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IBM unveils new version of its blockchain platform optimized for Red Hat OpenShift

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Shampa Mani reporter

Fri, 27 Sep 2019, 09:34 am UTC

Tech giant IBM this week announced a new version of the IBM Blockchain Platform, its enterprise grade blockchain platform.

In an online post dated September 14, Jerry Cuomo, Vice President Blockchain Technologies, IBM Blockchain, said that the new version of the IBM Blockchain Platform software is optimized to deploy on Red Hat OpenShift, Red Hat’s state-of-the-art enterprise Kubernetes platform.

IBM Blockchain Platform provides blockchain software, services, tools and sample code needed to build, operate, govern and grow a working blockchain network.

The support for Red Hat OpenShift, Cuomo explained, will offer “even more flexibility when choosing where to deploy your blockchain network components, whether on-premises, in public clouds, or in hybrid cloud architectures.”

The advanced tooling of IBM Blockchain Platform will allow containerizing smart contracts, peers, certificate authorities and ordering services and easily deploy them within preferred environments. Cuomo said that the combination offers mission-critical performance and availability in every stage of blockchain development, deployment and production.

He further explained that new version is best suited for organizations that want to keep a copy of the ledger and run workloads on their own infrastructure for security or compliance reasons, store data in specific locations to meet data residency requirements, or deploy blockchain components in multiple cloud or hybrid cloud architectures to meet consortium needs.

Furthermore, the platform generates artifacts that are fully compatible with the Hyperledger Fabric, thereby offering interoperability with other vendors that provide Hyperledger Fabric-based products, services and solutions.

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