IBM opens blockchain garage in New York

IBM opens blockchain garage in New York

Continuing with the latest trend of enterprises focused on capitalizing the massive interest in blockchain, IBM recently opened a tech garage in Soho New York dedicated to the development of blockchain tech. Cloud providers – Amazon, Microsoft and now IBM are deploying blockchain environments for both developers and SMEs. This is great news for the expansion of blockchain and making it “mainstream”, but is this more beneficial for the large enterprises or for the developers themselves?

Earlier this month, IBM announced the massive Watson Centre at Marina Boy in Singapore. Designed to house 5,000 computer scientists in the Asian-Pacific region, the location also included a new IBM Garage. Then, just last week IBM announced that Mizuho Financial had successfully tested a digital currency-based blockchain settlement system created at the newly opened IBM Garage in Tokyo.

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