Thread regarding IBM layoffs

IBM is using the blockchain to speed up and simplify cross-border payments

https://www.yahoo.com/finance/news/ibm-using-blockchain-speed-simplify-115208430.html

Saw this and glance through it First thing is IBM has to team up with a startup company So much for innovation

Some comments are true and funny

david

In other words, IBM wants to be the farmer's gateway to the payment system, blah blah blah

Joe

IBM? They're still in business? I thought they went the way of Zenith and Emerson!

bunnies_attack

All done in India. That's why it's cheaper.

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IBM hasn't innovated anything in decades, they are spinning off the only thing they used to do well which is hardware. They are too big and unwieldy to "switch" to a services company. IBM will be the bell labs/lucent of the future.

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