IBM Adds Two More Blockchain Patents, One Each for Security And Database Management March 8, 2019 March 8, 2019 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsMarch 8, 2019 by Kelly Cromley

IBM Adds Two More Blockchain Patents, One Each for Security And Database Management

Multinational software company IBM added two more blockchain related patents to its credit, as per the information provided by the United States Patent and Trademark Office. While the first blockchain patent aims to solve network security issues, the other one concentrates on database management.

The first blockchain related patent explains as follows “Securing a data log using monitor security protocols may be accomplished with different levels of security, ranging from low security to high security, and have various combinations of hardware and software configurations.”

“Low security may allow open access to the event logs while high security may significantly restrict access to the event logs. Protecting the monitored system from hackers gaining access to alter the event logs may require a new type of security configuration.”

Coming to second patent, IBM insists that the present database management systems (DBMS) are not effective due to their size and therefore simplicity offered by blockchain solutions could assist in resolving the issue.

The second patent document summarizes as follows:
“DBMSs are typically configured to separate the process of storing data from accessing, manipulating, or using data stored in a database.”

“DBMSs often require tremendous resources to handle the heavy workloads placed on such systems. As such, it may be useful to manage a DBMS using a blockchain database.”

Over the past few years, IBM has introduced a flurry of blockchain tools aimed at enterprise, primarily under its IBM Blockchain project. When it comes to filing blockchain related patents, IBM faces tough competition from the Bank of America, which is already credited with over 50 patents as of October 2018.

A week before, IBM launched its blockchain security testing tool that is designed to identify vulnerabilities in enterprise blockchain installations.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.