The stock of Salesforce.com, inc (NYSE:CRM) closed at $117.32 losing 0.45% in yesterday’s trading session. This cloud computing company is one of the 12 new members to the Blockchain Research Institute (BRI) and this came out clearly from the announcement that was made on Tuesday by the multi-million dollar global blockchain.
This institute has over the years showcased much devotion to the study of blockchain applications, strategies and obstacles .It has been moving a step further to cover the implementation as well and to this point in time it takes immense pride in the membership of large tech companies, government entities, global corporations and financial industry players.
The senior vice president of strategic planning at Salesforce, Peter Schwartz, while addressing a number of news reporters spoke in relation to the rest of the disruptive technologies. According to him, blockchain was a segment that required deep study from different perspectives and it goes without saying that it is the way to go for anyone that needs to understand its broader implications.
The rest of the new members include Sweetbridge, Shyft Network, Polymath, Decental, Aion and the Austrian banking group Raiffeisen Bank International.
Don Tapscott, who happens to be the institute co-founder and executive chairman, has moved ahead to say that the various companies were at different levels of their respective blockchain transformations.
He takes the stand that they need to do all they can to foster more innovation through striking partnerships. It will be about emerging with a network of builders in the blockchain space. It was way back in 2017 that BRI for the very first time announced that it would be collaborating with one of the India’s vibrant tech organizations, National Association of Software and Services Companies (NASSCOM), in the promotion of the digital economy.
Salesforce.com, inc, just as is the case with the rest of the progressive companies around the globe has been facing challenges. The ever shifting business dynamics have kept it on the edge always and an official working with it has outlined that they remain committed to doing all within their means to scale their business operations higher.