Stephen E. Arnold: IBM Blockchain Banking – Amazon Too But Better?

IBM Embraces Blockchain for Banking: Is Amazon in the Game Too? IBM recently announced the creation of LedgerConnect, a Blockchain powered banking service. This is an interesting move for a company that previously seemed to waver on whether it wanted to associate with this technology most famous for its links to cryptocurrency. However, the pairing …

Stephen E. Arnold: IBM Enables the Next Wave of US Job Layoffs is in Banking and Information Technology

Bank Exports IT to India Despite falling out of interest with the mainstream media, jobs are still being outsourced to Asia.  Citizens Bank is having their current IT employees train their replacements in a “knowledge transfer” and they will be terminated come December.  . . .  Citizens Bank signed a five-year services contract with IBM for …