IBM to of­fer ‘BAAS’

Banking Frontiers - - Blockchain -

IBM is of­fer­ing ‘Blockchain as a Ser­vice’. The fa­cil­ity has been de­vel­oped on the open source Hyper­ledger Fab­ric, ver­sion 1.0 from The Linux Foun­da­tion. It will be a pub­lic cloud ser­vice that cus­tomers can use to build se­cure blockchain net­works. A spokesper­son for IBM said the com­pany is of­fer­ing a set of cloud ser­vices to help cus­tomers cre­ate, de­ploy and man­age blockchain net­works. This fits in with IBM’s broader strat­egy to of­fer a wide range of cloud ser­vices to its cus­tomers. IBM has added a set of se­cu­rity ser­vices to make it more palat­able for en­ter­prise cus­tomers, while of­fer­ing it as a cloud ser­vice helps sim­plify a com­plex set of tech­nolo­gies, mak­ing it more ac­ces­si­ble than try­ing to do this alone in a pri­vate data cen­ter.

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