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Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group have joined an initiative launched by UBS and IBM (NYSE: IBM) in 2016 to build a new global trade platform based on blockchain technology.

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IBM today unveiled “Project DataWorks,” a Watson initiative that is the industry’s first cloud-based data and analytics platform to integrate all types of data and enable AI-powered decision-making. Project DataWorks is designed to make it simple forbusiness leaders and data professionalsto collect, organize, govern and secure data, so they can gain the insights needed to become a cognitive business.

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