Travelport, IBM Collaborate on Blockchain for Hotel Commissions
Blockchain will reduce the amount of discrepancies in booking data caused by hotel no-shows, overstays, and room modifications.
IBM is implementing the Hyperledger Fabric 2.0 base layer to support smart contract governance on its blockchain platform.
State Street Bank has cut over 100 blockchain developer jobs as part of a pivot from transforming its plumbing with DLT to supporting digital assets.
IBM has become a shareholder in we.trade, the blockchain-based trade-finance platform jointly owned by 12 European banks.
Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.
A new software based on the Hyperledger Fabric blockchain was launched for commodities trading for the gas industry.