IBM Blockchain

IBM Blockchain

IBM Blockchain is an enterprise blockchain platform that allows organizations to build blockchain networks and applications. It offers tools to develop chains, join networks, and leverage pretrained smart contracts.
IBM Blockchain image
enterprise blockchain networks applications smart-contracts

IBM Blockchain: Enterprise Blockchain Platform

IBM Blockchain is an enterprise blockchain platform that allows organizations to build blockchain networks and applications. It offers tools to develop chains, join networks, and leverage pretrained smart contracts.

What is IBM Blockchain?

IBM Blockchain is an enterprise-grade blockchain platform developed by IBM that enables organizations to rapidly build and deploy blockchain networks and applications. Some key capabilities and features of IBM Blockchain include:

  • Allows creating permissioned blockchain networks that combine the security of cryptography, data privacy, and transparency while preserving confidentiality between network members.
  • Provides tools and services to develop the network, chaincode, applications, integrate systems, and manage blockchain networks.
  • Offers modular components to customize and tune the platform for specific business needs.
  • Uses Hyperledger Fabric, an open source blockchain framework implementation, and also supports other blockchain protocols like Hyperledger Sawtooth and Ethereum.
  • IBM Blockchain Platform Starter Plan provides a free development environment for testing purposes.
  • Designed for enterprise scalability, security, and performance needs including data privacy and confidentiality features.
  • IBM Blockchain Platform is IBM's commercial distribution that adds security, governance, and support capabilities on top of the open source Hyperledger Fabric.

IBM Blockchain Features

Features

  1. Allows building permissioned blockchain networks
  2. Offers built-in smart contract support
  3. Provides access to IBM Cloud services
  4. Includes identity and access management
  5. Supports multiple consensus protocols like RAFT
  6. Has monitoring and analytics capabilities
  7. Integrates with Hyperledger Fabric

Pricing

  • Free
  • Subscription-Based

Pros

Enterprise-ready blockchain solution

Flexible deployment options

Modular architecture

Rich tooling and APIs

Backed by IBM support and expertise

Cons

Can be complex for smaller use cases

Steep learning curve

Vendor lock-in concerns

Limited to Hyperledger Fabric currently


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