Hyperledger towards business goals with sharing secure enterprise data
How IBM is using blockchain to transform the potential of enterprise data
Chris O'Brien @obrien in Venturebeat
Blockchain can be shrouded in babble about consensus and cryptography and ledgers, leaving IT managers stewing in a cauldron of confusion. But in 2020, IBM made big strides toward bringing blockchain into the mainstream by focusing on the benefits it offers enterprise users.
Those virtues include the ability to connect with a wider range of partners to share data across secure networks built on trust and transparency. For large enterprises focused on digital transformation, blockchain is becoming a critical tool for accelerating those efforts.
“I think almost every CIO that is driving transformation has pivoted to thinking how to attack this in a way that’s going to be iterative, agile, fast, and open,” IBM blockchain general manager Alistair Rennie said. “Where we’ve had success is getting blockchain onto their radar as a really useful business tool. It’s not an esoteric technology discussion at this point. If you are trying to do multi-party integration with security and privacy, and you need to do it quickly in a way that is going to have a rapid business impact, then blockchain is a suitable technology to pursue that business goal.”
Blockchain is taking its place as another way to help companies leverage the surging amounts of data they are collecting, and IBM is trying to advance the adoption of blockchain along three pathways. ...
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