Menu
IBM beta-tests secure cloud blockchain service

IBM beta-tests secure cloud blockchain service

After letting developers experiment with its multitenant cloud blockchain service, IBM is targeting businesses that want to take things more seriously

IBM is cranking up the security on its cloud-based blockchain service.

On Thursday it began beta-testing a new high-security service plan for IBM Blockchain, with dedicated infrastructure for each customer.

Until now, it has offered only a starter cloud service for developers who wish to experiment with blockchain technology. That service runs in a multitenant cloud, with infrastructure shared among hundreds of blockchains.

The new service plan is still cloud-based, but "you get your own resources dedicated to you," said IBM Vice President for Blockchain Technologies Jerry Cuomo.

It's not the first time IBM has delivered cloud blockchain service to this security level, Cuomo said. Back in April, it offered to build it to order for clients in the financial or health industry.

Now, though, it's something customers can order up for themselves through the company's Bluemix platform-as-a-service portal. One customer that has already done just that is Everledger, which wants to replace paper certificates of authenticity and provenance for high-value goods with digital ones stored on a blockchain.

Everledger has its eye on the market for certifying diamonds, the most valuable of which have an identifying code laser-etched on them. It doesn't certify the diamonds itself, but offers an immutable ledger linking those identifying codes with the certificates and, in the case of a theft, the corresponding police report or insurance claim. The same tools could be used to track any item that carries a hard-to-change identifier.

For now Everledger is embedding details of diamond transactions to the public bitcoin blockchain, but that could change with access to a private blockchain like the one it is testing with IBM.

IBM's new secure blockchain service plan could be available commercially within two to three months, the typical duration for beta tests of services like this, Cuomo said. After that period, the company will introduce a monthly subscription fee for the service, he said, although he wouldn't name the price.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Blockchain

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments