IBM to offer ‘BAAS’
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.