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IBM Stock Down, Unveiling ‘Blockchain’ Platform

NEW YORK (TheStreet) -- Shares of IBM (IBM) are down 0.26% to $159.87 this afternoon despite launching a new platform for companies to test record-keeping "blockchain" technology in their supply chains, the Wall Street Journal reports.

Blockchain is a crypted data structure that allows users to create and share a digital ledger of transactions safely.

IBM's new service is aimed at customers tracking high-value items, allowing them to test blockchains in a secure cloud using its LinuxOne operating system.

Blockchain technology is currently used in the financial...


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