Tech behemoth and IT veteran Giant IBM has filed a patent for a niche Blockchain-powered web browser, which has a peer-to-peer network support. This patent was filed on August 6th at the U.S. Patent and Trademark Office. The browser could possibly store information like visited websites, bookmarks, search terms, cookies, geo-locations and security patch records completely on the Blockchain. In the patent it’s being explained that IBM’s system “records and maintains a record of browser events in a Blockchain using a peer-to-peer network”. The idea is that the privacy of users is completely in the hands of users instead of a third party like Google, which obtains user data from the usage of Google Chrome. While browsing users will be able to set two settings that is personal use and business use. Each browsing mode collects a different set of data. User data can always be obtained with the correct login, which would make IBM’s browser less vulnerable to cyber attacks. IBM’s system will also include a token system. This token system will verify the activities of a user, including generated queries, service execution results, risk assessments etc. This data would be packaged into blocks for the peer-to-peer network. It’s not yet known how and if the browser by IBM will also award users for using their browser. Even though IBM is promising to deliver a token, it remains to be seen whether they will finally make the jump to the much hyped crypto currency market. With Hyper-ledger they already have their own DLT Block-chain project, but it’s a closed system created by IBM itself and provided to its partners.
We all know IBM is a great company and they are doing lots of work in the Blockchain space, but it doesn’t seem likely that IBM’s web browser is going to move away from the philosophy that the company has been keeping since it made its first jump into Blockchain years ago. This is also supported by Redhat which IBM acquired recently to enhance their cloud infrastructure strategy. IBM is hoping for an enhancement in its cloud infrastructure strategy with its €34 billion investment in Red Hat. The core IBM customers don’t necessarily expect it to sell them greatest and true blue technology rather they often envision it as a trusted provider of systems that assist core business operations. Even on the slower tech adoption curve, the customers entrust IBM with their technology decisions. Notably, IBM has Blockchain, Watson for deep learning and a quantum computing roadmap but somewhere the company takes long time for transforming the culture of an enterprise. This however affects both its customers and IBM itself. Blockchain: - Reinvention mode for IBM? From hardware business to software and then as services business, IBM used to be on toes at reinventing itself. With every change, IBM proposes a transformation in traditional set up and gives its staff a chance to evolve their IT functions. Several traditional enterprises have been slow to adopt cloud services and IBM made varied attempts to provide IBM cloud for such customers. The Gartner’s note in its magic quadrant report said, “IBM appeals to its existing customers who have a strong preference to purchase most of their technology from IBM.”IT veterans see the IBM Blockchain as a secure option for Mode 1 IT Other IBM Key Prepositions IBM has a wide array of technologies, insights, relationships and capabilities that can be of humungous value to customer in present and future as well. The four key value prepositions of the company are - It has the most open enterprise cloud technologies - It has a long history in the on-premises world, - It is fresh open-source commitment provides it with hybrid-cloud expertise and - With the help of Red Hat it can make a leader in the market for true multi-cloud solutions. Is Being Cloud Native beneficial for IBM Blockchain Customers? IBM has invested two years of its research and development resources to transform its software portfolio to be cloud native whose capabilities are delivered as pre-integrated solutions known as IBM Cloud Packs. The company’s software’s are now cloud native and possess capability to run on public or private clouds wherever clients need it. The cloud native shifts boil down to organizations need to innovate at a high speed while staying competitive. At the core of IBM, cloud native is introducing new value to end users by implementing the benefits of cloud computing and thus simultaneously revamping Blockchain as well. Customer’s desire for flexibility in how and where they develop and deploy their respective applications in IBM has optimized its software portfolio to run on any cloud with Red Hat Open Shift. Moreover, IBM facilitates its clients with ability to develop mission-critical applications once and execute them anywhere, anytime. Get the best out of IBM Software, Sales and Consulting starting today.