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News: IBM Launches Security Testing Tool for Enterprise Blockchain Takers

IBM has launched an associate operational version of its in-house security testing tool for blockchain solutions, the association confirmed in a press release on 5th March.

IBM Security’s X-Force Red, the firm’s dedicated security task force, free the X-Force Red Blockchain Testing service so as to tackle remaining inefficiencies in enterprise blockchain deployments.

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“IBM X-Force Red is seeing that 70 p.c of solutions that incorporate blockchain think about ancient technologies for backend processes like authentication, processing and Application Programming Interfaces (API),” the release explains, noted:

“The X-Force Red Blockchain Testing service will evaluate the whole implementation including chain code, public key infrastructure, and hyper ledgers. X-Force Red will also test backend processes, applications and physical hardware used to control access and manage blockchain networks.”

Despite recent criticism from among the blockchain trade, enterprise blockchain has enjoyed important growth in recent years, with IBM noting the trade can be price nearly $10 billion by 2021.

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For the technology to achieve status, however, security should be watertight.

Charles Henderson, IBM X-Force Red’s global head, added:

“While blockchain is a breakthrough for protecting the integrity of data, that does not mean the solutions that leverage it are immune from attackers, which is why security testing is essential during development and after deployment.”

The product gives can tackle areas like identity and access to enterprise blockchain networks, moreover as teething problems such as smart contract flaws.

The company’s own IBM Blockchain suite of tools has additionally seen wide uptake, additionally to partnerships, that on continued within the type of a multi-bank implementation in Japan.

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