|Exam Name||:||IBM Optim Implementation for Distributed Systems (2009)|
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000-551 exam Dumps Source : IBM Optim Implementation for Distributed Systems (2009)
Test Code : 000-551
Test Name : IBM Optim Implementation for Distributed Systems (2009)
Vendor Name : IBM
Q&A : 122 Real Questions
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Multinational computing big IBM is adding to its arsenal of blockchain patents with a new implementation to control records and interactions for self-riding vehicles (SDVs). The patent was published by way of the U.S. Patent and Trademark office on April 2.
IBM — which has, according to the documents, prior to now filed extensive patents for quite a lot of inventions involving autonomous cars — outlines that a blockchain device might readily enhance SDV configurations by way of enabling for effective privacy and information validation.
The context for potential blockchain implementation can be a device in which an SDV interacts and predicts the habits of the drivers of non-autonomous motors neighborhood.
The patent first outlines the numerous parameters that can be used to assess regional drivers’ habits, the use of a big selection of sensor technologies, and the way these may also be used to optimize chance evaluation according to the predicted and the genuine maneuver of local automobiles/drivers.
“watching, detecting, and sensing of the driving force behavior statistics can be accumulated through the in-automobile sensors of the driver's automobile in actual-time and uploaded onto a cloud information hub, particular [...] as a Mobility assistance Hub (MIH), to which the SDV can subscribe to,” the patent outlines.
IBM proposes that blockchain can enhance this complex building and precise-time use of environmental analytics and prediction fashions by using enabling full statistics functionality, while maintaining the privacy of others.
in line with IBM, sensor records can be logged into a blockchain gadget in which public key infrastructure (PKI) is used to generate “the appropriate public-deepest pair associate to each and every SDV/driver, wherein each facts importing or having access to transaction is cryptographically signed the usage of private key.” The patent notes that the gadget would handiest allow licensed entities to access the records.
The patent outlines how an SDV can then entry the predicted habits of the regional drivers in real-time with the aid of capability a blockchain client utility — by way of scanning, as an instance, a nearby registration code number.
As previously reported, American car manufacturing giant standard Motors has additionally filed its personal blockchain patent for an answer to control facts from self sustaining vehicles.
An analysis of blockchain-linked patents filed by means of August 2018 printed that IBM became very nearly neck-and-neck with China’s Alibaba when it comes to the optimum variety of such patents filed by means of any world entity. The tech huge has additionally persevered to pursue numerous new blockchain patents in 2019.
Albertsons Cos. LLC and IBM Corp. introduced these days that they’re seeking to improve the defense of sandwiches and salads by way of piloting a software in an effort to song romaine lettuce with dispensed ledger blockchain expertise.
The blockchain-primarily based IBM food have confidence network will supply the carrier to Albertsons so it may track bulk heads of romaine, which turned into implicated in a recent E. coli an infection outbreak, from farms to shop shelves.
A blockchain is a database of records that uses cryptography and large distribution to make sure the veracity of records after it is stored. as a result, it can also be used to authenticate and trace transactions or gadgets as they flow via a deliver chain together with vital advice. this may encompass origin, packaging date and time, transport times, temperatures and any number of different facts features critical for food safety.
subsequently, situations of total crops from harvest to packaging will also be traced and tracked. If anybody batch is found out to be contaminated, different batches from the equal facility can be rapidly pulled and demonstrated or without problems recalled from shop shelves.
The system can even be used to check certifications comparable to biological or fair trade labels, cut back deliver chain waste and permit improved sustainability via greater efficient processing and transport.
“seeing that first introducing IBM food believe, we have met a number of milestones that demonstrate the direction toward transforming the conclusion-to-end food gadget,” said Raj Rao, regular supervisor at IBM food have faith. “these days, we're extra scaling the network to bring blockchain-primarily based traceability to an excellent wider cross-component to agents, suppliers and conclusion buyers. by means of working with the accurate sellers in every single place the area, we're really helping to provide a safer and greater clear meals system for all.”
