IBM Blockchain

by IBM

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IBM Blockchain

by IBM

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What problem does this service solve?

Microsoft's BaaS solution provides customers with a set of templates that easily be configured and will deploy a variety of blockchain structures.Hewlett Packard's Mission Critical DLT enables customers to run distributed ledger with other enterprise platforms.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

Microsoft Blockchain on Azure allows companies to deploy distributed ledger applications with minimal blockchain knowledge. Microsoft is the biggest software company in the world, and its BaaS solution has a number of advantages. Clients are able to quickly create a fully configured blockchain network, allowing them to on focus on building their applications. Customers are charged for the storage, networking, and computing resources that they consume.

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.

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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