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#IBM s #Security Focused #Blockchain Framework

IBM Launches Highly Secure Blockchain Service on Cloud

The idea of combining #blockchain services and a #cloudoperatingenvironment has always been desired, but was held back due to #security concerns in the past.

By launching #blockchainservices that meet the latest security standards on the cloud, IBM has just mitigated those concerns.....

.....IBM is working on building solutions that can overcome the possibility of these single point failures from happening. These new developments made by the company is very relevant at this time when the banking and financial service providers are looking to implement blockchain #technology into their operations.....


The high #securityandcompliance standards provided by #IBM has already gained customers like BNY Mellon, which is piloting the services offered by IBM Garage for its blockchain implementations.

“Clients tell us that one of the inhibitors of the adoption of blockchain is the concern about security. While there is a sense of urgency to pioneer blockchain for business, most organizations need help to define the ideal cloud environment that enables blockchain networks to run securely in the cloud”
-says Jerry Cuomo, the vice president of Blockchain, IBM.

Read Article@cointelegraph>>



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