The expertise of IBM meals have confidence is already being used to make the end-to-conclusion meals give chain for farms and marketers safer and extra transparent. In October, IBM partnered with Golden State meals, McCormick and Co., Nestlé, Tyson foods and Wal-Mart retailers Inc. and others in a meals safeguard consortium that uses blockchain technology to boost food security. seeing that closing year, IBM food believe has elevated to greater than 50 brands.
Albertsons, which operates virtually 2,300 retailers across the united states, will begin piloting the blockchain community to song romaine lettuce out of 1 of its distribution centers. After that implementation is comprehensive and checking out underway, the business expects to extend the venture to explore masking other meals categories. Albertsons plans to use the pilot to overcome limitations concerning the monitoring and keep in mind of romaine, which can affect different items in a similar way.
“numerous high-profile client advisories from the centers for disorder control and Prevention and the food and Drug Administration show the deserve to find more effective approaches of tracing products and identifying probably sources of infection in a well timed manner,” talked about Jerry Noland, vp of meals safeguard and high-quality Assurance at Albertsons organizations. “subsequently, retailers are exploring new technologies to enrich the infrastructure that underpins the global food deliver chain.”
within the u.s. on my own over 48 million americans get in poor health each yr from foodborne illness, in keeping with CDC estimates, and of those people 128,000 are hospitalized and three,000 die. meals distributors, retailers and IBM are committed to helping in the reduction of these numbers and consider blockchain pilots such as IBM food have confidence and blockchain expertise could be part of that answer.
“Blockchain expertise has the knowledge to be transformational for us as we further build differentiation on our fresh brand,” stated Anuj Dhanda, chief information officer at Albertsons. “meals safety is a very gigantic step, although the provenance of the items enabled by way of blockchain, the potential to music each flow from the farm to the client’s basket, may also be very empowering for our purchasers.”photo: Pixabay since you’re right here …
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Use of IBM Watson for scientific Trial Matching Expands health Quest's Use of AI
ARMONK, N.Y. and LAGRANGEVILLE, N.Y., March 21, 2019 /PRNewswire/ -- health Quest methods Inc., a four-medical institution fitness equipment operating in big apple's Hudson Valley and northwest Connecticut, and IBM Watson fitness (NYSE: IBM) have entered an contract which will leverage the energy of synthetic intelligence (AI) with the purpose of increasing participation in clinical trials. fitness Quest will deploy IBM Watson for scientific Trial Matching, a cognitive computing equipment that suits sufferers to clinical trials for which they could be eligible, all the way through its hospitals.
IBM employer emblem. (PRNewsfoto/IBM)more
IBM Watson for medical Trial Matching helps clinicians and coordinators more with ease and right now determine trials and probably eligible sufferers, enabling healthcare providers and sufferers to believe acceptable ones as a part of a care plan. The solution eliminates the deserve to manually examine enrollment standards with affected person medical statistics, making it possible to efficiently establish a person's talents trial alternate options and supply access to novel melanoma care remedies.
"health Quest is committed to becoming a leader in the utility of AI and other superior technology to improve affected person care and company efficiency. Watson for scientific Trial Matching enables us to enhance patient entry to advanced clinical trials by disposing of the drudgery of manually shopping through charts to promptly in shape sufferers with the most appropriate scientific trial(s) for their condition," observed Dr. Glenn Loomis, Chief medical Operations Officer, fitness Quest.
"whereas clinical trials offer sufferers access to promising new and emerging cures, only 5 p.c of grownup patients with cancers take part in medical trials. subsequently, eighty percent of clinical trials fail to meet enrollment timelines and requirements," spoke of Kyu Rhee, vice president and Chief health Officer, IBM Watson fitness. "by integrating IBM Watson for clinical Trial Matching, health Quest aims to enhance clinical trial enrollment and, through proposing entry to new, chopping-part cures, the fitness gadget can play a key position in advancing the science of oncology care."
