IBM has announced that it has been selected to build a new IBM blockchain based international trading system for a series of banks. Banks include Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit.
IBM plans to build on its platform known as Hyperledger Fabric. Hyperledger Fabric is a business blockchain framework hosted on Hyperledger intended as a foundation for developing blockchain applications or solutions with a modular architecture.
Could this Blockchain establish IBM as a future provider for blockchain related financial services?
Sources of information: Hyperledger Fabric IBM,