15 Mar '17, 1pm

Singapore fintech startup leverages IBM Blockchain and Bluemix technologies to help SMEs raise their productivity…

SINGAPORE - 15 Mar 2017: IBM (NYSE: IBM ) today announced Singapore fintech start-up, INVICTUS, is collaborating with them to leverage IBM Cloud and Blockchain technologies for their Order, Logistic & Payment (OLP) platform. The platform aims to help businesses reduce wastage, redundancy and cash-flow issues in their transaction processes by disrupting the supply chain management cycle with blockchain smart contract technology. As part of this collaboration, INVICTUS is also working with the IBM Bluemix Garage in Singapore to design a distributed ledger platform prototype on the Hyperledger Fabric, aimed at managing transactions between small and medium enterprises, suppliers, banks and other liquidity providers. As a founding member of the Linux Foundation’s open-source Hyperledger Project, IBM is helping to build the foundation for business-ready blockchain architecture ...

Full article: http://www-03.ibm.com/press/us/en/pressrelease/51830.wss

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