One educational clinical middle found that in the 18 months after implementation, there was on typical an eighty four percent raise in enrollment to its systemic remedy clinical trials for breast melanoma (from 3.5 patients/month to six.four sufferers/month). The time to screen someone patient for clinical trial suits additionally fell when in comparison with ordinary guide strategies.
moreover, in a study with the Highlands Oncology neighborhood and Novartis , use of IBM Watson for scientific Trial Matching efficiently cut the time to display sufferers for trial eligibility by means of 78 percent, decreasing processing time from 1 hour and 50 minutes to 24 minutes.
using IBM Watson for clinical Trial Matching further scales health Quest's use of AI within its gadget. fitness Quest makes use of Watson Care supervisor to establish, categorize and rank primary ideas from unstructured care administration notes and identify gaps in care, song particular person touch points and refine its system to increase device-broad inhabitants fitness. in the health system's first yr working with Watson Care manager, health Quest earned a 1.65 percent advantage-based mostly price bonus from the center for Medicare and Medicaid capabilities and generated $3.7 million in new revenue by more-effectively tracking sufferers in need and prompting them to be considered for pursuits care. fitness Quest is investigating extra AI purposes in its journey to be a leader within the use of superior technology to increase the care of patients and help suppliers.
About fitness Quest health Quest is a family of built-in nonprofit hospitals and healthcare gurus within the Hudson Valley and northwest Connecticut. health Quest combines gifted physicians, state-of-the-art know-how and compassionate caregivers committed to providing fine care across a whole lot of carrier lines, including Neurosciences, Oncology, Cardiovascular, ladies/babies's and Orthopedics.
health Quest has a community of effortless areas right through Columbia, Dutchess, Ulster, Orange, Putnam and northern Westchester counties in manhattan in addition to western Connecticut, including four award-winning hospitals —Northern Dutchess sanatorium in Rhinebeck, Putnam health facility core in Carmel, Sharon health center in Sharon, Conn. and Vassar Brothers scientific middle in Poughkeepsie —plus multiple health Quest clinical practice primary care and distinctiveness places, two urgent Care places and affiliates together with the Thompson condominium, a 100-bed expert nursing facility on the Northern Dutchess clinic campus, fitness Quest domestic Care and The heart middle, a leading company of cardiology capabilities in the region.
About IBM Watson health Watson fitness is a enterprise unit of IBM it is dedicated to the development and implementation of cognitive and information-pushed applied sciences to increase fitness. Watson fitness technologies are tackling a wide range of the area's largest health care challenges, including cancer, diabetes, drug discovery and greater. gain knowledge of more.
John R. NelsonDirector, Public and group Affairs, health Questjnelson2@health-quest.org
Suzanne CrossIBM CommunicationsSuzanne.email@example.com
View customary content to down load multimedia:http://www.prnewswire.com/news-releases/fitness-quest-units-out-to-boost-participation-in-clinical-trials-with-ibm-watson-300815904.html
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n the Jersey side of the Hudson River just across from Manhattan’s Financial District, there is a glass-and-steel office tower designed in a severe International Style aesthetic. “DTCC” is emblazoned across the top, but few outside of Wall Street realize that in this building, occupied by the Depository Trust & Clearing Corp., are records for most of the world’s securities, representing some $48 trillion in assets—from stocks and bonds to mutual funds and derivatives. In the 1970s, Wall Street created a DTCC predecessor to replace a system that had been powered by young men running around the cavernous alleys of lower Manhattan delivering stock certificates from brokerage house to brokerage house.
DTCC still has paper certificates in its vaults, but records related to the 90 million daily transactions it handles are kept electronically on its servers and backed up in various locations. Thousands of financial institutions and exchanges in 130 countries rely on DTCC for custody, clearing, settlement and other clerical services.
In a few months DTCC will begin the largest live implementation of blockchain, the distributed database technology made popular by the bitcoin cryptocurrency. Records for about 50,000 accounts in DTCC’s Trade Information Warehouse, where information on $10 trillion worth of credit derivatives is stored, will move to a customized digital ledger called AxCore.
According to Rob Palatnick, DTCC’s chief technology architect, the warehouse already keeps an electronic “golden record” of events such as maturity dates, payment calculations and other activities needed to clear and settle these securities daily. But each participant in a complicated credit derivatives transaction also keeps its own records, which must in turn be reconciled multiple times before the investment matures. By moving those records to the blockchain, visible to all participants in real time, most of those redundancies won’t be necessary.
