IBM launches highly secure blockchain service on cloud platform

Rage Comment : IBM has launched a highly secure blockchain service on its cloud platform to prevent tampering, which may reduce people's concerns about the security of blockchain applications. Blockchain is an innovative technology, and developers should pay attention to its safe operation while meeting business requirements. Hackers are everywhere, and security systems are becoming more and more the focus of people's attention.

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IBM launches highly secure blockchain service on cloud platform

People have always envisioned bundling blockchain services onto cloud processing platforms, but security concerns often hold them back.

IBM has done it. They launched blockchain services on their cloud platform while complying with the latest security standards.

Blockchain in the cloud

On April 29, IBM announced the release of a new blockchain cybersecurity operating framework on its cloud platform, aimed at responding to existing regulatory and security requirements.

IBM mobilized a professional team including security analysts, cryptographers, hardware experts, etc. to create the framework in order to prevent tampering.

Jerry Cuomo

Jerry Cuomo, Vice President of IBM Blockchain, said:

“Customers tell us that security is the main barrier to blockchain adoption. While it is important to use blockchain to grow your business, most organizations want to see blockchain networks in the cloud run securely.”

Complies with the latest safety standards

The blockchain cloud service launched by IBM meets the latest security standards including the Federal Information Processing Standard (FIPS 140-2) and the Evaluation Assurance Level (EAL).

This also meets the requirements of customers in the fields of financial services, government, healthcare, etc., enabling them to use cloud platforms to experience blockchain services.

Hackers are always looking to break into the security systems of financial services companies to steal money, but recently their ransomware targets are hospitals.

Eiji Ueki

Eiji Ueki, Executive Vice President of NTT DATA Corporation, explained:

"Blockchain is an innovative technology with great potential. However, there are still many problems that need to be solved for enterprise systems. The launch of this service by IBM is intended to directly address these problems. We believe this will greatly promote the development of blockchain technology."

Hyperledger Project

IBM has been at the forefront of the Linux Hyperledger project, which will also drive future blockchain applications.

IBM has released signed and certified distribution code for submission to the Hyperledger project.

Therefore, its cloud platform not only does not restrict companies from adopting these secure blockchain applications, but also ensures that they can run flexibly on the platform.

The advantages of open source code not only benefit companies, but also bring many benefits to the development of the entire community.