IBM Blockchain Platform Aims for Immutable Accuracy

Earlier this week IBM announced a major blockchain collaboration among group of leading companies across the global food supply chain. The goal is to reduce the number of people falling ill or even dying from eating contaminated food. IBM’s solution is its blockchain platform, which it believes is ideally suited to help address these challenges because it establishes a trusted environment that tracks all transactions, an accurate, consistent, immutable version.

Blockchain can improve food traceability

The food segment is just one of many industries IBM will target for its blockchain platform. It describes the platform as ideally suited to help address varied industry challenges because it establishes a trusted environment for all transactions. IBM claims it as the only fully integrated enterprise-ready blockchain platform designed to accelerate the development, governance and operation of a multi-institution business network. Rival vendors, like Accenture, may disagree.  In the case of the global food supply chain, all participants -growers, suppliers, processors, distributors, retailers, regulators and consumers – can gain permissioned access to known and trusted information regarding the origin and state of food. In December 2016 DancingDinosaur reported on IBM and Walmart using blockchain for food safety.

IBM’s blockchain platform is built around Hyperledger Composer, integrated with popular development environments using open developer tools, and accepted business terms to generate blockchain code and smart contracts. It also includes sample industry use cases.  Using IBM’s platform, developers can create standard business language in JavaScript and the APIs help keep development work at the business level, rather than being highly technical. This makes it possible for most any programmer to be a blockchain developer. Additionally, a variety of IBM Developer Journeys for blockchain are available featuring free open source code, documentation, APIs, architecture diagrams, and one-click deployment Git repositories to fast-track building, according to IBM.

For governance and operation it also provides activation tools for new networks, members, smart contracts and transaction channels. It also includes multi-party workflow tool with member activities panel, integrated notifications, and secure signature collection for policy voting. In addition, a new class of democratic governance tools designed to help improve productivity across the organizations uses a voting process that collects signatures from members to govern member invitation distribution of smart contracts and the creation of transactions channels. By enabling the quick onboarding of participants, assigning roles, and managing access, organizations can begin transacting via the blockchain fast.

In operating the network IBM blockchain platform provides always-on, high availability with seamless software and blockchain network updates, a hardened security stack with no privileged access, which blocks malware, and built-in blockchain monitoring for full network visibility. Woven throughout the platform is the Hyperledger Fabric. It also provides the highest-level, commercially available tamper resistant FIPS140-2 level 4 protection for encryption keys.

Along with its blockchain platform, IBM is advancing other blockchain supply chain initiatives by using the platform for an automated billing and invoicing system. Initial work to use blockchain for invoicing also is underway starting with Lenovo. This will provide an audit-ready solution with full traceability of billing and operational data, and help speed on-boarding time for new vendors and new contract requirements, according to IBM.

The platform leverages IBM’s work for more than 400 organizations. It includes insights gained as IBM has built blockchain networks across industries ranging from financial services, supply chain and logistics, retail, government, and healthcare.

Extensively tested and piloted, the IBM’s new blockchain platform addresses a wide range of enterprise pain points, including both business and technical requirements around security, performance, collaboration and privacy. It includes innovation developed through open source collaboration in the Hyperledger community, including the newest Hyperledger Fabric v1.0 framework and Hyperledger Composer blockchain tool, both hosted by the Linux Foundation.

DancingDinosaur has previously noted that the z appears ideal for blockchain. DancingDinosaur based this on the z13’s scalability, security, and performance. The new z14, with its automated, pervasive encryption may be even better.  The Hyperledger Composer capabilities along with the sample use cases promise an easy, simple way to try blockchain among some suppliers and partners.

DancingDinosaur is Alan Radding, a veteran information technology analyst, writer, and ghost-writer. Please follow DancingDinosaur on Twitter, @mainframeblog. See more of his IT writing at technologywriter.com and here.

 

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