Samsung SDS Reveals Blockchain Accelerator Tech Following Hyperledger Testing

The IT arm of South Korean tech giant Samsung announced it had developed technology to speed up blockchain transactions, the company confirmed in a press release on Feb 14.

Presenting at the ongoing IBM Think 2019 conference in San Francisco, Samsung SDS said its new technology, Nexledger Accelerator, had already passed testing with Hyperledger Fabric.

“In order to improve transaction processing speed, which is a key consideration in applying blockchain technology, Samsung SDS has developed its own Nexledger Accelerator, which can be applied to Hyperledger Fabric,” the press release explained:

“Samsung SDS tested the Nexledger Accelerator in Hyperledger Fabric last December and found that the transaction processing speed was significantly improved.”

For the Accelerator, a dedicated Github repository aims to offer developers tools for testing and expanding the technology via a scheme dubbed “Innovation Sandbox.”

“The intent is to enable blockchain developers to run it to see how many performance benefits they can expect in reproducible ways,” Samsung SDS said in the press release.

SDS added it would also be joining the IBM Blockchain Platform Board.

Hyperledger is an open-source enterprise blockchain solution developed by the Linux Foundation. The technology has seen participation from and deployment among major players, including IBM, over the past two years.

Samsung first debuted its Nexledger product, itself an enterprise blockchain platform, in April 2017.

Related:

  • No Related Posts

Intel announces new product to accelerate blockchain deployment

Intel is seeking to make it easy for organizations to deploy blockchain technology with its new Intel Select Solutions offering.

In a solution brief published earlier this month, the company has unveiled “Intel Select Solution for Blockchain: Hyperledger Fabric.”

Hyperledger Fabric provides a foundation for developing applications and solutions with a modular architecture.

Intel noted that organizations considering integrating blockchain face a number of challenges including deployment complexity, infrastructure overhaul, choosing the best platform for their business models, and scalability.

“To help address these concerns, the Intel Select Solution for Blockchain: Hyperledger Fabric provides a verified, tested solution…that simplifies blockchain deployment on Hyperledger Fabric and adds modularity and enterprise-grade privacy for organizations seeking to build blockchain solutions,” it said.

The product will use the Intel Xeon Scalable processor platform, Intel SSDs, and Intel Ethernet Network Adapters. It will help enterprises to optimize price and performance while significantly reducing infrastructure evaluation time.

“When organizations choose the Intel Select Solution for Blockchain: Hyperledger Fabric, they get a pre-tuned and tested configuration that is workload-optimized and proven to scale so that IT can deploy blockchain solutions quickly and efficiently with less tuning,” the document read.

Last November, Microsoft released a serverless Azure Blockchain Development kit. More recently, IBM launched its own Hyperledger-based blockchain platform, Cointelegraph reported.

Related:

  • No Related Posts

Why Intel, Microsoft Azure And Hyundai Embrace Hyperledger Fabric

Hyperledger Fabric provides a modular architecture to a foundation for developing applications and solutions. Container technology is used to host those chain code: smart contracts which are used to compose the application logic of the system with the main aim to implement the modular architecture. It enables components like consensus and membership services to be plug-and-play.

Challenges such as centralization, manual processes, and lack of trust can lead to slower transactions and more business expenses and Blockchain technology provides a way to resolve these challenges. It helps transactions with transparency, privacy, anti-tampering protections, and traceability that reduce costs and improve efficiency in results.

Intel® Select Solution for Blockchain: Hyperledger Fabric is created to address concerns such as deployment complexity, infrastructure overhaul, the best platform selection for relevant business models and scalability. A verified and tested solution is based on high-performance Intel® Xeon® Scalable processors and reliable Intel® Solid State Drives (SSDs) and it provides the solution in order to simplify blockchain deployment on Hyperledger Fabric along with the addition of modularity and enterprise-grade privacy. It helps reduce infrastructure evaluation time along with the optimization of price and performance.

It combines the Intel Xeon processor Scalable family, Intel® 3D NAND SSDs, and the Intel® Ethernet 700 Series in order to provide a quick reliable blockchain solutions deployment to businesses. It also combines the Intel Xeon Scalable processor platform, Intel SSDs, and Intel® Ethernet Network Adapters in order to empower enterprises with the main aim to harness reliable and comprehensive solutions. The solutions can allow their organizations to prepare future blockchain infrastructure investments with scalable storage and computation, generate an excellent total cost of ownership (TCO) with general-purpose hardware, and use a turnkey solution with a rich development toolset in order to accelerate time to market. It is available in a “Base” configuration which specifies a minimum performance requirement capability for themselves, The Official website of Intel reported.

