IBM Secures $1 Billion Australian Dollar Blockchain Deal
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IBM Secures $1 Billion Australian Dollar Blockchain Deal

THELOGICALINDIAN - The Australian government has called IBM as its axial technology accomplice for the abutting bristles years in a accord account 740 actor dollars The acceding will awning technology casework provided to government departments including casework which will use IBMs automation and blockchain technologies

IBM will accommodate casework to federal government departments including aegis and home affairs, as able-bodied as actualize platforms to assure citizens’ data. The Australian government estimates the affiliation will accommodate about $100 actor AUD account of accumulation to its citizens.

Harriet Green, IBM’s Asia Pacific Head, told Bloomberg the “youth of the technology,” alongside the application of Australians, would be the hallmarks of the new partnership.

IBM Partners With Shipping Giant Maersk To Launch Blockchain Solution For Global Logistics

The new acceding is cogent for IBM afterwards the century-old U.S bunch was criticized over the bootless accouterment of an Australian civic demography in 2016. Within account of its launch, the digitized analysis — which was compulsatory for Australians — was hit with four above Distributed Denial of Service (DDoS) attacks. The consistent 40-hour abeyance led to IBM acknowledgment Australia to the tune of $30 actor dollars AUD.

Some experts accept criticized the new acceding afterwards the demography activity failure, including advice and communications adviser Dr Wissam Raffoul, who told the Australian Financial Review:

There is additionally a affair that such a above acceding with IBM locks out competitors — risking addition in the sector.

IBM’s New ‘World’s Smallest Computer’ is Built for Blockchain

IBM’s blockchain technology is, however, assuming well.

Deutsche Bank and HSBC trialed acknowledged blockchain-based affairs application IBM powered we.trade beforehand this week. The tests were the better yet for the we.trade platform, which is currently partnered with 11 European countries.

The technology company’s blockchain ability isn’t accountable to government and banking services, however. During the Think 2018 Conference in March, IBM appear the “world’s aboriginal computer” purpose-built for blockchain technology. The tiny accessory is advised for cyberbanking tagging, with ample use case applications including tracking in aircraft and logistics.

Is Australia appropriate to accomplish to such a ample deal? Should accomplished adventures be abandoned based on IBM’s accepted blockchain successes? Let us apperceive in the comments below! 

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