“We’re not talking about eliminating humans and firms,” Palatnick says. “We’re talking about getting rid of layers of databases and translations between those databases.”
On the other side of the world, in Taipei, Taiwan, Foxconn, the electronics giant best known as a manufacturer of iPhones, launched a Shanghai startup called Chained Finance with a Chinese peer-to-peer lender. Chained will soon connect Foxconn and its many small suppliers (and their suppliers’ suppliers) on an Ethereum-based blockchain that will use its own token and smart contracts (read: automatically executed) to make payments and provide financing in near real time, eliminating a daisy chain of paperwork.
“We view blockchain as the skeleton of our work,” says Jack Lee, the founder of Foxconn’s venture capital arm, which has invested $40 million in six blockchain startups. “Smart contracts that automatically execute transactions are the muscles, and tokens are the blood.”
Welcome to the brave new world of enterprise blockchain, where corporations are embracing the technology underlying cryptocurrencies like bitcoin and using it to speed up business processes, increase transparency and potentially save billions of dollars. At its core, blockchain is simply a distributed database, with an identical copy stored on many computers. That facilitates transactions (financial or otherwise) between individuals (or companies) that don’t know or trust each other. It’s virtually impossible to cheat, since every transaction is recorded in many places and the details of those transactions are visible to everyone. Companies are already using blockchain to track fresh-caught tuna from fishing hooks in the South Pacific to grocery shelves, to speed up insurance claims and to manage medical records. Total corporate and government spending on blockchain should hit $2.9 billion in 2019, an increase of 89% over the previous year, and reach $12.4 billion by 2022, according to the International Data Corp. When PwC surveyed 600 “blockchain-savvy” execs last year, 84% said their companies are involved with blockchain.
To chronicle the rise of so called “enterprise” blockchain, Forbes has created its first annual Blockchain 50 list of big companies that are putting the technology to work in meaningful ways. While blockchain’s first application, cryptocurrency, is struggling to achieve mainstream adoption, these companies are committing manpower and capital to build the future on top of shared databases.
The version of a blockchain future these companies are building is, for the most part, far different from what the founders and early adopters of blockchain had envisioned. While many cryptocurrency idealists fantasize about a global, public network of individuals connected directly and democratically, without middlemen, these companies—many of which are middlemen themselves like DTCC—are building private networks they will use to profit from centralized management.
Not surprisingly, financial firms—from Allianz to Visa and JPMorgan Chase—dominate the list. But Blockchain 50 companies run the gamut of industries, including energy firm BP, retailer Walmart and media company Comcast.
Because of the lingering bad taste left by bitcoin drug bazaars like Silk Road and the 2017 digital currency bubble, most companies emphasize the distinction between crypto and blockchain, shunning the former and embracing the latter. In some ways the members of the Blockchain 50 represent a bridge between the old and new worlds. Just as internal computer networks were adopted by companies long before the internet took off, these firms are starting by adopting distributed ledger technology at a small scale.
“The era of blockchain tourism has ended,” says Bridget van Kralingen, Senior Vice President for Platforms & Blockchain. “We’ve really seen blockchain move from being overshadowed by cryptocurrency to focus on real business problems and complex processes.”
In 2009, when Satoshi Nakamoto, bitcoin’s pseudonymous creator, activated his network, its blockchain was the underlying accounting system that let anyone with bitcoin transfer money without the need of a middleman. Transactions are processed in blocks—just a fancy word for a hunk of data—about every ten minutes, each containing a compressed version of the previous block, linking them together into a chain. Instead of relying on a bank or another middleman to keep track of when a bitcoin leaves one location and arrives at another, the thousands of computers on the bitcoin network do the work and in exchange for their efforts are paid in bitcoin.
For most companies this presented a potential problem. While identities aren’t required to use the bitcoin blockchain, the transactions themselves are tied to addresses that are publicly available, meaning that with a bit of work many of these addresses can be tied to actual people or companies. Thus enterprises like Coca-Cola and JPMorgan Chase, accustomed to maintaining competitive advantages based on proprietary processes and control, were initially skeptical of cryptocurrency.
