• support@holytransaction.com

Category Archive: ibm

Who are the new Hyperledger Blockchain Project members?

hyperledger_blockchain_project_members
Tech giant Samsung is among the new Hyperledger Blockchain Project members announced today.

Hyperledger Blockchain members

Together with Samsung there are 16 other new companies joining the project, including Cloud Security Alliance, Energy Blockchain Laboratory, Global Peersafe Technology Corp., Inuit Foundation – University of Rome “Tor Vergata,” Intuit, Investrata Foundation for Social Entrepreneurship, iRootech Technology, MIRACL UK Limited, Netki, Nxt Foundation, Orange Magic Cube, Sany, Tai Cloud Corp., Union Mobile Pay E-Commerce, Wutongtree and Yunphant Blockchain.

Hyperledger Blockchain Project’s Goal

Hypederleger is a collaborative effort started by the Linux Foundation to study the blockchain aiming at supporting worldwide business transactions to improve many aspects of their performance and reliability.
Since its beginning back in early 2016, Hyperledger started accepting proposals for codebases. 
One of the first was called “Fabric”, a codebase that united works by Digital Asset Holdings, Blockstream and IBM
To date, almost 100 organizations joined the Hyperledger Blockchain Project members; and more companies will be added by the end of 2016.
Hyperledger executive director, Brian Behlendorf, commented:
“There’s been a tremendous response to our vision for creating an open community for blockchain technology and we’re proud to be celebrating this member milestone. At a growth rate of nearly two new members joining per week, I look forward to working with this growing community to further our open blockchain development efforts”. 
Earlier this month, Airbus joined the project too, together with Hitachi, Microsoft, Red Hat, and more.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Airbus joined Hyperledger Blockchain Project

airbus_joined_hyperledger
French airplane firm Airbus joined Hyperledger Blockchain Project, or the Linux Foundation program related to the distributed ledger.

Airbus joined Hyperledger Blockchain Project

Last year Airbus sold more than 1,000 aircraft and now the company is joining the same blockchain project that also sees the participation of firms such as IBM, Red Hat, Intel and JPMorgan. 
Hyperledger director Brian Behlendorf explained to Coindesk how the Airbus partnership shows that the distributed ledger technology has lots of applications beyond fintech:
“A key factor to the project’s success will be member expertise and guidance, and as such, I look forward to collaborating with the bright team at Airbus to drive this technology forward.”

Blockchain beyond finance

This announcement reflects how the airline industry is increasing its own interest in the blockchain technology. 
Previously in May, in fact, the blockchain startup called ShoCard started a partnership with the airline firm SITA with the goal of developing new applications for identity management.
This is not the first time a company wants to use the Blockchain for identity-related issues. 
A few months ago, in fact, we spoke about the Microsoft’s project that aims at using the distributed ledger to solve problems related to identity in the digital world. 

The Hyperledger Blockchain Project

Launched in the beginning of 2016, the Hyperledger Project has more than 80 members among its partners and it is managed by the Linux Foundation.

Open your Bitcoin Wallet

Open your wallet on HolyTransaction and find out more on our service where you can store several different cryptocurrencies including Bitcoin, Ethereum, Dogecoin Peercoin, etc… 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

IBM announces its new cloud Blockchain Security Service

cloud_blockchain_security_service
Today (July 15, 2016) IBM announces its new cloud Blockchain Security Service that aims at helping businesses test and run blockchain projects for private applications. 
Defined as the “IBM secure blockchain cloud environment”, this project is a new integration of the IBM’s existing blockchain cloud service. 
However, the company goal is to increase the security of private blockchain services running in the cloud. 
Donna Dillenberger recently commented how the cloud environment – thanks to the IBM LinuxOne server – could protect valuable data on a private blockchain.
She explained to Coindesk:
“The cloud is made up of a special hardware that protects the blockchain from hacks, from people who have unethically compromised root users or system administrator credentials.”
Using this safe network, blockchain applications built through the IBM blockchain are signed and encrypted so it is impossible for a malware to install itself on this platform. 
This project is currently in a limited beta version.

Cloud Blockchain Security Service

This is not the first time we read news related to IBM and blockchain services.
In fact, previously this company announced its project for an artificial intelligence called Watson to be created thanks to the blockchain. You can read the full news by clicking here.
Also, IBM is so enthusiastic about this technology that Director John Wolpert commented “We’re All in on Blockchain”, during an important Blockchain Conference held in San Francisco on February 12nd, 2016. 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

IBM blockchain project for identity verification

ibm blockchain
Today the tech-giant IBM revealed its latest blockchain project thanks to the French bank Crédit Mutuel Arkéa, an idea that aimed at creating a system for identity verification.

IBM Blockchain for identity confirmations

IBM explained that the concept exploit the Hyperledger blockchain to allow users to have a proof of their identity, one of the few projects with the blockchain used as a non-financial application.
Frédéric Laurent of the Crédit Mutuel COO explained:
“This project offered a complete view of customers’ documents across our distributed network and helped us to understand and master blockchain for other client uses.”
This is not the first time we heard about blockchain projects conceived by the IBM. In fact, in April we wrote about Watson, an artificial intelligence connected to the blockchain and created by IBM itself. 
This device wil be registered on the Bitcoin ledger and – thanks to smart contracts – it will create different kinds of access, allowing lots of functions and customization.

