Chamber of Digital Commerce, the first Washington, DC-based trade association representing the blockchain and digital asset industry, has announced the addition of IBM to its Executive Committee membership.

IBM is spearheading blockchain revolution and has one of the most robust blockchain practices in the world. It launched the first highly secured blockchain services for financial services, government and healthcare; are an investor in blockchain startup, Digital Asset Holdings; and a member of the Linux Foundation’s Hyperledger Project.

"By joining the Chamber of Digital Commerce at the highest level as an Executive Committee member, IBM is demonstrating a strong commitment to supporting thoughtful education and engagement with policy stakeholders,” said Perianne Boring, Founder and President of the Chamber.

The Chamber aims to develop a pro-growth legal environment that fosters innovation, jobs and investment through education, advocacy, and working closely with policymakers, regulatory agencies and industry. Membership is open to all those committed to supporting and growing this thriving blockchain and digital asset community.  

“It is critical from a national competiveness point of view for US companies and government agencies to lead the world in understanding the potential of blockchain and putting it to use”, said Jerry Cuomo, Vice President, Blockchain Technologies, at IBM. “Blockchain will greatly benefit from government participation and we are pleased to join the Chamber of Digital Commerce to support engagement with the policy making community”.

The announcement follows the joining of The Depository Trust & Clearing Corporation (DTCC), the world’s leading post-trade market infrastructure for the global financial services industry, to the Chamber’s Executive Committee.