Blockchain Platform Launched in Melbourne

IBM Blockchain Platform has been launched in Melbourne which enabled the local customers to run their application on the company’s cloud. The head of the blockchain for IBM in Australia and New Zealand Rupert Colchester commented, “The nature of having this platform in Australia really facilitates the quick creation of blockchain networks here in Australia.”

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Blockchain Platform Launched in Melbourne

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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