IBM has longed focused on blockchain technology as a distributed transaction ledger of the future.
The company continues to expand partnerships and develop a robust platform for enterprise customers.
The tech giant is favorably valued for multiple expansion if blockchain becomes the hot technology of 2018.
With all of the hype over cryptocurrencies and blockchain in the last month, International Business Machines (IBM) could make the name change to International Blockchain Machines and see a significant pop in the stock. Such a name change wouldn't be absolutely misplaced either unlike some of the small caps such as Riot Blockchain (RIOT) that recently made such moves and saw substantial stock gains in a matter of days, if not hours.