BlueBarricadeLighting fast blockchain with bank level security
BlueBarricade enhance business using Blockchain in the IBM mainframe architecture. By combining the raw process power of IBM mainframe and the unique algorithm from BlueBarricade we have solved the main challenges for large enterprise use of the blockchain technology – Performance and Security.
Bitcoin, probably the most known application built on blockchain technology today, can process 5-7 transactions per second. Ethereum, another very common platform for executing smart contracts using blockchain, can execute 40-50 transactions per second. This is not enough for the B2B business sector.
BlueBarricade in partnership with IBM can process more than 1000 transactions per second which opens up for a whole range of new enterprise business opportunities using the power of blockchain.
Security is the key. We execute blockchain service inside the IBM mainframe at the “zone 3” level. This means we process the transaction at the same level as the global credit cards transaction – in short it’s super safe.
BlueBarricade is a global embedded partner for IBM and we work with all the IBM Z system certified partners. We provide a range of complementary blockchain consultancy services to secure the best possible business outcome of a blockchain investment.
53% of Fortune 500 companies list Blockchain as one of the top 5 strategic investments
Make Blockchain real for Business
Blockchain is an enabler for a full range of user cases. The key is to do a good initial analysis and benchmark candidate business processes in order to establish which one has the best business outcome.
Single source of truth
Tamper proof (extra security)
Prove Identity & ownership
100+ year architecture
Trust is essential
This is why BlueBarricade have partnered exclusively with IBM. It enables us to assure that the full stack needed for a secure and scalable solution is architecture and provision by the best experts in the world and with application code that is developed and delivered with full service and support.
Jerry Cuomo, VP of Blockchain Technologies at IBM, has stated that security is their top priority and they’ve done everything they can to make this Blockchain service as secure as possible.
To ensure that they prevent unauthorized access by creating a security container for the ledger, they have separated the ledger from the rest of the cloud environment, and they have even added “tamper-responsive hardware”, which will shut itself down if a hacker tries to access the network.