IBM To Launch Blockchain Computer To Track Devices And Objects

Blockchain Computer To Track Objects, Devices Would Soon Be Created By IBM

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  • Blockchain Computer to be launched soon by IBM.
  • This computer is smaller than grain of salt and can be used to track objects and devices.

IBM: This seems like the latest development in the blockchain technology – the technology that backs Bitcoin and allows the transmission of data on a decentralized platform – as International Business Machine (IBM) announced today, 19th March the creation of the world’s smallest computer based on the Blockchain technology – blockchain computer, which have the dimensions that is smaller than grain of salt, and would soon be “embedded into everyday devices”.

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In the summary of its annual 5 in 5 report, IBM detailed what technological innovations could take place within the next 5 years, Arvind Krishna, Head of IBM Research, gave the lead to a Blockchain implementation. The announcement of this innovation comes on the first day of the IBM Think 2018 conference in Las Vegas.

Arvind wrote:

“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 release marks an advance step into IBM’s now several-year journey into experimentation with Blockchain Technology. This Blockchain computer – IBM’s nanochip – will have the same computing power as an equivalent, much larger one from the early 1990s, which would be useful in an increasingly competitive market for supply chain security.

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This will however allow the computer to carry out data handling on the required scale, and various sources report, which include to “monitor, analyze, communicate, and even act on data.”

In Jan. 2018, IBM and Maersk finally introduced the much-hyped Blockchain supply chain operation, which had been in the pipeline for over a year. At the same time, IBM announced it was investing in a dedicated fund to finance Blockchain startups.

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