Achain

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IBM Blockchain

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Achain

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IBM Blockchain

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What problem does this service solve?

Hewlett Packard's Mission Critical DLT enables customers to run distributed ledger with other enterprise platforms.BaaS platform aimed at making it easier to create DApps on customized blockchains that can be forked from Achain's main architecture.The IBM Blockchain Platform is designed to assist developers in creating and operating an application with a blockchain network.

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Company Description

Hewlett Packard's blockchain as a service platform, called Mission Critical Distributed Ledger Technology (DLT), allows its customers to run distributed ledger processes on an enterprise platform. HP developed this solution in conjunction with R3, and is now offering it as a BaaS option to their enterprise customers.

Achain is creating a Blockchain-As-A-Service platform for DApp development. It is designed to make it easier for companies to create smart contract powered DApps. Achain has a delegated Proof-of-Stake (dPoS) consensus mechanism and is powered by the ACT coin. One of Achain's main advantages is that is easy to fork. Users can create an independent chain that can be customized. These independent chains can communicate with the main Achain platform with a value exchange protocol that connects them.

IBM's Blockchain Platform is the company's BaaS solution that it delivers through the IBM Cloud. It simplifies the process of deploying a blockchain-enabled application. IBM's platform has a number of unique features. These include, a pluggable architecture that allows developers to use software modules and a new consensus algorithm, that IBM developed, and is tailored to specific use cases. It also enables cryptographic identity management and smart contracts that can be written in popular programming languages, such as Java, and then executed in containers.
IBM is also involved with the Linux Foundation’s open-source Hyperledger Project, which was created to help developers easily build secure distributed ledgers that can be used to exchange almost anything of value.

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