IBM has revealed a number of upgrades to the IBM Blockchain Platform, most significantly that the next generation of the platform can run on multiple cloud networks, such as Amazon's AWS and Microsoft's Azure. The service was previously only available on IBM's cloud.
The tech giant explained that this new feature means that IBM Blockchain Platform 2.0 allows blockchain participants to operate and provide governance across several cloud networks including those with differing privacy environments.
IBM Blockchain CTO Gari Singh said: "We want to bring on [a] company, but [that company] has a contract with Azure or AWS or Oracle.
"How do we allow those guys to connect up a peer [node] to join the network and how can you support that? Singe asked. "We can now actually leverage all the great things that are in Hyperledger Fabric, and we can support you wherever you need to be. And we can also help to support networks that want to work with IBM, but they have other members that don't."
IBM Blockchain Platform 2.0 also offers a range of developer tools for smart contracts and client applications, including industry code samples and tutorials in addition to more flexible payment options.
"The next generation of the IBM Blockchain Platform is here, it's live, and it is poised to help you build, operate and grow blockchain networks," remarked IBM.