IBM and Tata Partner with Hedera Hashgraph to Build a Libra and Ethereum Lookalike

The race for Blockchain implementation by companies is getting more and more demanding. The last day saw significant progress made by Communications and IMB. The two Tech joined the governing council of what could be one of the most successful blockchain projects of this decade – the Hedera Hashgraph. Owned by […]
Source: bitcoinwarrior
IBM and Tata Partner with Hedera Hashgraph to Build a Libra and Ethereum Lookalike

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Tech Giants IBM and Tata Communications Join the Hedera Hashgraph Governing Council

Coinspeaker
Tech Giants IBM and Tata Communications Join the Hedera Hashgraph Governing Council

In a major breakthrough development, IBM and the Communications group of India have officially joined the governance council of Hedera Hashgraph. Hedera Hashgraph is a public network similar to blockchain specifically designed for businesses and enterprises.

Just a year ago in August 2018, Hedera raised a whopping $124 million for future developments, despite a massive slowdown in the crypto market. The Hedera network is backed by some of the industry giants like hedgefund BlockTower Capital and the Digital Currency Group.

Hedera plans to have a total of 39 members in its governing council. Apart from the latest entrants like Tata and , some other big members include Deutsche AG and Nomura Co Ltd. Speaking to CoinDesk, Hedera CEO Mance Harmon said:

“Our goal is to create the most decentralized governing body of any of the major public platforms. We’re covering multiple industries … and we’re wanting global coverage.”

Hedera’s Distributed Ledger Technology (DLT) works differently compared to other blockchain networks. The Hedera network supports distributed file storage along with micropayments and smart contracts. In the future, it also plans to support the merging of the private network into public and take the benefit of its transaction ordering mechanism.

Adding Feather to Its Cap

With giants like IBM and Tata partnering with Hedera, the Hedera project will get a huge boost. Besides, IBM notes that Hedera’s unique ability to unify private and public network is of key interest to them. IBM says that it will use this feature to create trust in the company’s Hyperledger Fabric networks.

In his turn, Bryan Gross, principal offering manager of the IBM Blockchain Platform, noted:

“The most exciting part is the proposed Hedera Consensus Service. It has the potential to provide the core innovation of proof-of-work blockchains, like bitcoin and ethereum, without the performance and privacy trade-offs that are typically associated with these networks.”

Adding to it, Hedera chief Harmon said: “Hedera Consensus Service makes it possible for Hyperledger projects out there to use the service to put transactions in order and eliminate the need for them to stand up nodes for transaction ordering, and they get the trust model of a public network”.

Harmon thinks that with major giants like IBM and Tata joining the Hedera network will help in its further decentralization. The Hedera governance as such includes many checks that prevent any sort of power centralization taking place. The council members have an equal say in setting up policies for the network as well as approving updates to Hedera’s codebase.

Tech Giants IBM and Tata Communications Join the Hedera Hashgraph Governing Council


Source: coinspeaker
Tech Giants IBM and Tata Communications Join the Hedera Hashgraph Governing Council

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IBM And Indian Telecom Firm Tata to Become Part of Hedera Hashgraph’s Governing Body

Technology and the company Communications have announced that they would be a part of the Hedera Hashgraph, a blockchain network that was created for enterprises. The blockchain network has affirmed that the presence of these two companies is set to decentralize even more control of the company. At the […]
Source: bitcoinexchangeguide
IBM And Indian Telecom Firm Tata to Become Part of Hedera Hashgraph’s Governing Body

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IBM, Tata Become First Big Techs to Back Hedera Hashgraph Blockchain

and Communications have joined the governance council of Hedera Hashgraph, a blockchain alternative for enterprises.
Source: worldnewsoffice
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IBM and Tata Become Governing Council ‘Owners’ of Hedera DLT Platform

and Communications have joined the governing council of Hedera in a “powerful endorsement” of its hashgraph consensus mechanism


Source: cointelegraph
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IBM Files Application for Privacy-Focused Blockchain Web Browser

Coinspeaker
IBM Files Application for Privacy-Focused Blockchain Web Browser

IBM Corporation, the global technology firm, has made quite a few moves with several blockchain projects and partnerships across different industries and sectors. Now, the has filed an official patent with the United States Patent and Trademark Office (USPTO), for a blockchain-based web browser.

According to the application filed on the 6th of August, the browser will be based on a -to- network. The filing suggests that the browser will collect some specific data from browsing sessions and will then move said information through several nodes, for storage on the blockchain.

The publication also states the kind of information the new browser is to collect and store. Some of these include site history, geolocation, security patches, cookies, specific tabs, access method (web or mobile) and a few others. This information and many more can be transferred to the blockchain as it is being gathered.

The system will also allow a verified user to easily access any and all of the information that has been stored on the blockchain, from any device, anywhere in the world. This will be especially useful in the event that a user’s computer is breached as the said user would not have to worry about any loss.

The application also mentions an enhancement on security that sees authorization being ensured via a token system. These tokens would also range in their capacity, to ensure specific usage in different use cases. then further allays any fears of data breaches or privacy in the patent. Regardless of the nature of the web browser – allowing potentially sensitive data to be transmitted – the filing suggests that advanced scan detection will be run perpetually. also suggests that artificial intelligence (AI), may be applied.

The text of the patent reads:

“The detection or prediction of a privacy or security breach may be based on real-time advanced vulnerability scanning and malicious intent detection algorithms (including learning based methods).”

It also adds that all information including limitations of privacy will directly be decided by the user and no other parties. According to it, “…the present invention affords a system for storing browsing information such that privacy is preserved and places privacy in the “hands of a user” rather than a third party.”

IBM’S Blockchain Endeavours

IBM is no stranger to the blockchain sector and has repeatedly supported several related projects in the past. Months ago, the Volkswagen Group announced that it would be using a new permissioned platform powered by IBM’s Blockchain, to effectively track and improve on its supply chain.

Also, a few days ago, a partnership between IBM and a blockchain company, Chainyard, was announced. This was also to increase supply chain management with the creation of a network called Trust Your Supplier. The network comprises other big firms including Nokia, Lenovo, Anheuser-Busch InBev, Vodafone, GlaxoSmithKline, Cisco and Schneider Electric.

IBM Files Application for Privacy-Focused Blockchain Web Browser


Source: coinspeaker
IBM Files Application for Privacy-Focused Blockchain Web Browser

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IBM, Tata Become First Big Techs to Back Hedera Blockchain

and Communications have joined the governance council of Hedera Hashgraph, a blockchain alternative for enterprises.
Source: coindesk
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IBM Recently Registers a Patent for Blockchain-Based Web Browser for the Peer-to-Peer Framework

IBM Recently Registers a Patent for Blockchain-Based Web Browser for the Peer-to-Peer Framework submitted by /u/pacinothere
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Source: CryptoCurrency
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Tech Behemoth IBM Files for a Blockchain-Enabled Web Browser Patent

American technology has filed for a blockchain-enabled web browser patent


Source: cointelegraph
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As per an all new patent submitted by earlier this week, the multinational company is looking to create its very own blockchain-based web browser that will make use of a -to- network to store and collect customer information. From a technical standpoint, we can see that the browser is designed to acquire certain […]
Source: bitcoinexchangeguide
Tech Giant IBM Files for New Blockchain Patent Regarding a Web Browser

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