The open-source blockchain platform Waves has partnered with an open, flexible, enterprise-grade cloud computing platform Microsoft Azure in order to enable developers to create their own smart contracts on both public and private ledgers. Microsoft has built solutions with Hyperledger Fabric, Ethereum, and Corda with the main aim to contribute to this partnership, BTCmanager reported.

The South Korean multinational automotive manufacturer Hyundai has partnered with IBM in order to work on blockchain technology and Artificial Intelligence (AI). Hyperledger Fabric is basically used to develop a new supply chain finance ecosystem in order to provide Hyundai Commercial with leasing and financial services. The main purpose of this partnership is to expand financial services business, improve worldwide customer experiences, automate manual processes, save money, reduce lead times and secure transactions of this multinational manufacturer, PR Newswire reported.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]

Related:

  • No Related Posts

Chris Ferris on how IBM has led the way in open technologies and

Few people have been more involved in the evolution of open source and open standards technologies than Chris Ferris. The IBM Distinguished Engineer and CTO of Open Technology has been an enthusiastic proponent of open governance for two decades, and was instrumental in IBM’s efforts to take a leading role in developing and promoting open technologies. Chris recently sat down with IBM Developer’s Kevin Allen to discuss IBM’s role in the evolution of open technologies, including Hyperledger. What follows are some key portions of that conversation. (Watch the entire interview here.)

Chris Ferris

Kevin Allen: What are some of the things that you learned early on that have bridged your career — the keys to creating, maintaining, and having successful open source communities?

Chris Ferris: I recognized early on that doing anything in a sort of a closed, proprietary manner in terms of developing software was a losing proposition. It’s a slower process, you are limiting your innovation to the people that you have, and so forth. And what I was perceiving was that when things are developed out in the open, they just exploded. They would develop an order of magnitude more quickly, and then you’d have this blossoming ecosystem of sub-projects, related projects, tooling, and so forth that would develop around them … that’s what really what brought me to IBM — I was invited to bring some of that appreciation to IBM, to help IBM sort of get it, to be more involved and to take this beyond just the things that we were doing around Java and XML, and apply that pretty much across the board.

[Around 2010], inside IBM we had six independent, non-interoperable, prototypical virtualization platforms, and we were thinking this could become cloud. The problem is we had six of them, they were all different business units, they were competing against one another. So that was when I started looking at open source as being an answer to what we were doing, and we started looking around at some of the various projects, and that led me to OpenStack. At the time, OpenStack was still very young, it was fairly immature from a software development perspective — but you could tell that there was something special about it, and it was the community that really was what attracted us to the technology platform.

KA: OK, so you were able to start to use OpenStack as a way to articulate our cloud story, and to make a cohesive offering?

CF: So we thought about this. We could take these six non-interoperable, non-workload-portable implementations and try to consolidate them, unify them into a single, coherent offering of an IBM data center virtualization/private cloud kind of a solution. Or we could adopt for this emerging technology in OpenStack that seemed to be garnering both a community of dedicated developers and interest from a large number of vendors — and make a go of that. And so we managed to convince the business that the right thing to do was to start new. And that helped significantly to transform IBM from a closed, proprietary software development shop to one that was really fully embracing open source, and I think that was a nice turning point for IBM.

KA: How did you get from OpenStack to starting to work on Blockchain?

CF: So OpenStack then led to CloudFoundry. We [saw that] this Platform as a Service was going to be an important aspect of what we deliver … We had the beginnings of a cloud, but where developers were moving was beyond just provisioning VMs and deploying things into a virtual machine context, to wanting to just focus on the application development, not so much on the infrastructure details. So we started looking around and we saw CloudFoundry, and we said again, another really good opportunity. And so I worked … to help establish the CloudFoundry Foundation. So now I’ve got a reputation inside of IBM: I know how to sort of get these communities up off the ground and engage IBM in them and ramp up our contributions and so forth into those, build a community, build an ecosystem, and so forth.

