IBM and Stellar Are Launching Blockchain Banking Across Multiple Countries

The news also comes as an important validation of blockchain technology. In a breakthrough for payments technology, IBM and a network of banks have begun using digital currency and blockchain software to move money across borders throughout the South Pacific. The significance of the news, which IBM announced on Monday, is that merchants and consumers […] Read more »

Can Blockchain Prevent the Next Equifax? Not So Fast

Blockchain is a marvelous technology. It relies on sophisticated cryptography to create a tamper-proof ledger across multiple computers, eliminating fraud and mistakes. It’s no surprise, then, that pundits are popping up who say using blockchain can avert the next Equifax breach. Too bad it’s not that easy. While blockchain is poised to transform a lot […] Read more »

Blockchain Moving Beyond Bitcoin

Experts expect to see the shared database technology securely managing transactions in areas ranging from real estate to digital. InformationWeek: Cloud Related Posts:How IBM wants to bring blockchain from Bitcoin to your data centerJPMorgan reaches beyond its branches with new mobile account appIBM and Stellar Are Launching Blockchain Banking Across Multiple CountriesCan Blockchain Prevent the […] Read more »

Blockchain Barges into Insurance via IBM, AIG

IBM helps AIG create a cross-country, multi-party international risk policy tailored to use blockchain’s security and trust. InformationWeek: Cloud Related Posts:IBM and Stellar Are Launching Blockchain Banking Across Multiple CountriesCan Blockchain Prevent the Next Equifax? Not So FastReview: SaltStack shifts devops into high gearHow IBM wants to bring blockchain from Bitcoin to your data centerWind […] Read more »

How IBM wants to bring blockchain from Bitcoin to your data center

At its InterConnect conference in Las Vegas this week, IBM is announcing new features for its open source cloud-hosted blockchain service in an attempt to bring this distributed database technology from its initial use of powering Bitcoin to a broader market, including the financial services industry. Blockchain is a distributed database that maintains a continually […] Read more »

IBM’s IoT blockchain service gets ready to set sail

A massive DDOS attack and weaknesses in critical systems have put security concerns front and center in the internet of things. IBM thinks a technology best known from the world of bitcoin could lock down at least one use of IoT. The company is using blockchain technology to ensure that everything’s in order with IoT […] Read more »

Blockchain Builder Brings Protocol To CryptoCurrency Initiative

Chain, a San Francisco blockchain company, has joined the Initiative for CryptoCurrency & Contracts. With its membership, the firm brings a blockchain protocol to the party. InformationWeek: Cloud Related Posts:Tezos leaders to tout cryptocurrency project in Vegas as promoters fightIBM and Stellar Are Launching Blockchain Banking Across Multiple CountriesCan Blockchain Prevent the Next Equifax? Not […] Read more »

A blockchain ‘smart contract’ could cost investors millions

Investors in a “smart contract” built on the Ethereum blockchain platform may have lost cryptocurrency worth millions of dollars because they missed a loophole in the contract’s fine print. The contract was written in Ethereum’s Solidity programming language, and the fine print was the code that set out the rules for investing in, operating, and […] Read more »

IBM offers advice on how to secure blockchain in the cloud

Cloud providers hosting blockchain secure transactions technology should take additional steps to protect their records, IBM says. IBM’s new framework for securely operating blockchain networks, released Friday, recommends that network operators make it easy to audit their operating environments and use optimized accelerators for hashing — the generation of numbers from strings of text — and […] Read more »

Blockchain, its new rival, and their future in the enterprise

Bitcoin and other cryptocurrencies are already starting to shake up the financial services industry. They have also got entrepreneurs thinking about other applications for the blockchain technology that underlies them, including ones that address various processes inside non-financial companies such as contracts, audits and shipping. The digital signatures that certify each transaction and the distributed, write-only […] Read more »