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Maersk IBM Form Joint Venture Applying Blockchain to Improve Global Trade & Digitize Supply Chain

A.P. Moller - Maersk and IBM have announced their intent to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.

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With a focus on providing more efficient and secure methods for conducting global trade through the usage of blockchain technology, ocean cargo giant A.P. Moller-Maersk and technology powerhouse IBM announced plans this week for a joint venture (JV). IBM and Maersk said that the objective of this JV is to provide a jointly developed global trade digitization platform that is built on open standards and designed for use by the entire global shipping ecosystem

A.P. Moller - Maersk and IBM have announced their intent to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.

A new solution powered by IBM Blockchain in partnership with Stellar.org and KlickEx Group provides collaboration with banking leaders to accelerate financial exchange and settlement across currency corridors.

This IDC Vendor Profile discusses IBM's blockchain strategy, existing portfolio around this technology, and specific use cases, defines blockchain and outlines its benefits and current limitations and describes IBM's engagement with the technology since 2014 and its current offering.

IBM has introduced the first fully integrated, enterprise-ready IBM blockchain platform to accelerate food safety adoption and provide new academic and developer initiatives to advance blockchain skills.

With Hurricane Harvey making landfall entire warehouses full of products, as well as significant links in the global supply chain, could be affected, this raises the issue of supply chain risk once again and what role analytics has in creating managerial insights into such events.

Partnership gives Incedo access to cognitive power of the IBM Watson IoT platform for industry solutions.

Create a modern supply chain that is transparent, intelligent and predictive, establish greater visibility into supply chain data and processes and by leveraging cognitive technologies, supply chain organizations can both predict and mitigate disruptions and risks and deliver more value to the business.

Watson, Wimbledon’s first AI tennis pundit, has been searching for insight into what makes a great Wimbledon champion by studying sixteen singles champions and eight doubles pairs, along with statistical analysis of 53.7 million data points, it has studied 22 years of sports commentary, read over 11.2 million words, considered the perspective of tennis experts and coaches, all told, 28 years of Wimbledon data.

Blockchain technology is a great way to enhance your supply chain management, and with the use of smart contracts, you can make sure different suppliers are meeting their obligations - this is a global system for mediating trust and selective transparency and could potentially transform your supply chain.

Blockchain technology - which creates a permanent and transparent record of transactions - has the potential to obviate intractable inhibitors across industries.

With summer rapidly approaching, keeping a watchful eye on the weather requires extra attention. A new offering from The Weather Company (TWC), a subsidiary of IBM, takes that much further, with this week’s introduction of its Operations Dashboard for Ground Transportation. TWC describes the dashboard as an offering geared towards optimizing workforce productivity and route selection for freight and logistics companies, and it is comprised of various weather-related data sources, including: precipitation, wind, fog, ice and pooling water, integrating real-time traffic flow and incident data, and flagging safety hazards.

During a time when transparency matters more than ever, enter blockchain, blockchain has the potential to become the new gold standard of business and trade, but first, all nations need to accept the new technology.

IBM and salesforce.com CRM are partnering to solidify their footprint in the rapidly growing artificial intelligence market, the collaboration will bring together the capabilities of IBM Watson and Einstein AI that will make the decision making process smooth for clients.

Global retailer joins pilot project with academics and technology experts to showcase leadership in food traceability efforts and help bring safer food to dinner tables across China.