Blockchain based Service: A Case Study on IBM Blockchain Services & Hyperledger Fabric

IBM is one of the world’s leading American multinational technology company, always
innovative and experimenting for new things with constant new trials and hands on different
technologies. The company is recently focused its research and innovation on one of ICCT
underlying technology applications called Hyperledger fabric and blockchain. A business
blockchain presented by Linux foundation is hyper ledger fabric becoming the de facto
standard for enterprise it provides blockchain-as-a-service (BaaS) and lets the usage of
blockchain components any possible business environment with ease. Blockchain has several
edges, together with decentralization, durability, transparency, and audit ability. The IBM goal
is to develop company-ready solutions that address existing technology limitations relating to
privacy, confidentiality, audit ability, performance, and measurability. Proven, scalable, and
built for running on any cloud Simplifies complexness quickly, unlocks new price, and
expands competitive edges. Hyperledger cloth system for companies might be thought to be a
public platform. Within which all transactions committed are held on in an exceeding
blockchain. The chain grows endlessly as new blocks are added. To figure towards a frictionfree
network by facilitating easy functionality this article illustrates Blockchain, IBM
blockchain, Hyperledger fabric its framework, tools, and blockchain-as-a service. The
secondary data was obtained from various scholarly journals and websites. We have analysed
the Hyperledger framework, tools and examined their blockchain services to different
industries using the ABCD analysis framework as a research case study.