Deploying IBM Blockchain on IBM Bluemix

Mar 1, 20171 like451 views

Explore the benefits of IBM Blockchain for decentralized and trusted controls. Decentralized and trusted processing of real-time transactions can speed up your business processes! Learn how to deploy both test and production Blockchain environments on IBM Bluemix. Walk through the business needs for the evolving Blockchain technology from the customer perspective. View validations in progress and the health of your peers in the chaincode

Deploying IBM Blockchain
on Bluemix as a Customer
EMT-1580
Chris Miller
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Chris Miller
@IdoNotes on everything
http://www.IdoNotes.com
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This document provides an overview of blockchain technology and different blockchain platforms. It discusses Hyperledger, Ethereum, Ripple, and Bitcoin, comparing their key attributes like governance, currency, mining rewards, and capabilities for smart contracts. Use cases for blockchain in areas like aircraft maintenance and supply chain contracts are presented. The document also outlines IBM's blockchain solutions and services for helping customers explore blockchain applications.

1. ibm blockchain explainedDiego Alberto Tamayo

Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi Nakamoto satoshin@gmx.com www.bitcoin.org Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

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