IBM has released a set of blockchain cloud services built to meet security and compliance standards for companies in regulated industries — particularly, financial services, health care and government.
The offering provides a protected, "tamper-proof" operating environment that allows production on trusted blockchain networks to be deployed in minutes and prevents information leaks through shared memory or hardware, the tech giant said Friday.
As part of the
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The latest blockchain technology initiative has IBM, Digital Asset Holdings, R3 and other tech companies working with banks, Swift, the London Stock Exchange and the Linux foundation to jointly create open-source software meant to be used to quickly bring new blockchain software to market.
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The success of a new blockchain-technology initiative will hinge on the ability of many influential players to work together: IBM, Digital Asset Holdings, R3, other tech companies, banks, Swift, the London Stock Exchange and the Linux Foundation.
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Innovate Finance, a U.K.-based fintech industry body, will open a blockchain technology research lab in partnership with the government and IBM co-cofounded Hartree Center, a high performance computing and data analytics research facility.
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"Clients tell us that one of the inhibitors of the adoption of blockchain is concerns about security," Jerry Cuomo, IBM's vice president of blockchain, said in a news release. "While there is a sense of urgency to pioneer blockchain for business, most organizations need help to define the ideal cloud environment that enables blockchain networks to run securely in the cloud."
The service will provide auditable log data to support forensics and compliance.
Separately, IBM has made its version of the Hyperledger blockchain code available to use on Docker, an open platform for developers to build, ship and run distributed applications. Users can expect dashboards, analytics, chat support and "exclusive network services" in future updates, it said. It also released its blockchain offerings in beta on Bluemix, a platform similar to Docker for developers interested in testing applications.
