Blockchain based Service: A Case Study on IBM Blockchain Services & Hyperledger Fabric
Bhuvana, R., P. S. Aithal
Abstract
IBM is one of the world’s leading American multinational technology company, always<br> innovative and experimenting for new things with constant new trials and hands on different<br> technologies. The company is recently focused its research and innovation on one of ICCT<br> underlying technology applications called Hyperledger fabric and blockchain. A business<br> blockchain presented by Linux foundation is hyper ledger fabric becoming the de facto<br> standard for enterprise it provides blockchain-as-a-service (BaaS) and lets the usage of<br> blockchain components any possible business environment with ease. Blockchain has several<br> edges, together with decentralization, durability, transparency, and audit ability. The IBM goal<br> is to develop company-ready solutions that address existing technology limitations relating to<br> privacy, confidentiality, audit ability, performance, and measurability. Proven, scalable, and<br> built for running on any cloud Simplifies complexness quickly, unlocks new price, and<br> expands competitive edges. Hyperledger cloth system for companies might be thought to be a<br> public platform. Within which all transactions committed are held on in an exceeding<br> blockchain. The chain grows endlessly as new blocks are added. To figure towards a frictionfree<br> network by facilitating easy functionality this article illustrates Blockchain, IBM<br> blockchain, Hyperledger fabric its framework, tools, and blockchain-as-a service. The<br> secondary data was obtained from various scholarly journals and websites. We have analysed<br> the Hyperledger framework, tools and examined their blockchain services to different<br> industries using the ABCD analysis framework as a research case study.