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IBM is such a shadow of what it used to be. Hopefully newer health+genomic+ai startups or initiatives at less dinosauresques companies will make the next leap happen in our lifetime.



Currently they have one of the only if not the only enterprise permissioned blockchain project called fabric and it’s open source.

I could see them making a comeback with crypto but not the way we think about it today. Instead, inter-enterprise operations infrastructure.


I attended a talk a few years ago given by one of the blockchain VPs at IBM.

It turned out that under the hood they were just using conventional distributed database technology. All marketing in order to get multiple companies to work together on shared systems.


I believe it. There’s value in shared systems but not necessarily a special data store.


> one of the only if not the only enterprise "permissioned" blockchain projects

Not quite, check out Corda's R3 project - it's already being widely used in enterprise and projects are being built on top of it.


Good to know, thank you.


The problem with “blockchain” is it is a textbook example of a solution in search of a problem.


I agree when thinking about building software in one org where there is coordination. When expanding to multi org and international, the problems to solve become much clearer imo.


What is the use case for this technology? If it's permissioned, it might as well be a normal database with the "append-only" setting enabled.


Federated, hashed data stores in zero-trust environments is one (though this isn't the best or only way to approach it, and blockchain is almost always unneeded), where you don't want to share the underlying data but want to provide enough information to support reporting requirements. Public health, taxation, etc. come to mind.


HyperLedger Fabric docs have an example of a manufacturer, vendor and short term finance provider all on the same network with transactions happening instantaneously. Then when you look into case studies, Honeywell has an airplane parts marketplace that’s apparently streamlined their sales process. I’ve seen some Upwork contractors demoing medical data platforms. I didn’t understand that one as much.


Based on their lack of competitive pay, I assume IBM does or will end up competing with TCS, Cognizant, Infosys, etc.




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