Which of these areas is IBM not investing in?a)Hosting and support wit...
IBM is not investing in Cryptocurrency development. Here are some details to explain this answer:
Investments by IBM
IBM is investing in various areas to provide value-added services to customers. Some of these investments are:
Hosting and Support: IBM is investing in hosting and support services to provide reliable and secure infrastructure to customers. It also provides value-added services such as monitoring, automation, and optimization to improve the performance of the infrastructure.
Business Blockchain: IBM is investing in developing blockchain technology for businesses. It provides tools and services to build, operate, and manage blockchain networks. IBM is also partnering with other companies to develop blockchain solutions for various industries.
Technology: IBM is investing in various technologies such as AI, cloud computing, and quantum computing. It provides tools and services to help customers adopt these technologies and improve their business outcomes.
Why IBM is not investing in Cryptocurrency?
While IBM is investing in blockchain technology, it is not investing in cryptocurrency development. The reasons for this are:
Regulatory Uncertainty: Cryptocurrencies are not regulated in most countries, and there is a lot of uncertainty around their legality and use. IBM is a company that operates in various countries and has to comply with local regulations. Therefore, it is not investing in cryptocurrency development.
Volatility: Cryptocurrencies are highly volatile, and their value can fluctuate rapidly. This makes them unsuitable for business transactions, which require a stable currency. IBM is focused on developing blockchain solutions for businesses that require stability and predictability.
Conclusion
In conclusion, IBM is not investing in cryptocurrency development due to regulatory uncertainty and volatility. Instead, it is investing in blockchain technology for businesses, hosting and support services, and various technologies to provide value-added services to customers.
Which of these areas is IBM not investing in?a)Hosting and support wit...
A cryptocurrency is a digital assets designed to work as a medium of exchange using cryptography to secure the transactions on a ledger that is typically publicly viewable. A community guarantees the authenticity of the transactions in addition to the creation of additional units of the currency