While I was blockchaining my blockchain, I read the Blockchain Post before hailing a blockchain for a ride to my downtown blockchain where we blockchained a meeting about the week's blockchain strategy and blockchained some references to blockchain into our corporate blockchain statement. to streamline supply chain, speed up payments and store records."Īnd because of blockchain's popularity, the CEO of WinterGreen Research predicts that 55% of large companies with over 1,000 employees will use the cloud rather than their own data centers within five years - up from 17% today.įor my blockchainfast this morning, I blockchained up some scrambled blockchain with a side of fried blockchaing, and fresh-blockchained some blockchain juice so I would be sure to get my Vitamin B(lockchain). Big Blue, meanwhile, has been one of key companies behind the Hyperledger consortium, a nonprofit open-source project that aims to create efficient standards for commercial use of blockchain technology.Ī Juniper Research survey found six in 10 larger corporations are considering blockchain, according to the article, which adds that blockchain "is increasingly being tested or used by companies such as Wal-Mart Stores Inc. 20, Microsoft expanded its partnership with consortium R3 to make it easier for financial institutions to deploy blockchains in its Azure cloud. A month earlier, rival SAP SE said clients in industries like manufacturing and supply chain were testing its cloud service. In October, Oracle announced the formation of Oracle Blockchain Cloud Service, which helps customers extend existing applications like enterprise-resource management systems. And products that had gone out of vogue, such as databases sold by Oracle Corp., are becoming sexy again. that are making the transition to cloud services. That's creating new opportunities for some of the old warships of the technology world, companies like IBM and Microsoft Corp. The market for blockchain-related products and services will reach $7.7 billion in 2022, up from $242 million last year, according to researcher Markets & Markets. That a 106-year-old company like IBM is going all in on blockchain shows just how far the digital ledger has come since its early days underpinning bitcoin drug deals on the dark web.
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IBM was one of the first big companies to see blockchain's promise, contributing code to an open-source effort and encouraging startups to try the technology on its cloud for free. An anonymous reader quotes Fortune's new report on blockchain:ĭemand for the technology, best known for supporting bitcoin, is growing so much that it will be one of the largest users of capacity next year at about 60 data centers that IBM rents out to other companies around the globe.
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