IBM ANNOUNCES UPGRADES TO ITS MULTICLOUD BLOCKCHAIN

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IBM Announce Upgrades to Its Multi Cloud
Blockchain

• According to news reports on 18 June, IBM
  announced upgrades to Multicloud, its blockchain
  platform. The multicloud platform has now
  undergone a detailed upgrade where it allows
  clients to leverage to public clouds such as IBM
  Cloud, Azure, or AWS and company-hosted private
  clouds such as LinuxOne, Cisco, Microsoft,
  VMware, etc. This is the main upgrade over the
  previous version of multicloud, which was
  available only on IBMs cloud. The multicloud
  platform is made available via Kubernetes. It is
  a computer program which allows users to scale
  blockchain networks as per their need.

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• At the press conference, IBMs CTO, Jerry Cuomo,
  commented on the vision of the service mentioning
  that it is a fully-flexible blockchain platform,
  built around a well-managed open source
  distributed ledger technology, that can truly run
  in virtually any computing infrastructure.

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• IBM is a US-based IT Consulting, Computer, and
  Technology Corporation which is headquartered in
  New York. It is the worlds largest technology
  company and the second most valuable in terms of
  the global brand. IBM deals with the manufacture
  and sales of computer software and hardware. It
  operates in segments such as Global Business
  Services (GBS), cognitive solutions, services and
  cloud platforms, and systems and global
  financing. It competes with Cisco Systems, Oracle
  Corporation, Microsoft Corporation, Accenture,
  Dell Technologies, etc.

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• One of the main advantages of the new multicloud
  platform which IBM boasts about is the
  interoperability. As reported on the website, the
  new platform allows blockchain participants to
  provide governance across multiple cloud
  networks. This includes those with differing
  privacy environments also. The multicloud
  blockchain is a variation on Hyperledger Fabric,

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• the open source blockchain platform. It is almost
  the same, but the significant difference is the
  ease-of-access tools provided by IBM. These tools
  aid in streamlining the launching process of a
  permissioned network. It also helps assist tasks
  such as creating consensus mechanisms and
  assigning governance.

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• Cuomo further explained that Developers can now
  easily move from development to test to
  production from a single console. Included within
  the extension are code samples and tutorials,
  enabling any developer to become a blockchain
  developer easily. The IBM Blockchain Platform
  meets developers where they are, offering support
  for smart contracts to be written in JavaScript,
  Java, and Go languages.

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• As per recent reports, IBM partnered with Câmara
  Interbancária de Pagamentos, the Brazilian
  payments non-profit, for releasing a blockchain
  ID platform built on Hyperledger Fabric. This
  platform, named as Device ID, will play the
  role of an authenticator for mobile devices. It
  is aimed at preventing fraud and other criminal
  activities. The Brazilian Payment System and nine
  banks are all set to use the new blockchain
  verification platform.

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• The multicloud platform helps enterprises improve
  data center performance and availability.
  Multicloud strategies can become time-consuming,
  expensive, and difficult to manage environments
  due to scattered visibility, security, and
  workloads spread across multiple clusters and
  clouds. The IBM multicloud platform is an ideal
  choice for enterprises as it integrates all
  environments in a single view, thereby providing
  them optimal control over what they govern, see,
  and automate.

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