IBM talks about its blockchain ventures here but what caught my eye was this statement:
Bitcoin, Ripple and Ethereum are “Iteration 1” of blockchain technology, the three time IBMer told his audience. Wolpert thinks blockchain technology will soon evolve to “Iteration 2.”
The problem with it?
“The Internet is constrained,” Wolpert said. “You have a fabric that allows for lots of competition on platforms and huge amounts of competition on solutions and applications on top of it, so we need to evolve the Internet to become economically aware, and that Internet isn’t going to be an application, it is going to be a fabric and then lots of applications on top of that.”
Pretty amused and excited about this because I recommended to one of the IBM team members that was working on a IoT PoC on the Ethereym blockchain 1-2 years ago to check out the SAFE project
I may be day dreaming now but who knows what their plans are, they seem to be pretty open to innovation