IBM reveals the fact of Blockchain Computer to track objects
March 20, 2018 12:49 pm
IBM announced Blockchain Computer is ‘Smaller Than Grain Of Salt’ to track Objects
In annual 5 in 5 reports, IBM revealed what technological innovations could happen within the next five years, IBM Research Head Arvind Krishna gave the lead to a Blockchain implementation.
The declaration comes on the first day of the IBM Think 2018 conference in Las Vegas.
Arvind Krishna says:
“Within the next five years, cryptographic anchors — such as ink dots or tiny computers smaller than a grain of salt — will be embedded in everyday objects and devices.”
“They’ll be used in tandem with blockchain’s distributed ledger technology to ensure an object’s authenticity from its point of origin to when it reaches the hands of the customer.”
The report notes a further step in IBM’s now several-year journey into Blockchain experimentation.
Among the increasingly competitive market for supply chain security, IBM’s nanochip will have the same computing power as an equal, much larger one from the early 1990s.
Anyhow, this will allow it to perform data handling on the required scale, various sources report, including to “monitor, analyze, communicate, and even act on data.”
In January 2018, IBM and Maersk finally introduced the much-touted Blockchain supply chain operation, which had been in the pipeline for over a year.
At the same time, the organization announced it was funding in a dedicated fund for financing Blockchain startups.