(3.20.17) Forbes: IBM and Hyperledger Launch Enterprise-Ready Blockchain

By March 20, 2017 News

IBM today announced the new release of IBM Blockchain the first enterprise-ready blockchain service based on the Linux Foundation’s Hyperledger Fabric version 1.0.

Although some tech experts had predicted blockchain systems would not be operational for several years, some blockchains have been operational, mostly on a small scale, for several years. The technology, which links transactions or records in chains of immutable blocks so new transactions or changes in ownership are recorded by adding to the chain while leaving previous records intact, is being used in financial services such as custody or tracking shares transactions in private equity, and in supply chains plus for tracking food from farms to stores.

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