So fast forward to 2015 … we’d been exploring Ethereum and bitcoin and a lot of the lightning and sidechains and various other things, but none of them seemed suitable for the enterprise. And so we started to build our own proprietary blockchain technology. [IBM Vice President of Blockchain Technology Jerry Cuomo], in his infinite wisdom, felt that if this is going to be successful, it can’t just be IBM. It has to be open source. And so I said we should definitely open source it. Again, a technology that’s intended to be essentially ubiquitous has to be open source. If it’s going to be successful, it can’t just be IBM. So I worked with the Linux Foundation because we had worked very closely with them most recently on CloudFoundry and Node.js and a few other projects — and that’s how Hyperledger began. I approached them with a proposal and we built a set of initial sponsors and formed the governance model, and the rest is history. We’ve grown nearly tenfold since the launch in February of 2016. So I think an impressive start. It’s actually the fastest-growing community at the Linux Foundation of all time.

KA: So how does someone get involved in Hyperledger, specifically?

CF: Basically if you go to Hyperledger.org, there’s a number of different pages and then a number of different tabs. One of them is “Projects.” We now have 12 top-level projects, five of which are blockchain frameworks, and then we have some tooling and so forth to go with those. So I would start there.

Related:

  • No Related Posts

New “Intel Select Solution For Blockchain: Hyperledger Fabric” Launches To Rival Microsoft And IBM

Intel-Launches-Commercial-Blockchain-Product-Based-On-Hyperledger-Fabrics-Tech

Intel Launches Commercial Blockchain Product Based On Hyperledger Fabric’s Tech

Intel, a member of the Hyperledger collaboration alliance, has launched a new commercial blockchain package which will use Hyperledger as a basis, marketing materials from the company affirmed. The company has announced that this brand new product, named “Intel Select Solution For Blockchain: Hyperledger Fabric”, will be targeted for businesses that want to set up blockchains easily.

This new product will use Intel hardware (as expected) but all the software will be made on top of the Hyperledger technology. Xeon processors and Intel Ethernet Networks Adaptors are expected to be used on the product.

Intel declared that the system will use two Xeon processors with 10 cores each, 96 GB of RAM and a 240 GB SSD boot drive, as well as 1 TB of data for storage.

According to Intel, the main goal is to offer a solution that will have the bare minimum to launch a Hyperledger-based blockchain on your own. This will help companies to take the project off the ground fast. At this point, the clients can only use the basic configuration in order to access the product, but more options will appear in the near future.

This product will be “scalable”, although a private blockchain would not need so much scaling as a public one may need. The solution appeared at a good time since there are many companies now that are quite interested in this kind of technology.

Recent surveys reveal that most companies are still interested in blockchain solutions, but some of them are not quite ready to create their own, so having a product like this can definitely help and will bring Intel an important share of this market.

Hyperledger Fabric Is Being Widely Used

Not only Intel is using or creating solutions based on Hyperledger Fabric technology. Many companies, most notably IBM, are already using this technology as well.

IBM has launched its platform last year on Melbourne, Australia. The idea is to allow the customers of the company to run their own apps using the cloud systems of the company.

Also, the company is also set on using the blockchain for several other projects. One of them is an Internet of Things (IoT) project that will be implemented to manage the use of groundwater and solve drought issues in the United States, most notably in California, which has severe drought problems.

Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Price Analysis Watch (Feb 13th)

Related:

  • No Related Posts

Intel Launches Commercial Blockchain Package Based on Hyperledger Fabric

Intel has launched a commercial blockchain package based on the Hyperledger ecosystem, according to marketing materials published on Feb. 12.

Intel, which is a member of the Hyperledger collaboration — hosted by the Linux Foundation along with IBM and other major financial institutions — has announced that its new product is designed for businesses that want to launch their own blockchain fast and effectively.

The ecosystem will be based on the Hyperledger Fabric — a foundation for developing applications or solutions with a modular architecture. At the same time, the product will use Intel’s hardware, such as Xeon processors and Ethernet Network Adaptors.

The system has the base configuration that contains the necessary minimum to launch a Hyperledger-driven blockchain. According to Intel, the pack is enterprise-ready.

As Cointelegraph reported earlier this week, other tech giant IBM has also launched its own Hyperledger-based blockchain platform in its data center located in Melbourne, Australia. The move will reportedly allow customers to run their applications on the company’s cloud.

Furthermore, IBM announced a project this month using blockchain and the Internet of Things to manage the use of groundwater and thus combat drought in the United States state of California.

Microsoft also released a blockchain-development kit back in November 2018. The kit is a serverless solution dubbed Azure, which contains features like off-chain identity and data, as well as monitoring and messaging application programming interfaces (API) in a format that can be used to develop blockchain-based apps.

