Last updated: January 30, 2017
1 minutes read
Previously, IBM was making all the running on blockchain, and it was primarily finance companies as potential customers
Several companies have set up a consortium to work on how blockchain can be used to secure and improve Internet of Things applications, as sectors beyond finance seek to benefit from bitcoin's underlying technology.
The group, which includes Cisco, Bosch, BNY Mellon, Foxconn and Gemalto will collaborate to develop a shared blockchain IoT protocol.