Sunday, March 26, 2023

IBM executive says blockchain becoming a useful ‘real business tool’ By Cointelegraph


IBM executive says blockchain becoming a useful ‘real business tool’

It was just a few years ago that enterprises began showing interest in using blockchain as a technology to bring trust, transparency and better collaboration to multiple entities sharing sensitive business data. Yet as the blockchain space has matured, more companies have started to view blockchain less as a technology and more as an important business tool for digitalization.

IBM (NYSE:) Blockchain’s general manager, Alistair Rennie, noticed this evolution earlier this year. Cointelegraph had the pleasure of speaking with Rennie to learn more about the evolving enterprise blockchain landscape, how blockchain is playing an important role in IBM’s hybrid cloud strategy, and why “Big Blue” firmly agrees with the principles of private, permissioned networks.

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