Understanding Blockchain for Business
Blockchain: The cryptographic technology that underlies Bitcoin is called “Blockchain”, a technology that offers use cases well beyond cash and currency. Enterprise level interest in Blockchain took off on December 17, 2015 when IBM announced a new collaborative effort to advance this popular technology. Working alongside the Linux Foundation Open Ledger Project (re-branded Hyper Ledger Project), IBM pledged to develop and submit a new code base that would be re-written from the ground up, using a small but very skilled set of resources from IBM Research and Development. This project will create the functional equivalent of the Linux Kernel for Blockchain and the IBM Code Drop is round one. You can find the code here - https://github.com/linux-on-ibm-z/docs/wiki/Building-Open-Ledger.
The objective of the Hyper Ledger Project is to provide an enterprise grade, open source distributed ledger framework that would free developers to focus on building robust, industry specific applications, platforms and hardware systems to support business transactions. Later articles will explore how IBM's code drop aligns against that objective.
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8 年Good Work, IBM. This is what The Open Development process was designed to accomplish. Providing a traceable and secure method to exchange and provide authenticated services and documentation will reduce much of the current workload of Operations and Security and speed trustworthy digital integration across industries.