IBM announces enterprise-ready blockchain services that go beyond currency

From Ars Technica


IBM Blockchain will be used to try to track carbon allowances in a pilot program in China later this year.
Enlarge / IBM Blockchain will be used to try to track carbon allowances in a pilot program in China later this year.

On Monday, IBM announced a new version of its enterprise-grade deployment of IBM Blockchain (Blockchain offers companies the ability to create, run, and monitor distributed ledgers on IBM’s cloud). The company also announced several commercial applications of IBM Blockchain that are either already in existence or will soon be deployed by a wide range of companies, including authentication provider SecureKey, financial-services company Northern Trust, and a Chinese carbon-allowance trading company.

The blockchain concept was popularized by Bitcoin, the virtual currency that uses a distributed ledger to track transactions, which can be verified by any member of the group. In the wake of Bitcoin’s popularity, IBM and other large companies across various industries started molding blockchain software to apply to purposes beyond exchanging money….

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