IBM blockchain News

New IBM Blockchain Network Manages Supply Chain Including Insurance

International Business Machines Corp. announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management. Supply chain management involves overseeing the flow of goods and services, such as tracking the movement and storage of raw …

Marsh Develops Blockchain Solution for Clients in Sharing Economy

Marsh announced that it is developing the first blockchain-based verification solution for clients in the fast-growing sharing and gig economies. Working in collaboration with Evident, a data security platform that allows businesses to run comprehensive, accurate verifications without handling sensitive …

Marsh Makes Blockchain Proof of Insurance Accessible Through Salesforce

Insurance broker Marsh is expanding its collaboration with IBM to provide clients with access to the industry’s first commercial blockchain product for proof of insurance through the Salesforce customer management platform. Blockchain technology promises to automate and streamline the proof …

Walmart Ready to Mandate Blockchain for Certain Food Suppliers

After several years of tests, Walmart Inc. is ready to mandate use of blockchain technology by a swath of its U.S. suppliers, marking one of its biggest commercial uses. Starting in September 2019, Walmart and its Sam’s Club division will …

AIG ‘Smart’ Policy Uses Blockchain to Manage International Coverage for Bank

American International Group Inc. and Standard Chartered Bank plc announced they have successfully piloted what they say is the first multinational, “smart contract” based insurance policy using blockchain, a distributed ledger technology. Noting that coordinating management and placement of multiple …