Steve O’Grady, Principal Analyst & Co-Founder, RedMonk, on the value and purpose of a blockchain platform.
Enterprise AI with IBM Watson Studio & Watson Machine Learning
This IBM video is a promotion for their Watson Machine Learning and IBM Watson Studio, which they describe as a “leading data science and machine learning platform built from the ground up for an AI-powered business.” They further state that it “helps enterprises simplify the process of experimentation to deployment, speed data exploration and model development and training, and scale data science operations across the lifecycle.”
Why IBM Built World Wire on Stellar
Jesse Lund, Vice President of IBM Blockchain, explains how World Wire will solve the problem of global payments and why IBM chose to build it on the Stellar network.
Why IBM Built World Wire on Stellar: The Developer Experience
Seema Phalke (Lead Developer, IBM World Wire) talks about her experience developing World Wire on the Stellar network.
Blockchain and the Role of Open Source Software
Arnaud Le Hors, Senior Technical Staff Member of Web & Blockchain Open Technologies at IBM, speaks about blockchain and the role of open source software at Money20/20, Europe 2017.
Open source is a term denoting that a product includes permission to use its source code, design documents, or content. It most commonly refers to the open-source model, in which open-source software or other products are released under an open-source license as part of the open-source-software movement. Use of the term originated with software, but has expanded beyond the software sector to cover other open content and forms of open collaboration.
Le Hors notes that open source provides a richer community, with more input from many backgrounds, knowledge and experience.
It’s important from a security perspective to have many eyes viewing the technology to ensure bugs are found and remedied.
As a network, blockchain benefits from many developers.
Additionally, open source gives those who inspect the code confidence that it can perform as intended.
IBM decided to create an open blockchain and looked for partners. They were comfortable with the Linux Foundation and decided to create the Hyperledger project under them by contributing code, but there are other good projects, as well. The growth of members has been tremendous.
Blockchain Letter-of-Credit Demo
IBM posted this short video to demonstrate a simple example of real-world blockchain application.
In this example, blockchain provides a small business faster access to credit. More specifically, what is demonstrated is how blockchain facilitates a small business purchase of a number of computers from an oversea supplier via a letter-of-credit from a bank. Blockchain facilitates the transaction by making available pertinent information as a transparent and trusted data chain so that all parties can readily identify details to ship the computers and transact payment.
The IBM Blockchain Platform
The IBM Blockchain Platform enables developers to create, test, govern and manage a working blockchain network.
The platform includes a set of blockchain software, services, tools and sample code to help developers launch more rapidly.
Built on Hyperledger Fabric’s open architecture from the Linux Foundation, this Blockchain-as-a-Service platform unlocks opportunity in a hardened, security-rich, production-ready environment, including 24x7x365 IBM support.
IBM Blockchain World Wire
IBM is using the Stellar protocol to facilitate financial institution clearing and settlements of cross-border payments in seconds.
The idea is to integrate messaging, clearing and settlements together on one blockchain to simultaneously clear and settle cross-border payments in near real-time.
The IBM Food Trust
The process that brings food from farm to table includes cooperation between many entities along the way.
The IBM Food Trust represents a collaborative network of growers, processors, wholesalers, distributors, manufacturers, retailers and others using blockchain to increase transparency and accountability in each step along the food supply path.
IBM describes this platform as “The only active network of its kind that directly connects participants through a permissioned, permanent and shared record of food origin details, processing data, shipping details and more.”
Ali Bouzari, cited as a Culinary Scientist and Educator, describes IBM’s Food Trust as a blockchain system that consists of digitizing information about the food supply chain in a way that’s indelible, in a way that is searchable, for instant access to records that we can have faith in.
IBM Leading Blockchain Deployment
A Juniper Research survey revealed that:
65 percent of respondents ranked them [IBM] as the first choice for deploying a blockchain. Microsoft was second to IBM, with just 7 percent of the votes.
The same survey also found that nearly half of companies were considering using Ethereum as their platform of choice. The longevity of this pattern is debatable in relation to the rise of its primary competitor EOS.
https://thenextweb.com/hardfork/2018/09/14/juniper-research-blockchain-deployment/