IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies

IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies

IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies The majority of global financial institutions surveyed believe that central banksshould develop central bank-issued digital currencies (CBDCs), according to a joint study by IBM Blockchain World Wire and the Official Monetary and Financial Institutions Forum (OMFIF) released Oct. 25. The study includes 21 central banks that participated in the OMFIF’s research…

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Major Agriculture Companies Partner to Use Blockchain in Grain Trading

Major Agriculture Companies Partner to Use Blockchain in Grain Trading The world’s four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence (AI) technologies, Reuters reports Thursday, Oct. 25. ABCD, composed of Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., and Louis Dreyfus Co., states that blockchain implementation could make…

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