ARMONK, N.Y., July
14, 2016 /PRNewswire/ -- IBM (NYSE: IBM) today announced
a cloud service for organizations requiring a secure environment
for blockchain networks. Ideal for organizations in regulated
industries, this environment allows clients to test and run
blockchain projects that handle private data.
IBM's secure blockchain cloud environment, underpinned by IBM
LinuxONE, the industry's most secure Linux-only server, are ideal
for organizations such as Everledger, a company that tracks and
protects diamonds and other valuables via the
blockchain.1 Everledger is building a digital business
network using IBM Blockchain to power its global certification
system to track valuable items through the supply chain, helping to
protect suppliers, buyers and shippers against theft,
counterfeiting and other forms of corruption. The blockchain is
used to demonstrate the origin of high-value goods such as
diamonds, fine art and luxury goods.
"When you are in the business of provenance, secured records,
access and transparency are everything. There is no compromise when
it comes to security and one cannot underestimate the expertise
required to enable this," said Leanne
Kemp, CEO and Founder of Everledger. "Having the opportunity
to build, test, scale and refine Everledger on IBM Blockchain,
underpinned by a security-rich infrastructure, is a game changer.
It has accelerated our ability to move fast and deliver the most
innovative solutions to our partners internationally and
confidentially."
As blockchain grows in influence and organizations begin to
evaluate cloud-based production environments for their first
blockchain projects, they are exploring ways to maximize the
security and compliance of the technology for business-critical
applications. The average total cost of a data breach for
enterprises reached $4 million last
year, and with security incidents up by 64 percent in 2015, the
risks are higher than ever.2 Security is critical –
not just within the blockchain itself but with all the technology
touching the ledger.
The business network on the IBM Blockchain cloud environment
helps secure entry points and fight against insider threats. With
advanced features that help protect data and ensure the integrity
of the overall network, LinuxONE is designed to meet the stringent
security requirements of the financial, health care and government
sectors, helping to foster compliance.
"Blockchain will change the way we transfer high value goods,
digital assets and financial instruments. To accelerate blockchain
adoption, clients must trust the infrastructure and the system that
blockchain is running on," said Donna
Dillenberger, IBM Fellow, Enterprise Solutions. "With IBM
Blockchain, we are expanding access to the emerging technology —
not only by making it easy to get up and running on the IBM Cloud,
but also by using the most secure infrastructure."
Currently in limited beta, these new secure cloud services to
run blockchain in a production environment allow clients to quickly
and easily access a secure, partitioned blockchain network to
deploy, test and run projects. Clients can sign up here. The latest
version of IBM Blockchain is available today through Bluemix.
To learn more about IBM Blockchain visit
www.ibm.com/blockchain.
To learn more about IBM Cloud visit:
http://www.ibm.com/cloud-computing/.
To learn more about the IBM LinuxONE portfolio, visit
http://www.ibm.com/systems/linuxone/ or the IBM Systems blog.
Contact:
Hannah Slocum
IBM Media Relations
+1 (978) 877-0105
hslocum@us.ibm.com
1 Based on Common Criteria EAL5+ security rating
for z Systems mainframe; May the Cyber Security Force be
with You, a Solitaire Interglobal Ltd study; and 2015 Global
Server Hardware and Server OS Reliability Survey, a joint survey by
ITIC and Strategy Analytics.
2 Based on "2016 Ponemon Cost of Data Breach
Study"
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SOURCE IBM