IBM is a US-based IT Consulting, Computer, and Technology Corporation which is headquartered in New York. It is the world’s largest technology company and the second most valuable in terms of the global brand. IBM deals with the manufacture and sales of computer software and hardware.

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IBM Announce Upgrades to Its Multi Cloud
Blockchain
According to news reports on 18 June, IBM announced upgrades to Multicloud, its
blockchain platform. The multicloud platform has now undergone a detailed
upgrade where it allows clients to leverage to public clouds such as IBM Cloud,
Azure, or AWS and company-hosted private clouds such as LinuxOne, Cisco,
Microsoft, VMware, etc. This is the main upgrade over the previous version of
multicloud, which was available only on IBM’s cloud. The multicloud platform is
made available via Kubernetes. It is a computer program which allows users to
scale blockchain networks as per their need.
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At the press conference, IBM’s CTO, Jerry Cuomo, commented on the vision of
the service mentioning that it is a “fully-flexible blockchain platform, built around a
well-managed open source distributed ledger technology, that can truly run in
virtually any computing infrastructure.”
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IBM is a US-based IT Consulting, Computer, and Technology Corporation which is
headquartered in New York. It is the world’s largest technology company and the
second most valuable in terms of the global brand. IBM deals with the
manufacture and sales of computer software and hardware. It operates in
segments such as Global Business Services (GBS), cognitive solutions, services
and cloud platforms, and systems and global financing. It competes with Cisco
Systems, Oracle Corporation, Microsoft Corporation, Accenture, Dell
Technologies, etc.
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One of the main advantages of the new multicloud platform which IBM boasts
about is the interoperability. As reported on the website, the new platform allows
blockchain participants to provide governance across multiple cloud networks.
This includes those with differing privacy environments also. The multicloud
blockchain is a variation on Hyperledger Fabric,
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the open source blockchain platform. It is almost the same, but the significant
difference is the ease-of-access tools provided by IBM. These tools aid in
streamlining the launching process of a permissioned network. It also helps assist
tasks such as creating consensus mechanisms and assigning governance.
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Cuomo further explained that “Developers can now easily move from development
to test to production from a single console. Included within the extension are code
samples and tutorials, enabling any developer to become a blockchain developer
easily. The IBM Blockchain Platform meets developers where they are, offering
support for smart contracts to be written in JavaScript, Java, and Go languages.”
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As per recent reports, IBM partnered with Câmara Interbancária de Pagamentos,
the Brazilian payments non-profit, for releasing a blockchain ID platform built on
Hyperledger Fabric. This platform, named as ‘Device ID,’ will play the role of an
authenticator for mobile devices. It is aimed at preventing fraud and other criminal
activities. The Brazilian Payment System and nine banks are all set to use the new
blockchain verification platform.
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The multicloud platform helps enterprises improve data center performance and
availability. Multicloud strategies can become time-consuming, expensive, and
difficult to manage environments due to scattered visibility, security, and workloads
spread across multiple clusters and clouds. The IBM multicloud platform is an
ideal choice for enterprises as it integrates all environments in a single view,
thereby providing them optimal control over what they govern, see, and automate.
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