According to the United States Patent and Trademark Office, IBM is now looking forward to fortifying network security with the use of latest blockchain technology. Through the second patent, IBM seeks to strengthen database management systems.
The existing database management systems have been severely inefficient as they are loaded and streamed with a large workforce. The use of blockchain technology would help minimize the bulk load, increasing its efficiency to deliver faster and better results.
IBM and Blockchain
The past years have seen IBM imprint its mark in the world of blockchain technology. The IBM Blockchain project launched by IBM two years ago brought out several blockchain centred enterprises. The IBM blockchain runs on a public cloud service. Users can make use of this service to secure and safeguard their blockchain networks.
The blockchain project was launched as a means to fulfill IBM’s vision to provide accessible blockchain technology to all its clients. The company’s blockchain service is built to track and detect every piece of activity that happens on the network. In the case of wrongdoing or security breach, the security would alert the administrators.
SecureKey Technologies partnered with IBM and various banks in Canada in 2017 to help a great deal in securing our digital identity. Third party applications would only gain access to the digital information we provide to the above-mentioned blockchain protected digital identity network. Retrieval of shared information and data has also been made easier under this front.IBM has also recently launched a security testing tool to detect poor links in blockchain deployments which would provide improved data protection and security.