IBM to launch one of the largest blockchain implementations – IBM will try to free up some of the $100 million in capital tied up at any given time in transaction disputes in the IBM Global Financing unit.
The business unit deals with 4,000 suppliers, financing customers and partners who conduct about 3 million transactions per year, worth $44 billion. About 25,000 disputes arise annually over issues such as the wrong number of computer parts in an order or deliveries that go awry, writes WSJ.