IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs.

IBM’s Asia Pacific head, Harriet Green, told Bloomberg that the new partnership will give Commonwealth citizens access to the “world’s greatest technologies” “across many, many government agencies.”

The new partnership will catapult Australia to “the top three of digital governments in the world,” she suggested.

https://cointelegraph.com/news/ibm-signs-740-million-deal-with-australian-gov-t-to-use-blockchain-for-data-security

IBM for its part has been steadily expanding its involvement in blockchain across diverse fields, with its Blockchain Platform successfully used just this week to power the first live operations in a major trading initiative involving twenty companies and five major banks.

IBM continues to spearhead the blockchain initiative. Will it's partnership with the Stellar blockchain revolutionize the way we transact money with real use cases?

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