IBM Unveils New Cloud Blockchain Service
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....
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Addressing these security needs is done through a variety of means, as they aim to offer the blockchain to government, healthcare, and financial players over the coming months and years. IBM is venturing into the world of blockchain and distributed ledgers, as they target Government, financial services, and healthcare through IBM Cloud. A significant vote of confidence for blockchain technology in general and another exciting development to see where this industry will head in the next few years. There is no denying blockchain technology is a booming market right now, as players from all....
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....
Ethereum’s position as the default smart-contract settlement layer for tokenized finance is facing a new test after Google Cloud revealed plans for a Layer-1 network—Google Cloud Universal Ledger (GCUL)—explicitly aimed at financial institutions and programmable with Python. Google Cloud Enters The Arena In a LinkedIn post, Rich Widmann, Google Cloud’s global head of Web3 strategy, […]
Alibaba Financial announced a possibility to use Blockchain in its new cloud service platform. This was mentioned at the Yunqi Assembly Shanghai summit in Beijing on January 20, 2016. Moreover, in a review of the year 2015, Ali Financial cloud, a service of Alibaba Group, describes the possible benefits of using the Blockchain. It states that they “are actively exploring the profound impact of [Blockchain] technology in the financial sector.” During the conference, Alibaba also released a whole chain of products for data collection, processing, analysis, etc, including Ali cloud platform.....
Major cloud service providers are showing increased interest in joining blockchain networks. Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers are showing increased interest. For example, Google Cloud recently became a network block producer by joining the EOS blockchain community. Block producers on EOS are elected by token holders to add....