Capital Goods Chain CNH works with IBM on Blockchain Enhancements

2018-7-27 21:02

One of the world’s largest capital goods companies has agreed to a multiyear deal with IBM to implement blockchain technology, a press release confirmed July 26.
While details of the implementation remain limited, CNH will leverage IBM Blockchain, a bespoke platform based on Hyperledger technology delivered through IBM Cloud, which has seen implementations across global industry this year.
“This agreement marks a shift in the business to extensive Cloud implementation that leverages upon IBM’s Cloud Private Platform, while continuing to operate with IBM’s data centers and CNH Industrial’s on-premises IT infrastructure,” the company added.
Supply chain enhancement is an area currently receiving particular attention from a range of players, blockchain reportedly having a key role to play in reducing costs and timings while enhancing security.
In January, IBM announced it would launch a dedicated blockchain-based supply chain company in conjunction with Danish logistics giant Maersk.

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