IBM Opens Blockchain Garage in New York City

IBM has announced the opening of a new office for blockchain coders in a trendy New York City neighborhood.

AccessTimeIconJun 28, 2016 at 1:00 p.m. UTC
Updated Sep 11, 2021 at 12:21 p.m. UTC

IBM has announced the opening of a new office for blockchain coders in a New York City neighborhood better known for its art galleries and boutique stores than for computer programmers.

Headquartered in the SoHo offices of Galvanize, the workspace is the latest of IBM’s Bluemix Garages, physical workshopping destinations that provide a venue for its technology consulting services.

The opening comes amid a broad push by the company to expand its expertise in the blockchain industry.

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.

Blockchains in the cloud

These Garages, and others located in San Francisco, London, Toronto and Nice, are also part of an industry-wide competition for cloud computing providers to capitalize on interest in blockchain.

For example, last month, Amazon Cloud Services announced that it would begin working to offer a blockchain experimentation environment for enterprises. Further, in March, Microsoft’s cloud computing service, added five blockchain startups to its blockchain-as-service platform.

According to IBM’s own numbers it is adding about 20,000 developers per week to its Bluemix cloud platform.

New York City image via Shutterstock


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
Nansen to Track Solana NFT Data Amid Boom in Minting, Trading Activity

The platform’s data comes from the ecosystem’s two most popular marketplaces, Magic Eden and OpenSea.

CoinDesk - Unknown
2
CoinDesk - Unknown
Facts or Feelings? Bitcoin Allocation Makes Sense Even in Nasty Bear Markets

If you run the numbers, bitcoin still belongs in a financial advisor’s investment toolbox.

CoinDesk - Unknown
3
CoinDesk - Unknown
How DAOs Open Doors for the Unbanked

It’s a new, borderless world. This article is part of "Future of Work Week."

CoinDesk - Unknown
4
CoinDesk - Unknown
Societe Generale Selects Swiss Crypto Custody Specialist Metaco For Security Token Push

Big banks and custodians have entered the “FOMO” stage when it comes to crypto, said Metaco CEO Adrien Treccani.

CoinDesk - Unknown