IBM has unveiled an upgraded version of its enterprise Blockchain platform. In a press release on Tuesday, CTO Jerry Cuomo and IBM fellow described IBM’s vision for the service as a fully-flexible blockchain platform that’s built around a well-managed open source distributed ledger technology which can operate in virtually any computing infrastructure.
The IBM platform allows its users to deploy clouds such as IBM cloud, Azure and AWS or on company-hosted private clouds like LinuxOne. IBM Blockchain Platform also supports app management and deployment platform Kubernetes.
According to Cuomo, the multi-cloud and hybrid approach will enable all Blockchain network to work effectively across multiple environments.
According to the press release, the revamped IBM Blockchain platform has new, improved capabilities enabling firms to manage the entire lifecycle of a Blockchain network.
For instance, Cuomo cites that the new IBM Blockchain platform Extension for Visual Studio (VS) code is designed to simplify the complexities of building with blockchain, enabling users to integrate their network management functions and smart contract development.
The IBM Blockchain platform has also included the ability of the project to deploy blockchain components if they are needed and if all are manageable in a particular place. The users also have full control of the ledger, smart contracts, and identities.
The IBM Blockchain platform also offers a new pricing model feature that allows users to start small by paying for the services they use and to increase payments as they scale.
Do you think IBM’s upgraded version of enterprise Blockchain platform will be effective?
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