Related:

  • No Related Posts

Intel takes on IBM and Microsoft with its own ‘off-the-shelf’ blockchain packages

Intel is expanding its blockchain offering even further to make it easier for businesses to get into the blockchain game.

According to marketing materials published earlier this month, the computer hardware and infrastructure manufacturer has launched what it’s calling ‘Intel Select Solution for Blockchain: Hyperledger Fabric.’

Under the surface this actually isn’t a change to Hyperledger, Intel‘s blockchain software, rather it’s a set of ready-made packages of hardware and software infrastructure to sell directly to businesses.

Consider it a sort of “commercial-grade off-the-shelf” option.

These solutions are, to no surprise, built on Intel hardware. Devices like Intel‘s Xeon Scalable processor platform, Solid State Hard Drives, and Ethernet Network Adaptors are all packged to help businesses get their blockchain off the ground as quickly as possible.

At this point in time, there’s only one configuration available: the Base Configuration. This setup is basically the bare minimum that Intel recommends to run its Hyperledge Fabric software.

In terms the average techy should understand, the system has two Xeon processors with 10 cores, a piece, 96GB of memory, a 240GB SSD boot drive, 1TB of data storage, and 10Gbps networking.

Intel claims all of this hardware is scalabale. Although in this context, scalable just refers to the upgradeability of the server, which isn’t unusual for enterprise solutions like this.

It should be noted that the scalability challenges of private permissioned blockchains like this are somewhat different to the challenges faced by proof-of-work blockchains.

In Intel‘s case, Hyperledger Fabric-based solutions only need to be scaled when they can no longer keep up with resource demand. The solution is quite simple: add more resources like processors, RAM, or more network bandwidth to satisfy demand.

Hard Fork contacted Intel to further understand this offering, and its associated costs. We will update this piece as we learn more.

Blockchain in business

It’s been clear for a while that businesses are taking quite an interest in blockchain tech. Deloitte conducted a survey last year of businesses and decision makers from around the globe and found that sentiments are decidely pro-blockchain.

Indeed, further findings from market research firm Juniper found that, last year, two-thirds of businesses were looking to deploy blockchain. In this instance though, companies were most keen on IBM’s blockchain offering, with Microsoft‘s blockchain coming up in a distant second place.

With so much corporate interest in blockchain there is a lot of money to be made by offering solutions that are quick and simple to deploy, future proof, and easy to understand.

It certainly seems like Intel is trying to use this strategy to cut itself a share of the market with its easier to understand pre-made blockchains.

Published February 13, 2019 — 14:07 UTC

Related:

  • No Related Posts

IBM releases its blockchain main net in Melbourne, Australia

As per the recent article published, IBM has launched a new blockchain main net out of its data center situated in Melbourne, Australia. This new release will supposedly let their clients run their submissions and requests on the company’s cloud.

The policy will also be obtainable through the information center in Sydney by the end of March, with the head of consulting and blockchain practice leader for IBM in Australia and New Zealand Rupert Colchester statting that the reason for an instant place is mainly for convenience and joblessness. In September of last year, Australian real estate major Vicinity announced it will trial a blockchain solution for its energy network. Through a partnership with Australian energy tech company Power Ledger, the trial became a part of Vicinity’s $75 million solar energy program in Castle Plaza — a mall located in Adelaide, South Australia. Additionally, with the establishment of physical infrastructure, customer data will not have to cross borders and would provide security for regulated applications in government and financial services. Colchester said, “Customers who are deploying blockchain applications have reached a maturity of projects that require the data to be stored in Australia.

The IBM platform has been created on Hyperledger Fabric. Hyperledger is a development that aims to recover cross-industry blockchain machinery that is presented by the Linux Foundation. Having the corporeal substructure in-country also means that information never crosses corporal boarders, with Colchester noticing this offers the security needed for extremely controlled requests, chiefly from government and monetary services. The best description of Hyperledger is a hub for open blockchain development for industries and enterprises. The developers of Hyperledger see blockchain as a technology influential enough to compare it with web technologies and want to use it for the development of blockchain-based operating systems for marketplaces, micro-currencies, digital communities and data-sharing. Zealand Rupert Colchester mentioned the reason for a second location is largely for accessibility and severance.

“By its very nature, it’s a blockchain so often ledgers are running in various locations and the request for two is through customers and consumers in this layout wanting to have high obtainability in the event of stoppage and the like,” he told ZDNet.

