IBM Launches Cloud Blockchain Platform Service in Melbourne



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IBM has released its main blockchain network from its data center in Melbourne, Australia. This would supposedly allow their customers to run their apps on the company's cloud, according to an article published on ZDNet on Feb. 11.

The IBM platform was built on Hyperledger Fabric. Hyperledger is a project that aims to improve the multi-sector technologies hosted by the blockchain and hosted by the Linux Foundation.

A Sydney-based IBM data center is expected to open at the end of March, joining other centers in Tokyo, London, Dallas, São Paulo and Toronto. The blockchain leader for IBM in Australia and New Zealand, Rupert Colchester, told ZDNet that a second center would make the technology more widely available and provide redundancy.

In addition, with the establishment of a physical infrastructure, customer data will no longer cross borders and will ensure the security of regulated applications in government and financial services. Colchester said, "Customers deploying blockchain applications have reached the maturity of projects requiring data storage in Australia."

Colchester added that blockchain technology is widely applied and that it is "quite active" in all Australian industries. He said, "I do very few training sessions these days, but there are a lot of discussions in which clients are trying to figure out how they can best apply them to the problems they encounter."

In September of last year, the Australian real estate group Vicinity announced that it will test a blockchain solution for its energy network. Through a partnership with Australia's Power Ledger energy technology company, the trial was incorporated into Vicinity's $ 75 million solar energy program at Castle Plaza, a shopping center in Adelaide, South Australia. .

IBM has actively developed its use of blockchain technology. On January 31, IBM completed a block chain trial, which shipped 108,000 mandarins from China to Singapore. This technology supposedly reduces the processing of documents and the costs of shipping,

On February 8, IBM announced that a project using the blockchain and the Internet of Things (IoT) to combat drought in the state of California in the United States is underway. SweetSense, IBM's sensor and research technology provider, is badociated with the University of Colorado, Boulder and Nonprofit, Freshwater Trust, to use blockchain and IoT in management. of the use of groundwater.

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