IBMblr

Share post

Putting Twiga Foods on the Blockchain

Based in Nairobi, Kenya, Twiga Foods is a business-to-business logistics platform for food stalls and kiosks. Twiga helps farmers distribute bananas, tomatoes, onions, potatoes, and more to 2,600 kiosks across Kenya. But they realized that they could help farmers sell more produce if they gave them access to capital, credit and other financial services. Working together with IBM, Twiga Foods developed a machine learning-powered, blockchain-enabled finance lending platform that is designed to manage and track micro-loans to farmers and vendors in Africa to help stimulate the economy and benefit its users. During an eight-week pilot program, Twiga’s service conducted 220 micro-loans (the average size of each loan is about $30, or 3,020 KES), which helped increase order size by 30% and profits for each retailer, on average, by about 6%. IBM is excited to help promote social good and use technology to bring positive change to these regional markets.

Learn more about Twiga Foods and its blockchain-powered micro-loan service ->

6 years ago

88 notes
The Mainframe turns 50 Charles Branscomb, IBM 1401 program manager, on the computing innovation that helped send men to the moon and still processes nearly all the world's bank transactions: “ “We weren’t interested in building an accounting machine....
The Mainframe turns 50 Charles Branscomb, IBM 1401 program manager, on the computing innovation that helped send men to the moon and still processes nearly all the world's bank transactions: “ “We weren’t interested in building an accounting machine....
The Mainframe turns 50 Charles Branscomb, IBM 1401 program manager, on the computing innovation that helped send men to the moon and still processes nearly all the world's bank transactions: “ “We weren’t interested in building an accounting machine....
The Mainframe turns 50 Charles Branscomb, IBM 1401 program manager, on the computing innovation that helped send men to the moon and still processes nearly all the world's bank transactions: “ “We weren’t interested in building an accounting machine....
Share post

The Mainframe turns 50 

Charles Branscomb, IBM 1401 program manager, on the computing innovation that helped send men to the moon and still processes nearly all the world's bank transactions:

“We weren’t interested in building an accounting machine. We wanted to take people to a whole new world…We have an image here of a fairly simple control panel; they looked like a bunch of spaghetti, but this is how you controlled the machine in those days.”

More at mainframe50 on Tumblr

10 years ago

34 notes

Your curiosity knows no limits.

Unfortunately IBMblr isn’t as infinite.

We couldn’t find any stories to match your search.

Try another topic