On Jan 31, IBM completed a blockchain-based trial in which it shipped 108,000 official oranges from China to Singapore, thus IBM has been vigorously increasing its use of blockchain technology. The technology allegedly reduced form-filling handling and charges for the shipment.

The company even recently announced that a project expending blockchain and the Internet of Things (IoT) to the battle dearth in the United States state of California is underway. IBM Research and sensor tech provider SweetSense collaborated with the University of Colorado Boulder and the non-profit Freshwater Trust to use blockchain and IoT to achieve the use of groundwater.

Colchester sated that blockchain is pretty much active across many industries in Australia; he also stated that companies in Australia have a progressively good grip on where blockchain is appropriate.

It is predictable the Australian National Blockchain will allow companies to numerically accomplish the development of a contract, from negotiation through to signing, and ongoing over the term of the contract.

Related:

  • No Related Posts

Poste Italiane Blockchain Initiative to Improve Process Efficiency

With the success of Hyperledger, it is no surprise that The Italian Post Office decided to join forces with the consortium to further its blockchain agenda.

Poste Italiane Blockchain Journey

Post Italiane has been seeking to modernize its services and improve its overall operations. Its participation in the Hyperledger initiative is laying the groundwork for the agency’s Deliver 2020 Business Plan. This plan mentions the adoption of emerging technologies as a critical aspect of improving the postal group efficiency. Although there hasn’t been any announcement yet, the work with Hyperledger could eventually allow for the development of Post Italiane blockchains; these protocols like many Hyperledger DLT products could be custom fit for solving specific logistics and supply chain problems.

Speaking on its collaborative efforts with Hyperledger, Mirko Mischiatti, Chief Information Officer for Poste Italiane had this to say:

“Poste Italiane wants to actively participate in this new and exciting community by becoming a member of Hyperledger in order to continue its path for the innovation and modernization of financial, logistic and insurance industries. We really look forward to working with other members and making our effort to contribute for the enhancement of blockchain technology.”

Poste Italiane isn’t alone

The success of the Hyperledger hub has seen it grow into a blockchain driven community with input from big names aside from Poste Italiane like IBM, Huawei, Intel, Deloitte, JPMorgan, and American Express. Also, another postal service, Swiss Post announced last year that it was working with popular Switzerland-based telecom provider, Swisscom to develop private blockchains based on Hyperledger protocols. This partnership also highlighted the preference of private blockchains by many institutions over their public counterparts.

The merit of developing private blockchains was explained in a statement by Swiss Post:

“In contrast to “public blockchains” (that use proof-of-work), this private blockchain infrastructure requires much less energy, since it can only be used by identified users who have a contractual relationship with the providers of an application. This enables more efficient agreement procedures as well as significantly higher security and performance.”

Hyperledger is only scratching the surface

With numerous endorsements and global adoption of its blockchain protocols, the Linux Foundation Hyperledger is becoming a force for the advancement of blockchain and other similar emerging technologies. Hyperledger has recently announced a new platform dubbed Hyperledger Grid, a framework solely focused on providing reusable tools for companies seeking to develop supply chain and logistics solutions. IBM is also closely working with Hyperledger to complete its agricultural supply chain platform called IBM Food Trust which will be adopted by Walmart later this year for tracking food provenance as it moves through its supply chain. Food Trust is touted as a platform that will help improve trust in the agriculture industry and prevent food-borne disease outbreaks.

Blockchain is already going mainstream and with Hyperledger push for further development within this niche, there will be even more adoption by other multinational companies who are looking to stay ahead of the curve by making their products/services more efficient and trustworthy. Transparency is the currency of the future in supply chain management and Hyperledger blockchain protocols are helping supply chain and logistics companies to operate in this new digital era.

Tags: HyperledgerIBMIBM Food TrustPoste ItalianeSwiss PostSwissportDavid Akilo
David is a professional writer and blockchain enthusiast who caught the blockchain fever three years ago and has never looked back since then. His genuine interest in this emerging technology combined with his writing prowess allows him to create unique and engaging blockchain content.

  • Twitter
  • Email
  • Previous ArticleLeading Spanish Port Authority Joins IBM-Maersk TradeLens

    Related Stories

    Leading Spanish Port Authority Joins IBM-Maersk TradeLens

    Leading Oil Company and IBM Piloting Blockchain Accounting System for Oil and Gas Sector

    Leading Asian Terminal Operator Joins TradeLens Blockchain Initiative

    Post a Comment