/* ---- Google Analytics Code Below */

Tuesday, May 12, 2020

IBM Blockchain to Offer Smart Contract Options

This was the kind of direction we were looking at recently, and had indications that IBM was playing in the space.

IBM Blockchain to Offer Decentralized Smart Contract Option  in Coindesk

IBM is implementing the Hyperledger Fabric 2.0 base layer to support smart contract governance on its blockchain platform.

IBM Blockchain to Offer Decentralized Smart Contract Option
IBM is upgrading its enterprise blockchain solution to provide clients with a new decentralized governance option that will allow transaction parties to propose and amend smart contract parameters.

The blue-chip IT firm said last week that the IBM Blockchain Platform would carry over the changes in Hyperledger Fabric 2.0 – its base layer – claiming it "vastly improves" overall security and usability.

As well as improving performance and data privacy, IBM said in a blog post that the upgrade would completely change the platform's smart contract governance.

"IBM Blockchain Platform will support Hyperledger Fabric 2.0 and continue to add additional capabilities around the new decentralized smart contract lifecycle management and other new improvements," IBM said in its blog post. "In addition, the platform will allow the user to choose which version of Fabric to deploy and to migrate from one version to another."

Although IBM says it is "full steam ahead" with the Hyperledger Fabric 2.0 integration, it didn't provide a timeframe for when it expects to go live.  ... "

No comments: