IBM announced the beta launch of a new cloud environment enabling companies to test and run blockchain projects. Its first customer is Everledger, specialised in the tracking of diamonds and luxury items.
The corporation plans to implement a blockchain project that will allow the company to deal with dispute resolution more effectively and at a lower cost. The scale of the prospective network is unprecedented.
The China-based multinational automotive giant has announced their plans to partner with IBM and Microsoft. The aim is to develop blockchain solutions for the upcoming Wanxiang smart cities initiative.