IBM Launches Blockchain Cloud Services for Government, Healthcare Sectors


IBM announced Friday it is launching its own framework for running blockchain networks along with new services on the IBM Cloud designed to meet security and regulatory compliance.

Blockchain, best known as the technology behind bitcoin, is a distributed, encrypted database architecture that is considered immune from tampering. In a nutshell, a blockchain logs all transactions on a bitcoin network and stores them in blocks that update a balance and data such as payments, confirmations and orders.

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