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May 19, 2017

IBM offers enterpise blockchain support with new accelerator

Could this lead to a big Blockchain breahtrhough?

By Tom Ball

IBM has announced the launch of the IBM Blockchain Founder Accelerator with the goal of providing enterprises with blockchain support.

The programme is the first of its kind to provide technology, business, and legal support to enterprises in establishing new blockchain networks.

Not only will the programme grant expertise, but it will also provide access to new prebuilt software assets that are to be delivered via IBM Cloud. This process will speed up the work of developers writing blockchain code.

Participants in the blockchain support programme will gain the ability to build secure blockchain eco-systems that are cloud-based. Concerns that have slowed the progress of blockchain making it to mass implementation have included security, and early adopters will be able to use the all-encompassing IBM support to work on this problem area.


READ MORE: SAP adds Blockchain-as-a-Service to cloud portfolio

Blockchain is set to have a business revolutionising impact across the industries, and its development has been worked on by consortiums of major companies including J.P. Morgan and Mirosoft.

A new IBM study that surveyed 3,000 C-suite executives focussed on the use of blockchain in businesses, and the results showed that 33 percent are already engaged in or considering using the technology.

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Marie Wieck, general manager, blockchain technology, IBM said: “Blockchain is a team sport. With the right network of participants collaborating on the blockchain, the benefits can be exponential… IBM has worked on more blockchain projects than any other player in the industry and we understand the challenges organizations face and the resources needed to get blockchain networks right the first time. IBM is proactively building solutions and entire blockchain ecosystems across a broad range of industries and we are sharing our expertise and resources to help more organizations quickly set up their networks.”

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