Blockchain in 3 minutes

Blockchain is a shared, immutable ledger for recording the history of transactions. It fosters a new generation of transactional applications that establish trust, accountability and transparency.

IBM Blockchain has joined The Hyperledger Project to evolve and improve upon earlier forms of blockchain. Instead of having a blockchain that is reliant on the exchange of cryptocurrencies with anonymous users on a public network (e.g. Bitcoin), a blockchain for business provides a permissioned network, with known identities, without the need for cryptocurrencies.

Applying blockchain across industries and professions

Blockchain shows great promise across a wide range of business applications

For example, financial institutions can settle securities in minutes instead of days. Manufacturers can reduce product recalls by sharing production logs with original equipment manufacturers (OEMs) and regulators. Businesses of all types can more closely manage the flow of goods and related payments with greater speed and less risk.

  • Finance
  • Banking
  • Healthcare
  • Government
  • Manufacturing
  • Insurance
  • Retail
  • Legal
  • Media and Entertainment
  • Supply Chain and Logistics
  • Finance and Accounting

Making blockchain
ready for business

Increase trust, accountability,
and transparency across your
business networks

Hyperledger Project

IBM Blockchain is powered by the Hyperledger Project

IBM is a premier member of the Linux Foundation's Hyperledger Project, a cross-industry collaborative effort to create a standard blockchain suitable for business. It is permissioned, open sourced, openly governed, and allows for regulatory transparency.

Over the past two decades, the Internet has revolutionized many aspects of business and society–making individuals and organizations more productive. Yet the basic mechanics of how people and organizations execute transactions with one another have not been updated for the 21st century. Blockchain could bring to those processes the openness and efficiency we have come to expect in the Internet Era.

— Arvind Krishna, Senior Vice President, IBM Research

The three C’s of IBM Blockchain

The three key pillars that make IBM’s approach to blockchain unique are:

Docker

Community

IBM has donated 44,000 lines of code and counting to the Hyperledger Project to help the advancement of distributed ledger technology, built on open source code from the ground up.

Cloud

Value-added services on IBM Bluemix cover critical business areas such as high-availability, compliance, security and performance.

Client

IBM Blockchain experts are available around the world to partner with clients, starting with a full-service workshop experience that leads to building, piloting and implementing blockchain solutions.

Next Steps

Contact an expert

Talk about the possibilities of what IBM Blockchain can do for your business.

Get started with development

Start an IBM Blockchain network and build applications that can take advantage of its capabilities.