IBM enters the world of blockchain

IBM and blockchain

This blockchain has gained this far earlier. About four years ago, IBM created an entire department to deal with blockchain technology. It was about creating a department with nearly 1,500 employees. But according to IBM's Block Manager, Marie Wieck, they still do not have enough people.

"We still do not have enough people to fill all positions. Blockchain technology is currently still incomprehensible and so the number of people involved in this topic is still low. "

According to her, more and more people are particularly interested in the first mention of the blockchaine, about Bitcoin. But most people think Bitcoin = Blockchain, which is certainly not true. According to Marie Wieck, however, blockchain can offer much, much more than Bitcoin offered or cryptocurrency.
New Project - Hyperledger

IBM has entered the market with only one question: Is the blockchain the next generation of transaction systems? Marie Wieck also thinks that the blockchain may be a response to the financial crisis in 2008.

"If you look closely at the history of the blockchain, you will find it a perfect answer to the financial crisis in 2008."

However, IBM will try to use the blockchain to the full with the Hyperledger project. IBM and Linux have been collaborating for almost a year and a half on the new Hyperledger project. More than 200 members have the task of driving this project and solving some of the biggest challenges faced by the blockchain itself.

Hyperledger should, for example, solve the problem with the Proof-of-work concept. Marie Wieck thinks PoW consumes too much energy to be interesting for IBM itself. Therefore, they seek to find another method that is more environmentally friendly.
conclusion

No wonder that blockchain attracts attention even to companies like IBM. More and more people and companies are aware of what they can offer. That is why the Hyperledger project was created. However, this topic is a separate article. However, if you are interested in this project, do not hesitate and write us in the comments and we will try to process this topic for you.