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.

Jun 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
The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

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
5 Key Takeaways From a16z's State of Crypto Report

The venture firm is extremely bullish on Web 3.

The venture firm is extremely bullish on Web 3.

CoinDesk - Unknown
2
CoinDesk - Unknown
Regulators Are Paying Attention to UST

The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.

The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.

CoinDesk - Unknown
3
CoinDesk - Unknown
San Francisco NFL Player Alex Barrett Taking His Salary in Bitcoin

The most valuable crypto stories for Thursday, May 20, 2022.

The most valuable crypto stories for Thursday, May 20, 2022.

CoinDesk - Unknown
4
CoinDesk - Unknown
Justin Sun Still Thinks Algorithmic Stablecoins Are a Good Idea

The crypto mogul also said LUNA and UST might make good "meme coins," he said on CoinDesk TV’s “First Mover.”

The crypto mogul also said LUNA and UST might make good "meme coins," he said on CoinDesk TV’s “First Mover.”

CoinDesk - Unknown