Any company can use the services of an IBM blockchain foundation developer to build a diverse ecosystem for developing strategic partnerships and creating a competitive advantage.
An IBM blockchain foundation developer can address critical industry challenges by building new business networks and applications.
An IBM blockchain foundation developer can design, manage and support electronic blockchain networks with the required level of performance and security.
As a founder and premier member of Hyperledger, IBM is actively developing open-source standards and management models widely used by IBM blockchain development companies.
Tracking fresh seafood from the point of capture.
IBM Food Trust helps RawSeafoods boost trust at every stage of the supply chain by allowing the entire route of seafood shipped to supermarkets and restaurants to be tracked.
Increasing cryptocurrency security.
INBLOCK issues Hyperledger-based cryptocurrency Metacoin to make digital asset transactions even faster, more convenient and secure.
Using blockchain for better outcomes.
The IBM blockchain platform helps improve healthcare quality and profits by increasing data reliability and efficiency across the ecosystem.
Cutting-edge ideas in blockchain, AI and the Internet of Things (IoT).
GoldenStateFoods uses the inalterability property of blockchain to track goods throughout the supply chain and ensure high quality of food.
Blockchain is a distributed database for recording information about transactions of all kinds. The technology appeared about eight years ago as a way to implement and track cryptocurrency transactions in the Bitcoin system. It is characterized by transparency and high reliability, and therefore it is a convenient tool for controlling the exchange of various data in private networks of companies, whether it is a small business or a government institution.
Anything can be hacked if desired. But IBM claims to have done everything possible to ensure the highest level of security when working with the blockchain service. The databases created on its basis are isolated from the general Hyperledger cloud and placed in protective containers to prevent unauthorized access, while the hardware is programmed to stop operating automatically in case of hacking attempts.
One of the customers of the IBM blockchain service is SecureKeyTechnologies, a company that produces tools to provide authentication and digital identification on the Internet. It is currently testing its products over the IBM blockchain service in Canadian banks. This means that if everything goes as expected, soon we may have a system of simple and secure data exchange, allowing the consumers to fully control what personal information is used by the services they interact with.
While much of IBM’s work in the blockchain sector was focused on software development, the company has not neglected its extensive experience in hardware manufacturing. Using this experience, IBM also has been building blockchain-focused hardware.
In July 2018, IBM launched IBM Z, a blockchain-managed mainframe server. According to the company, it can handle more than 12 billion encrypted transactions in the cloud or in a database. This is an important step in the development of data encryption technology. The server can process data 18 times faster than the conventional platforms available now.
A year later, in its annual 5-5 report (five technologies that will help change our lives over the next five years), IBM stated that so-called cryptographic anchors will soon become common occurrence in everyday life. The company is developing these devices, which will serve several purposes and will be applied by IBM blockchain developers worldwide. The most powerful will be a microchip smaller than a grain of salt, which will be able to verify, collect, transfer and work with data.
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