IBM to Help Develop Australian Startups with Blockchain Centre

Melbourne-based Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Centre has announced it is working with IBM to expand the blockchain ecosystem with a program that assists Australian developers and startups to collaborate and build solutions for new businesses.

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Blockchain Centre founder and Blockchain Global CEO Sam Lee said, “It’s great to have IBM see value in the ecosystem we’ve built up over the last three years by engaging global blockchain talent through our centre. With our company’s expanding global footprint and strengthening our collaboration with IBM, we look forward to establishing Blockchain Centres in more locations around the world.”

Established in 2014, the not-for-profit organization offers education, community events and outreach activities. It is also home to more than 15 companies which include some of the most profitable blockchain startups in Australia.

One such venture is Australia’s largest blockchain asset backed exchange, ACX.io, powered by IBM Bluemix Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term infrastructure services. Other resident businesses at the Blockchain Centre include Brave New Coin, Blockchain Edu Foundation and Distributed Technologies Institute.

“Blockchain is a new technology that enables businesses to interact and work together with a lot more trust by empowering organisations to digitise transaction workflow through a highly secure, shared and replicable ledger. IBM is at the forefront of this technology and offers clients the full stack of blockchain solutions to meet their specific industry needs. Through our collaboration with the Blockchain Centre, IBM will continue to help developers and startups build solutions that will solve real business problems across industries and drive innovation,” said Amanda Johnston-Pell, Chief of Startups, IBM Australia and New Zealand.

Background

Blockchain Global have sponsored the Centre’s operations since its launch in 2014. They are Australia’s most well-known blockchain company managing a corporate consulting division, an incubator funding program for new blockchain startups in addition to operating international blockchain auditing and network infrastructure services.

Blockchain Centre Community Manager Martin Davidson said, “These are very exciting times for the rapidly expanding blockchain ecosystem. Our mission has always been to share blockchain education with all members of society by creating a physical space known as a blockchain knowledge and community hub. Blockchain Centre brings together like minded and passionate blockchain enthusiasts and entrepreneurs to collaborate on new blockchain businesses.”

“We are proud to collaborate with IBM as we consider them like us, pioneers leading the blockchain revolution. IBM’s Blockchain Garages are building solutions for enterprise and their support of the Linux Foundation’s open source Hyperledger Project offers the developer community open access and transparency to contribute on numerous blockchain projects and applications across many different industry verticals.”