distinct unit within IBM's Hybrid Cloud team

IBM and Red Hat, the world's leading provider of open source cloud software, announced today that the companies have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion.