vegassports-odds.com
vegassports-odds.com June 20, 2018


IBM launches blockchain as a service for the enterprise

20 March 2017, 08:29 | Melvin Schneider

Jerry Cuomo Twitter

Jerry Cuomo  Twitter

IBM Blockchain is a public cloud service that customers can use to build secure blockchain networks.

The central goal of the project is to make the process of consumer verification easier and more efficient, while enhanced privacy and security are also included in the developments.

Unveiled at the Interconnect conference, this commercial blockchain service is based on the open-source Hyperledger Fabric 1.0, built by The Linux Foundation. As a permissioned blockchain, the Hyperledger Fabric is an essential component in delivering services that comply with regulations where data protection and confidentiality matter, particularly for regulated industries. "IBM's blockchain services are built on IBM's High Security Business Network and designed for organizations that require blockchain networks that are trusted, open and ready for business". "This method is an entirely different approach to identity verification, and together with SecureKey, we have a head start on putting it on the blockchain", she says.

While blockchain technologies have a reputation for being secure, IBM noted the underlying infrastructure needs to be robust from cyber attacks coming from both outside and inside organisations.

No wiretap of Trump Tower, GOP intel committee says
The president does not have the unilateral authority to order a wiretap on suspected foreign spies operating inside the U.S. , experts say.

Sean Spicer Reportedly Apologizes to Britain For Talking Shit
But the White House assured the German chancellor in 2013 that Mr Obama knew nothing about it and that the monitoring had stopped. The House Intelligence Committee will hold a hearing on Monday on allegations of Russian meddling in the USA election.

Eric Trump announces wife Lara is pregnant with baby boy
She also noted that Eric will be a great dad, and he has seen the ever-popular children's movie, Frozen , many times. He's the cool uncle. "If we had projects in Russian Federation , you'd have our name on those projects".

The service will give business developers the ability to tap into the fabric that enables the creation of blockchain networks capable of handling more than 1,000 transactions per second within a secure ecosystem.

This development follows on from late a year ago when IBM unveiled a blockchain ecosystem "to help accelerate the creation of blockchain networks" on Hyperledger. "Among the many contributors to Hyperledger Fabric including SecureKey, IBM is a standout innovator that has proven that they can rapidly bring blockchain solutions to production".

Canada-based financial services companies such as the Bank of Montreal, Canadian Imperial Bank of Commerce, Desjardins, RBC, Scotiabank and TD joined the digital identity ecosystem in 2016 and collectively invested $27 million in SecureKey.

Further boosting blockchain security, Big Blue has also entered into a partnership with SecureKey Technologies to create a digital identity and attribute sharing network within IBM's blockchain service. According to IBM, several companies including Bank of Tokyo-Mitsubishi UFJ and Northern Trust (NTRS) are already running their blockchain applications on its cloud.



Other News

Trending Now

Blue Buffalo recalls Red Meat Dinner wet dog food
WellPet also recalled pet food product Friday due to potentially elevated levels of the beef thyroid hormone. The product recalled is the Blue Wilderness Rocky Mountain Recipe Red Meat Dinner Wet Food for Adult Dogs.

Trump to host Egypt's President Sisi in Washington in early April
The upcoming visit will be the first for Al-Sisi to the USA since he took office in 2014. Trump invited Sisi in January but the date of the visit had not been announced.

Despite nearly everything going wrong, Black Caps name unchanged squad
There are problems further up the order, with opening Tom Latham having failed to pass 10 in his last eight global innings. Yesterday was a bad day. "To lose within three days is unacceptable and the group is hurting and disappointed".

According to the Internet, Ed Sheeran has a twin
Well let's just say that Sheeran must be among the rare celebs who stay in news for dopplegangers. She stated that. "Everyone comments saying how she's a mini Ed, and I call her baby Sheeran".