iBM launches blockchain starter plan for startups

|By:, SA News Editor

IBM (NYSE:IBM) launches a blockchain starter plan into beta that will allow startups to build blockchain products on the cheap.

Exact pricing won’t be available until the product goes public. 

IBM’s blockchain focus is on distributed ledger technology rather than cryptocurrencies. 

IBM’s blockchain is permissioned with access limited to trusted partners rather than a public blockchain. Current blockchain partners include food sellers and financial institutions.   

IBM shares are up 0.8% to $157.50.