Bitcoin News — IBM

IBM Targets Scientific Research in Latest Blockchain Patent

Posted by William Suberg on

A new patent from IBM identifies the need for a blockchain-based science research safeguarding tool.

U.S. multinational IT company IBM plans to use blockchain to aid scientific research and provide a record of its results, a new patent application filed with the U.S. Patent and Trademark Office revealed Nov. 8.

IBM, originally filing the concept in December last year, says it foresees “integrating a blockchain and data collection and analysis for open scientific research.”

The application is the latest in a steadily increasing pile of patents sought by the corporation in the blockchain sector, the most recent award coming last week targeted at augmented reality gaming.

Now, an altogether more technical offshoot addresses what it describes as a lack of platforms offering “requisite controls and mechanisms” to safeguard scientific findings.

“Currently, there are limited platforms that allow for sharing information about scientific research and showing transparent data collection and analysis steps,” the patent application reads, adding:

“Platforms that do exist, lack the requisite controls and mechanisms to allow for trustworthy data, as there are few options for ensuring that data will be resistant to modification.”

More broadly, the science sector stands to benefit in multiple ways from the advent of the technology.

Various attempts have already targeted some aspects of the field, Cointelegraph reporting earlier this year on industry-specific blockchain tools for both pharmaceutical and genomics research data.

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IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing

Posted by Zack Seward on

A patent application from Big Blue hints at a blockchain solution for scientific research.

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IBM and Seagate Launch Blockchain-Based System to Fight Counterfeit Hard Drives

Posted by Marie Huillet on

IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology.

IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology, according to a press release shared with Cointelegraph Nov. 8.

The project will reportedly use IBM’s Blockchain Platform to help manufacturers, integrators, and business partners better authenticate the provenance of hard disk drives.

IBM and Seagate’s solution will work by updating the IBM Blockchain Platform on the IBM Cloud with product authentication data based on Seagate’s security solution Seagate Secure Electronic ID (eID), the latter of which creates a unique identifier at the point of manufacture that can later be used to verify the identity of a given hard drive at any point during its life cycle.

Aside from eID, Seagate will also provide a solution dubbed “Certified Erase,” which:

“Employs cryptographic erasure technology to produce a digital certificate of data purge, which is electronically signed by the device under the Seagate Secure public key infrastructure (PKI) and stored on the blockchain for compliance management with emerging global data privacy laws.”

In conjunction with these two security layers from Seagate, the Hyperledger-powered distributed ledger framework that underpins IBM’s Blockchain Platform is geared to enabling various parties to add or edit blockchain data according to the level of their permissioned access.

As a blockchain platform, all parties — whether they be technology vendors, service providers, or end users — will have access to an immutable record of events spanning the product’s provenance and life cycle.

The multi-pronged solution is expected to help reduce data loss and approve product assurance for consumers, as well as to lower warranty costs incurred by counterfeit products.

Bruce Anderson, global managing director of electronics industry at IBM, has remarked that:

“The ability to […] combine blockchain with advanced cryptographic product identification technology […] signals blockchain’s potential to reimagine the electronics product life cycle management processes. Counterfeit electronics components are a global issue that requires an ecosystem-wide effort to address.”

IBM continues to intensively pursue blockchain technology development, just last week filing a patent for a blockchain-powered system that aims to deter augmented reality (AR) game players from intruding on undesirable locations, thus helping to set and maintain safe boundaries between AR objects and real-world physical locations.

As of Aug. 31, 2018, the tech giant ranked second worldwide in terms of the number of blockchain-related patents filed to date, second only to China’s Alibaba.

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IBM, Seagate Team Up to Tackle Hard Drive Fakes With Blockchain

Posted by Nikhilesh De on

IBM is to use its blockchain platform to track Seagate-produced hard drives as a means to guarantee their authenticity.

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Port Authority of Valencia Joins Maersk, IBM Blockchain Project for Shipping

Posted by Ana Alexandre on

The Port Authority of Valencia has integrated into the blockchain-based TradeLens ecosystem as an “Early Adopter.”

The Port Authority of Valencia (PAV), Spain, has integrated into the TradeLens platform, a blockchain ecosystem jointly developed by IBM and shipping giant Maersk, according to an official announcement published Nov. 5.

Launched in August 2018, the TradeLens platform applies blockchain technology to global supply chains. The product aims to improve trade efficiency and security, wherein all participants of the supply chain, including shipping lines, port and terminal operators, customs authorities and other parties, can interact and access shipping data and documents.

Per the announcement, PAV has integrated into the TradeLens project as “Early Adopters,” meaning that the port will contribute to the platform's early development. Currently there are more than 20 participants in the TradeLens ecosystem.

TradeLens has reportedly already processed 154 million “data-sending events,” such as container shipping, warehousing time, and customs documentation. The platform can reportedly cut shipping times by 40 percent.

The PAV initially announced its plans to create a “smart port” based on blockchain and big data technologies in the beginning of October. Jose Garcia De La Guia, who is responsible for implementing new technologies in the PAV suggested that blockchain could improve logistics on a global scale and help create "ports without papers" and reduce the time spent on maintenance.

Other ports have also made moves to integrate blockchain technology into their operations. Last month, the largest port in Europe, the Port of Rotterdam, partnered with major Dutch bank ABN AMRO and the IT subsidiary of Samsung to test blockchain for shipping. The members of the blockchain trial expect that the technology will help reduce shipping time and simplify financial transactions.

In September, the U.K.'s leading port operator, Associated British Ports, signed an agreement with digital logistics enabler Marine Transport International to develop blockchain for its port logistics. The company reportedly expects that blockchain implementation will reduce time spent on the manual review of scattered data.

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