IBM launches its next generation Blockchain platform

In a recent blog post by  Jerry Cuomo, IBM Fellow, Vice President Blockchain Technologies, IBM Blockchain, he states, “ In today’s hybrid and multicloud world, organizations run both on-premises and in distributed cloud environments. Organizations today leverage cloud services from five to 16 cloud vendors. IBM’s vision is a fully-flexible blockchain platform, built around a well-managed open source distributed ledger technology, that can truly run in virtually any computing infrastructure. Today we make this vision a reality with the announcement of the next generation of the IBM Blockchain Platform.

Clients can now benefit from the next generation of the IBM Blockchain Platform which has been rearchitected to support deployments via Kubernetes. This means you can now deploy the IBM Blockchain Platform on the infrastructure of your choosing. Deploy to public clouds like IBM Cloud, AWS, and Azure, or deploy on-premises in private clouds with secure infrastructures like LinuxOne. This hybrid and multicloud approach will allow blockchain networks to work effectively across multiple environments Cuomo adds, “ I’ve always said, “blockchain is a team sport,” and those were never empty words. Blockchain requires unprecedented collaboration and cooperation, and IBM and Microsoft, on stage, side by side AT IBM think and Consensys 2019, is a great example.’ 

Vertrax selected IBM as their blockchain partner and has successfully deployed their production solution using the IBM Blockchain Platform on AWS. Vertrax, like many companies, has a tight knit relationship with their cloud vendor of choice. At the same time, they knew they needed a blockchain platform that was specifically designed for business needs, with security and privacy top of mind. “IBM was a no-brainer,” says Vinny Mullineux, CEO of Vertrax. “We needed something that would work on AWS, but we also needed a mature, secure, business-oriented blockchain platform. That eliminated Ethereum and we knew we had to use something built on Hyperledger Fabric. The IBM Blockchain Platform is the only thing that made sense.”