Business

Massive IBM Announcement Proves Blockchain Has Officially Gone Mainstream

Massive IBM Announcement Proves Blockchain Has Officially Gone Mainstream

In January, tech giant IBM was able to happily report to investors that after 22 consecutive quarters — nearly six years — of declining revenue growth, the company saw gains in the last quarter of 2017.

In a news release, executives clearly identified the reason for the turnaround at IBM, a century-year-old institution that began as the Computing-Tabulating-Recording Company.

“During 2017, we strengthened our position as the leading enterprise cloud provider and established IBM as the blockchain leader for business,” IBM chairman and CEO Ginni Rometty said.

CFO James Kavanaugh also mentioned the blockchain while speaking of IBM’s future plans:

Continue

Search

What are you looking for?