IBM Launches Highly Secure Blockchain Service on Cloud
The idea of combining blockchain services and a cloud operating environment has always been desired, but was held back due to security concerns in the past. By launching blockchain services that meet the latest security standards on the cloud, IBM has just mitigated those concerns. On April 29, IBM announced that it had launched a new framework for securely operating blockchain networks on the IBM cloud, that are designed to meet existing regulatory and security requirements. IBM has utilized the services of its expert teams of security analysts, cryptographers and hardware specialists to....
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IBM has introduced a cloud-based blockchain service for business-to-business networks that allows companies to test performance, interoperability and privacy of blockchain ecosystems. The company noted in a press release that the service is suited to organizations in regulated industries. IBM’s blockchain cloud is supported by IBM LinuxOne, which IBM considers the industry’s most secure Linux-only server. LinuxONE addresses the security requirements of the healthcare, government and financial sectors. Cloud Gives Secure Access. IBM’s cloud services are designed to run blockchain in a....
IBM has announced a cloud service for organizations requiring a secure environment for blockchain networks. According to the company, the service, which allows clients to test and run blockchain projects that handle private data securely, is ideal for organizations in regulated industries that need strong compliance measures. “Blockchain will change the way we transfer high value goods, digital assets and financial instruments,” said Donna Dillenberger, IBM Fellow for Enterprise Solutions. “To accelerate blockchain adoption, clients must trust the infrastructure and the system that....
IBM today unveiled a new service designed to help businesses test and run blockchain projects meant to handle private or sensitive data. Dubbed the IBM 'secure blockchain cloud environment', the service is actually an integration of IBM’s existing blockchain cloud offering and IBM LinuxONE, a Linux server designed to protect against 'back doors' the company argues could occur in other cloud-based blockchain networks. Overall, the company positioned the offering as one that seeks to improve the security of private, enterprise blockchain projects running in cloud environments by securing....
The U.K. government has awarded the first G-Cloud blockchain platform-as-a-service (PaaS) agreement to Credits for the supply of secure Blockchain-as-a-Service (BaaS) to its public sector. The Crown Commercial Service (CCS) made the award for U.K. public sector organizations. It will enable central and local government and the devolved administrations, health, education, and emergency services, to use Credits’ PaaS. The platform will supply them with distributed ledger technology (DLT) software and cloud-based services. Secure and scalable blockchains power enterprise and public sector....
Recently Bitcoin Magazine reported that Microsoft has partnered with Consensys, a blockchain startup focused on Ethereum technology. Through the partnership, customers of Azure, Microsoft's cloud-based enterprise computing service, will be able to easily build cloud-based blockchain applications, from securities trading to cross-border payments to corporate accounting, and offer them to their own customers. As anticipated, more details of the partnership and Microsoft's plans for cloud-based blockchain services were unveiled at Ethereum's Developer Conference, DEVCON on November 10 in....