While Bitcoin is often considered the first real use case for blockchain, the technology has come a long way since those early days. Blockchain has been rebuilt from the ground up and is a driving force for new business models and regulated industries. Blockchain is a shared, immutable ledger for recording the history of transactions.
2. Blockchain 101
⢠Transactions take place every second, from
orders and payments to account tracking.
Often, each participant has their own ledger
and therefore their own version of the
truth. Having multiple ledgers is a recipe for
error, fraud and inefďŹciency.
⢠The blockchain framework is the answer to
this problem. Blockchain is a shared,
immutable ledger for recording the history of
transactions - one that cannot be altered.
Blockchain is fostering a new generation of
transactional applications, which establish
trust, accountability and transparency - from
contracts to deeds to payments.
3. 3
Blockchain Defined
Blockchain has been
made famous by
Bitcoin. But its uses
go far beyond.
Blockchain can re-
invent the most
fundamental
business interactions.
IBM is adopting
Blockchain for a
very broad range of
business
applications.
5. De-centralised
No one party can control the flow of information in the
network. All participants have a minority role in the
network, preventing manipulation or fraud.
6. Updates to a blockchainâs ledger requires consensus from all
parties. Once information has been added to the network, the
ledger is immutable until everyone agrees that a new piece of
information is verified and can be added.
Tamper-resistant
7. Smart contracts
Blockchain networks support smart contracts, meaning
transactions can occur automatically once real-world
requirements are met. Stakeholders can define the terms of their
agreement and the requirements for the transaction to go
through, and then trust that it will execute without fear of failure.
8. 8
Having one record of
information between all
parties minimises the
opportunity for
misreporting and
increases the speed
with which information
can be distributed.
Efficient
9. 9
A single store of all
information and history for
transactions of assets,
documents or any other
item of value in the network
means that all network
participants can audit the
trail of data.
Auditable
10. 10
Data relating to each asset
in the network can be
tracked from its moment of
creation through to the
most recent exchange it
was involved in.
Traceable
11. 11
All parties share the exact
same data, the chronological
flow of blocks from initiation
of the blockchain network to
most recent transactions,
meaning that information
cannot be hidden from
stakeholders.
Transparent
12. 12
Advanced cryptography
protects the network and
each block, meaning that no
piece of data can be
changed without it
immediately proving itself
false.
Secure
13. 13
The blockchain network is
similar across many
applications but it is possible
to customise it, for example for
a situation in which some
parties need to provide
confidential information to
each other without sharing it to
the entire network.
Customisable
14. 14
The blockchain network
will regularly (every few
minutes depending on
how it is set up) update
based on the latest
transactional updates in
the ecosystem.
Real-time
15. 15
The only fully integrated enterprise-ready Blockchain platform
⢠Based on Hyperledger Fabric V1 runtime optimised for
enterprise requirements.
⢠Specialised compute for security, performance and
resilience.
⢠Delivered via the IBM Cloud on a global footprint with 24x7
Integrated Support.
⢠Full lifecycle tooling to speed activation and management
of your network.
Introducing IBM Blockchain Platform
16. 16
Blockchain for the Enterprise
Performance and Scalability
⢠Support billions of transactions
⢠Ledger lives and grows forever
Immutability
⢠Committed transactions cannot be
changed even by malicious parties
Smart Contract Language
⢠Simplified abstraction for developing
Blockchain apps
⢠Enhanced security by generating
safe code
Enterprise-grade Security
⢠User privacy
⢠Contract confidentiality
⢠Auditability
Easy On-ramp for
Developers
⢠DevOps in the cloud
Seamless Enterprise
Integration
⢠WebSphere and z Systems
connectors
17. 17
Try online
⢠Zero install!
⢠Leverage Hyperledger Composerâs web playground
Install on Laptop
⢠Develop and test with complete local dev env including Hyperledger Fabric
& Composer
Share on Cloud
⢠Collaborate, share code of your running blockchain network including with
Docker and Kubernettes; free and fee options
Develop Blockchain Apps with Hyperledger technologies
18. 18
Deploy to production in IBM Cloud when youâre ready!
Free cloud sandbox and interactive playground to
convert business design into code
19. 19
Runtime optimised for enterprise requirements
Network dashboards
⢠For monitoring and managing the resources on the network.
Lifecycle management
⢠With seamless upgrades of the full code stack without pausing the network
Hardened security stack
⢠With 100% encryption, no privileged access, malware and tamper resistant keys
24/7 Technical Support
⢠Integrated into the portal for problem resolution
Hyperledger Fabric V1.0
20. Accelerate Blockchain
⢠Weâve created a blockchain knowledge hub!
⢠Learn more about blockchain, what it is and how it can impact
your business.
⢠Find the hub here: www.accelerate.world/blockchain