IBM Announces Security Focused Blockchain Framework
IBM's new blockchain technology framework and cloud services focus on the security aspects of blockchain deployment for regulated industries, addressing any concerns regarding its integrity. IBM recently announced its new blockchain framework and cloud supporting services. The tech pioneer has been making some really good progress in the blockchain technology segment in the recent days. These new products are developed with the data safety in mind – so that whoever is adopting the blockchain framework to develop and deploy their own blockchain network over IBM’s cloud services, could be....
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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....
Infosys has unveiled its EdgeVerve Blockchain Framework, designed to further the adoption of blockchain technology by the financial services sector. Would this translate into speedy deployment of blockchain technology? At the Infosys Confluence Global Client Summit in San Francisco on April 27, Infosys unveiled the EdgeVerve Blockchain Framework. The framework is designed to further the adoption of blockchain technology by the global financial services sector. The framework is a permissioned ledger which has been designed specifically for the banking sector. According to the Company,....
It has been said that if bitcoin had first focused on its underlying blockchain technology rather than its payments capabilities, it may have gained wider adoption sooner. 2015, it seems, has been the year to confirm that theory. State and federal regulators have spent most of 2015 focused on the risks attendant to the use of virtual currency. These include the lack of consumer protection and anti-money laundering (AML) risks; a continued struggle to define virtual currency (is it "currency", "money", "property", "security", "commodity"); and how to create a workable regulatory framework....
The Cayman Islands is building a regulatory framework for "virtual asset service providers" with some measures already enacted.
A new bitcoin-focused development framework for Mac and iOS developers has been announced. The framework, called BitcoinKit. Framework, is open source and provides an application programming interface (API) to developers. This will in turn speed up development time of bitcoin apps for Apple products. For those who have never written a computer program, a framework is essentially an extension to an established programming language. It does so by providing a library of functions that are not part of the original language, but perform regularly used tasks for a given type of end product. It....