May 2, 2016 | Written by: Matthew Wilson
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Blockchain is all about encryption and secure transactions.
That is the message IBM is delivering with its new, cloud-based blockchain offerings aimed at bringing large enterprises onboard with the technology for digital, financial transactions using encrypted database architecture. The new offerings give organizations the opportunity to quickly deploy blockchain networks to be deployed in minutes on IBM Cloud and use Docker containers which feature dashboards, analytics and support.
“Yes, we recognize that it was made famous in Bitcoin, and that is a very particular type of use, but when we studied that and looked at blockchain’s design pattern, we decided that it works well in the context of cryptocurrency,” Jerry Cuomo, IBM Vice President of Blockchain told TechCrunch. “But if you are building a blockchain that deals with health records or shipping logistics, financial data, or any reference data about products, there are rules regulatory rules and security you have to address.”
For more information about these new IBM Blockchain offerings, check out the full TechCrunch article.