Futurum Analyst in Residence Jared Klee analyzes the insolvency of HSBC, IBM, and SocGen backed blockchain consortium we.trade and digs into why the consortium failed, compares it to the success of competitor Marco Polo Network, and considers what the founding companies might take away from the insolvency to turn a failure into a success.
Google and Nokia Strike a Five-Year Cloud Deal
Google Cloud and Nokia strike a five-year cloud deal where Nokia plans to fully migrate its on-premise IT infrastructure to Google Cloud. This is a significant telecom win for Google and reaffirms the trend of the major cloud players’ focusing on industry verticals.