Businesses also need some control over their data. “The entire corporate world has been fashioned around who has responsibility over a particular part of the business flow,” says David Treat, the global head of Accenture’s Financial Services Blockchain practice. “There can be no gaps, because that is unacceptable for a multibillion-dollar company. You cannot have a gap, or you are subject to huge security breaches and social contract breaches.”
Perhaps no firm has had a greater influence on the growing corporate use of blockchain technology than Digital Asset Holdings, a New York-based startup that hired the former JPMorgan Chase banker Blythe Masters as its CEO in early 2015. Under Masters, Digital Asset began making acquisitions and almost immediately purchased a small company that was in the process of building an “invitation only,” or permissioned, blockchain. Then in late 2015 Digital Asset donated the code for its “open ledger” project to the Linux Foundation, which supports commercial open-source software projects, including the Linux operating system.
The project was called Hyperledger, and thanks in part to Masters’ connections, its backers read like a who’s who of finance and technology. Thirty companies are listed as founders, including ABN AMRO, Accenture, Cisco, CME Group, IBM, Intel, JPMorgan Chase, NEC, State Street, VMware and Wells Fargo. Hyperledger immediately established itself as the gold standard for corporate blockchain projects.
What happened next might be considered the Big Bang moment of enterprise blockchain. In early 2016, IBM donated 44,000 lines of code to the project, which formed the core of a new blockchain with faster speeds and increased privacy. No fewer than half of the members of the Forbes Blockchain 50 are now using that blockchain, known as Hyperledger Fabric.
“We’ve been very focused on making sure that not only is the blockchain technology standard but that the documents and data are standard,” says Marie Wieck, IBM Blockchain’s general manager. “This standardization allows [the companies] to not spend their time comparing differences and validity in the documents.”
Shortly after the launch of Hyperledger, which is a nonprofit venture, a New York fintech called R3 raised $107 million from the likes of ING, Barclays and UBS to create a for-profit enterprise blockchain platform called Corda Enterprise.
As the commercial potential of co-opting blockchain technology became more apparent, many cryptocurrency startups began to rethink their models.
For example, San Francisco’s Ripple, originally called OpenCoin and conceived of as yet another alternative monetary system, expanded its focus in late 2015 from the cryptocurrency (called ripple and trading as XRP) to building software for large banks. A bitcoin startup called Counterparty spawned another company, Symbiont, in March 2015, which coded a proprietary blockchain that’s now being used by Vanguard for sharing stock index data. In February 2017, ConsenSys, a Brooklyn-based collection of crypto companies controlled by one of Ethereum’s founders, helped launch the Enterprise Ethereum Alliance.
Just as corporate America co-opted counterculture vibes for its marketing and advertising (“Think Different,” “Don’t Be Evil”), its most forward-thinking businesses are fast incorporating a technology that was designed in large part to eliminate them.
In insurance, for example, MetLife’s mobile app Vitana bundles insurance with a test for gestational diabetes that uses a blockchain to record data and verify and pay claims. In recent testing in Singapore, where one in five expectant mothers develops gestational diabetes, a practitioner simply enters a positive test result into a patient’s electronic medical record and in a matter of seconds MetLife’s smart contract deposits an insurance payment into that patient’s bank account to cover the medical expenses associated with the condition. No paperwork or claim filing necessary.
Similarly, Germany’s Allianz, working with EY, tested moving certain captive insurance claims processes—often involving many emails, attachments and phone calls across multiple times zones—to a private blockchain. The time required to process a claim fell from weeks to hours.
The French bank BNP Paribas, which has lent money to commodities traders since the 19th century, is considering using a ledger platform called Voltron to process letters of credit for traders. Northern Trust has begun administering private equity funds using Hyperledger Fabric. Broadridge Financial has been running pilots testing multiple distributed ledgers for its dominant proxy voting and shareholder communications business.
“In real time, you know who owns the stock, who’s entitled to vote and how it’s tied to the universally-agreed-upon shareholder meeting agenda,” says Michael Tae, Broadridge’s head of strategy.
In the perpetually fraught food business, which regularly endures disasters ranging from E. coli outbreaks to a worker being cooked alive, companies like Nestlé and Bumble Bee Foods are turning to blockchain to secure their supply chains and reduce paperwork.
