Microsoft, IBM, and Other Blue Chips Are Investing Heavily in Blockchain Technologies – Here’s Why

Blue Chips

The massive response from Blue chips such as Microsoft and IBM to distributed ledgers has amassed substantial investments in blockchain technologies.

Microsoft Invests in Blockchain to Control Data more efficiently

Despite the polarized market opinions regarding the value of cryptocurrencies – Microsoft (NASDAQ: MSFT) recently announced that it had invested considerably in distributed ledger technologies with an aim to construct digital identities.

The idea was initially to help people all around the globe who don’t have any legal identity.

Microsoft along with other blue-chips including, Avanade and Accenture, are collaborating on a …

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