Shutterstock
Main page News, Fintech, Tech, Blockchain, IBM

American multinational tech giant IBM has announced on Thursday it appointed Arvind Krishna as Chief Executive Officer.

Krishna will replace Ginni Rometty who became IBM CEO back in 2012, an official press release states.

Currently, Krishna is IBM Senior Vice President for Cloud and Cognitive Software.

Biggest Port in Oman Joins IBM's Blockchain Platform

Rometty says Krishna is a brilliant technologist who has played a significant role in developing key technologies for IBM such as AI, cloud, quantum computing and blockchain.

"Arvind is the right CEO for the next era at IBM," Rometty added.

Krishna is, indeed, a big supporter of the distributed ledger technology. In 2017, he drew a parallel between blockchain and the Internet, by saying that blockchain can do for the world of transactions "what the Internet did for information."

Later in 2018, Krishna facilitated collaboration between IBM and Columbia University by creating the Columbia-IBM Center for Blockchain and Data Transparency.

Last year IBM carried out a study according to which the first central bank digital currency (CBDC) will be issued within the next 5 years.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.