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- Prevent anyone – even root users and administrators – from taking control of a system;
- Deny illicit attempts to change data or applications within the network; and
- Block unauthorized data access by ensuring encryption keys can never be misappropriated.
- Give financial institutions an ability to settle securities in minutes instead of days;
- Reduce manufacturer product recalls by sharing production logs with original equipment manufacturers (OEMs) and regulators; and
- Help businesses of all types more closely manage the flow of goods and related payments with greater speed and less risk.
Innovators within just about any industry can build, run and manage their own business blockchain network. And even if the organization isn’t quite ready to do the heavy lifting, it can consume a blockchain service from companies like IBM.
- Sawtooth – a modular platform for building, deploying, and running distributed ledgers that includes a consensus algorithm which targets large distributed validator populations with minimal resource consumption.
- Iroha – a business blockchain framework designed to be for incorporation into infrastructural projects that require distributed ledger technology.
- Fabric – a foundation for developing applications or solutions with a modular architecture that allows components, such as consensus and membership services, to be plug-and-play.
- Burrow – a permissionable smart contract machine that provides a modular blockchain client with a permissioned smart contract interpreter built in part to the specification of the Ethereum Virtual Machine (EVM).
This post was brought to you by IBM Global Technology Services. For more content like this, visit ITBizAdvisor.
( Thank you. If you enjoyed this article, get free updates by email or RSS – © Copyright Kevin L. Jackson 2017)
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