IBM announced Friday it is launching its own framework for running blockchain networks along with new services on the IBM Cloud designed to meet security and regulatory compliance.
Blockchain, best known as the technology behind bitcoin, is a distributed, encrypted database architecture that is considered immune from tampering. In a nutshell, a blockchain logs all transactions on a bitcoin network and stores them in blocks that update a balance and data such as payments, confirmations and orders.
IBM first got behind the technology two months ago when it announced plans to make blockchain work as an enterprise ledger, essentially creating blockchain-as-a-service.
Today, IBM is doubling down on the technology even more. The IT giant says it has worked with teams of security experts, cryptographers, hardware experts and researchers to create new cloud services for blockchain networks that support the government, financial and healthcare sectors.
IBM says the cloud services come with the highest Federal Information Processing Standards (FIPS 140-2) and Evaluation Assurance Levels (EAL) in the industry.
Read More:IBM launches blockchain cloud services for government, healthcare sectors | ZDNet
Blockchain, best known as the technology behind bitcoin, is a distributed, encrypted database architecture that is considered immune from tampering. In a nutshell, a blockchain logs all transactions on a bitcoin network and stores them in blocks that update a balance and data such as payments, confirmations and orders.
IBM first got behind the technology two months ago when it announced plans to make blockchain work as an enterprise ledger, essentially creating blockchain-as-a-service.
Today, IBM is doubling down on the technology even more. The IT giant says it has worked with teams of security experts, cryptographers, hardware experts and researchers to create new cloud services for blockchain networks that support the government, financial and healthcare sectors.
IBM says the cloud services come with the highest Federal Information Processing Standards (FIPS 140-2) and Evaluation Assurance Levels (EAL) in the industry.
Read More:IBM launches blockchain cloud services for government, healthcare sectors | ZDNet
