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IBM is approaching the crypto custody space

Z-ARCHIVE-Cryptocurrency Patent Forecast®

March 12, 2019

Shuttle Holdings, an investment firm in New York, will launch the beta version of a custody solution for digital assets built on IBM’s private cloud and encryption technologies. The companies won't be storing cryptocurrencies and tokens themselves, but offering tools for others to do so. This news, along with IBM's recent partnership with Stellar and IBM's involvement with Hyperledger Fabric, gives insight into the company's future plans for utilizing blockchain technology.


Relevant Patent Documents

Patent US10230756  

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Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.

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Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.



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