When IBM CEO Ginni Rometty took the stage as keynote speaker at the FinTech Ideas Festival this month in San Francisco, she mentioned how the tech giant is working with a Memphis agribusiness to improve trading.
Category: Company News
The cotton industry may evoke images of rural farmers and old Memphis industry, but modern-day businesses rely heavily on cutting-edge technology for production and trade.
In another example of how IBM is using blockchain, it also just announced that it’s partnering with The Seam, a commodity trading and management systems company, to create a cotton industry consortium devoted to the creation of a blockchain-based “supply chain and trading ecosystem.” The effort will make use of IBM’s blockchain technology and expertise and will use IBM’s Hyperledger Fabric in an industry-first.
2016 seemed to be the year of blockchain big bank consortia, perhaps 2017 will be the year of blockchain consortia in other industries. Today, The Seam, a commodities trading, and agribusiness software provider, announced the formation of a blockchain consortium for the global cotton industry. In conjunction with IBM, The Seam wishes to create a supply chain and trading ecosystem built on IBM blockchain tech using the Hyperledger Fabric.
The Seam, a commodities trading and agribusiness software provider, today announced that it is forming a blockchain consortium for the global cotton industry. Working with IBM (NYSE:IBM), the company intends to lead an industry-wide collaboration initiative to create a supply chain and trading ecosystem built on IBM blockchain technology, specifically using the Hyperledger Fabric.
U.S. commodities trading and agribusiness software provider The Seam has announced that it is forming a Blockchain consortium for the global cotton industry in tandem with IBM. The company intends to lead an industry-wide collaboration initiative to create a supply chain and trading ecosystem built on IBM’s technology, specifically using Hyperledger’s Fabric.
Commodities trading and agri-business company, The Seam, announced on Thursday that it has collaborated with IBM to form a blockchain consortium for the global cotton industry, using the Hyperledger Fabric.
The Seam is forming a new consortium in collaboration with IT giant IBM to provide distributed ledger solutions for the cotton businesses globally.
The Seam, a commodities trading and agribusiness software provider, is forming a blockchain consortium for the global cotton industry.
The Seam, a commodities trading and agribusiness software provider, recently announced it is forming a blockchain consortium for the global cotton industry. Working with IBM, the company intends to lead an industry-wide collaboration initiative to create a supply chain and trading ecosystem built on IBM blockchain technology, specifically using the Hyperledger Fabric.