Banks and blockchain applications

 The news come when the French bank decided to use the blockchain technology, after several other banks announced their own projects related to the distributed ledger.
A few days ago we talked about the BNP Paribas project to study the blockchain as it aims at building new tools for data and money management.

Universal Wallet for Cryptocurrencies

The blockchain is the technology behind the cryptocurrency called bitcoin. To store your bitcoins you need a safe and easy-to-use wallet.

Our innovative system allows you to store not only bitcoin but also several different kinds of digital currencies such as Ethereum, Dogecoin, Litecoin, Blackcoin and more.

To open your wallet for free, and to read more about the HolyTransaction wallet, click here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

IBM Watson uses the Blockchain in Singapore

IBM Watson project and the Bitcoin blockchain are two new technologies that might change the way we live and work in the near future.



Today tech giant IBM opened a new incubator with 5,000 computer technicians that aim at creating several prototypes by using the IBM Watson AI tools and the Bitcoin Blockchain.
This innovative environment is called the Watson Centre and it is situated in the Marina Bay in Singapore and in the IBM Garage, specialized in developing blockchain applications thanks to the IBM Open Standards tools within the Global Entrepreneur program that was launched back in 2010.
Randy Walker, CEO at IBM for the Asian zone, explained this project with these words:
“Watson and blockchain are two technologies that will rapidly change the way we live and work, and our clients in Asia Pacific are eager to lead the way in envisioning and creating that future.”

IBM Watson and blockchain



This new center comes thanks the study of the distributed ledger applications started back in 2015 when IBM joined the Hyperledger project.

Also, at the beginning of 2016, Chris Ferris, CTO at IBM, became the project leader of the aforesaid open-source blockchain project.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Artificial intelligence connected to the blockchain thanks to IBM

ibm works on Watson artificial intelligence connected to the blockchainIBM is working on an artificial intelligence that will use the blockchain.
Thanks to the possibilities offered by the blockchain in terms of value exchange, the IBM artificial intelligence will be able to analyze tons of data in a small portion of time.
And thanks to Tim Hahn this will happen for real. He explained to CoinDesk:
“What we’re doing with blockchain and devices is enabling the information those devices supply to effect the blockchain…You begin to approach the kind of things we see in movies.”
The blockchain applications will include the possibility to allow devices to perform tasks at a certain set time. 
Also, the devices wil be registered on the blockchain and – thanks to smart contracts – different types of access will be created, allowing lots of functionalities and customization. 
For example, thanks to the blockchain, Watson software could be updated remotely.
“You better be ready to actively update your devices throughout the lifecycle of your devices. Vulnerabilities will be discovered long after the device is released”, commented Hahn. 
Unfortunately Watson is still in a development phase and we don’t have more details about this disruptive invention. 
“Its early days and we’re just playing around with prototypes now”, explained Hahn. 

IBM invests in the Internet of Things

It was March when IBM announced its decision to invest $3bn to build an entire office that would be dedicated to the Internet of Things (IoT), or the smart connection between devices and Internet.
In a press release IBM explained that the company predicted to earn $235bn by the end of 2016 and an increase of 22% from 2014. 
The statement also predicted 6.4 billion devices that will be used worldwide within the end of 2016, an amount that will reach 20.8 billion in 2020.

Previous statement

IBM, in fact, is also working on the Hyperledger Project, an open-source blockchain led by The Linux Foundation. Presented in December, this project stars thirty companies including ABN Amro, CME Group, Red Hat and several blockchain startups.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

‘We’re All in on Blockchain’, says IBM

We are all in on Blockchain”: these were the words of IBM Director John Wolpert during the today Blockchain Conference in San Francisco. According to Wolpert the blockchain needs a more collaborative approach, which is not always guaranteed by the blockchain developers. 

So it seems that the worldwide company IBM wants to ensure itself a leading role in the market solutions related to the blockchain.

In fact, IBM is working on the Hyperledger Project, an open-source blockchain led by The Linux Foundation. Presented in December, this project stars thirty companies including ABN Amro, CME Group, Red Hat and several blockchain startups.
“It’s amazing how many smart and genius people are behind bitcoin, but they miss some logic here. You don’t need to go from trusted to trustless on everything. I think that’s an honest disagreement. The Internet is a permissioned walled garden. Anyone heard of ICAAN [Internet Corporation for Assigned Names and Numbers]? It’s permissive, but it’s permissioned”, said Wolpert. 
Hyperledger Project’s goal, he continued, is to be an evolution of the first generation projects such as Bitcoin and Ethereum, that gather all the best projects that leverage on the blockchain together with all the stakeholders that will potentially use such technology. This is necessary if we want to have a widely used transactional protocol.
It has to be immutable and modular. It can’t be this is the consensus algorithm, this is the token, all of that has to be modular. It has to be scalable. Interledger-ing is important. You have to inter-op between chains and different things”, he said.
During his speech Wolpert also emphasized IBM’s experience in consensus algorithms and distributed computing during the last 30 years. 
It’s thanks to such experience that IBM was able to conduct the Hyperledger Project, that Wolpert sees as the only way to bring all the different stakeholders to the same table and make them work together to build and open-source blockchain platform that can be used in many different areas, as it is for Linux.
We’ve been doing projects on every kind of blockchain. We’ve been doing that for a couple years and now we have a whole unit. We announced [we worked with] the Linux Foundation […] At that point, we went all in on blockchain”.

About the author: Amelia Tomasicchio is a writer and a journalist of Bitcoin-related news and articles. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio