VMware Blockchain VMware Blockchain is an enterprise-grade blockchain platform that enables multi-party workflows. It uses advanced techniques such as byzantine fault-tolerant state machine replication, authenticated data structures, and integration with smart contract execution engines to enable customers to build and run multi-party decentralized applications. Key VMware Blockchain capabilities include: Consistency of data in the blockchain and resilience of the system. Maintain privacy and a verifiable single source of truth for all parties to avoid the need to reconcile data. Integration with smart contract languages to allow application developers access to all features and the platform while providing familiar interfaces such as the DAML Ledger API. Operational simplicity around deployment, observation, upgradeability, and supportability. VMware Blockchain Features : Blockchain features ...
The biggest value of blockchain in enterprise storage will be what it enables, not what it is. While it has yet to be fully embraced by the enterprise, blockchain is well poised to change enterprise IT much like open source software did 20+ years ago. Interest is steadily rising, and there is evidence that businesses are starting to investigate how blockchain technology will integrate into their future business goals and objectives. In this post I’m going to dive in to what exactly blockchain is, how it works, how it may be applied in the enterprise storage space, and how it’s already starting to be used in various global industries. What is Blockchain technology? Blockchain is a distributed ledger that maintains a continuously growing number of data records and transactions. It is a chain of transaction blocks built in adherence to a defined set of rules. It allows organizations who don’t trust each other to agree on database updates. Rather than using a cen...