IBM wants to help developers explore the use of blockchains in the enterprise. The company is making a number of announcements to help developers create and manage blockchain networks, as well as making about 44,000 lines of code available to the Linux Foundation’s open-source Hyperledger Project in order to enable developers to build secure distributed ledgers.
“In just a few short months, IBM’s vision for making blockchain a powerful new business solution across multiple industries is becoming a reality as our clients begin piloting innovative new code, services and z Systems optimized for distributed ledgers,” said Arvind Krishna, senior vice president of IBM Research. “These advancements are making it easier for developers to move from understanding the potential of blockchain, to actually using it to change their business processes in powerful new ways.”
(Related: IBM adds cognitive APIs to its Watson Internet of Things platform)
- New blockchain services on IBM Cloud are designed to help developers create and manage blockchain networks to power distributed ledger apps. With IBM’s new blockchain services, developers can access DevOps tools for creating, deploying, running and monitoring blockchain apps on IBM Cloud.
- Enabling Internet of Things data on blockchain by using IBM’s Watson IoT Platform. IBM plans to make it possible for RFID-based locations, barcode-scan events or device-ported data to be used with IBM’s blockchain.
- IBM Garages for blockchain app design and implementation in order to help accelerate the design and development of blockchain apps.
In addition, the company announced global partnerships with London Stock Exchange Group and Kouvola Innovation, a Finnish business development organization, to help put blockchain code to work.
“London Stock Exchange Group is directly engaged in the development of the open blockchain technologies with IBM, and we are excited to help enable the creation of solutions that will help manage risk and bring additional transparency to global financial markets,” said Moiz Kohari, executive vice president and group head of technology innovation for the London Stock Exchange Group. “We believe this technology has the potential to drive change across the industry but will need to be developed in partnership with customers and industry participants under an open-source approach.”