Golden State Foods, a big McDonald’s supplier that makes more than 400,000 hamburgers per hour, tracks the location and temperature of its patties with devices like radio-frequency ID tags and Hyperledger Fabric. The system can immediately alert GSF to conditions that might lead to spoilage. At the same time, it can optimize inventory levels by tracking how much meat is in a truck or in a restaurant’s freezer, in real time.
At this year’s SXSW conference in Austin, Texas, Bumble Bee unveiled an SAP-built supply-chain blockchain offering complete transparency to its customers. Soon you will no longer have to take Bumble Bee’s word for it when its assures you that the 12-ounce package of yellowfin tuna you just bought was caught by individual fishermen in the South Pacific and not by a factory ship. The fishing crews, tuna processors and packers are now entering their own data in real time on Bumble Bee’s distributed ledger. By summer, Bumble Bee will be sharing that information with retailers and customers who take the time to check.
From a public relations standpoint alone, Bumble Bee’s SAP blockchain is likely to bear dividends. In 2017 Greenpeace ranked Bumble Bee 17th out of 20 tuna brands for its sustainability practices, accusing it of “greenwashing” a host of bad behaviors with environmentally friendly marketing.
“Food safety and sustainably sourced product has become an overwhelmingly important topic in our industry,” says Tony Costa, the CIO at Bumble Bee. “Leveraging the latest technology enables us to open it up to more of a public perspective, if you will. So we get out of the business of managing data. We’re relying on a relationship.”
In the healthcare business, an estimated 20 cents of every dollar—some $700 billion a year—is wasted because of inefficiencies. Ciox, a little-known company based in Alpharetta, Georgia, that manages medical-records exchanges for 60% of the hospitals in the U.S., is considering developing a private blockchain that healthcare providers could use—for a fee paid to Ciox—to exchange data. Blockchain 50 enterprises like Ciox and the media giant Comcast, which is toying with using blockchain to micro-target television advertisements, plan to use the privacy features of blockchain to profit from their customers’ data while protecting their identities.
Despite the surge in corporations working on blockchain projects, the technology is still new, and relatively few have generated significant revenues or savings.
The one group that is getting rich from the current enterprise blockchain gold rush: consultants. Deloitte, PwC, KPMG, EY and Tata Consultancy Services are deploying small armies to preach the virtues of blockchain to the C-suite and charging huge fees to help companies implement the technology. (We excluded consultants from the Blockchain 50 because they played a key role in helping us create the list.) Deloitte, for example, has 1,400 full-time blockchain employees. India’s Tata has 1,000 staffers, 600 of them full-time, in its blockchain unit. Tech firms, including Oracle, SAP and Amazon, are also staking out their turf.
Part technology firm, part consultant, IBM may be the biggest and most successful enterprise blockchain company of all. Besides helping create Hyperledger Fabric, the company has 1,500 staffers—mostly engineers—devoted to the new technology and reports that its IBM Blockchain powers 500 client projects.
IBM Food Trust, for example, counts Walmart, Kroger, Nestlé and Carrefour, the French grocer, among its 50-plus members. IBM is also behind TrustChain, a consortium of companies in the supply chain for diamonds and jewelry, including Rio Tinto Diamonds, Asahi Refining and Helzberg Diamonds. Health Utility Network, another Big Blue group, counts three of the five largest U.S. health insurers—Aetna, Cigna and Anthem—as members.
“The power of any blockchain network is in its participants and its members,” says IBM’s Wieck. It matters little whether those members are crypto-idealists or global corporations.Cover image by Viktor Koen for Forbes. Illustrations by Tony Healy for Forbes.
March 31, 2009 10:02 ET
SYDNEY, AUSTRALIA--(Marketwire - March 31, 2009) - EnergyAustralia, Australia's largest electricity distribution network, today announced an agreement with IBM (NYSE: IBM) for the implementation of an energy network monitoring and control solution.
A key project within EnergyAustralia's overall intelligent network program, the Distribution Monitoring and Control (DM&C) project involves the roll-out of 12,000 sensing devices throughout the electricity distribution network, creating a smart grid. The project will enable EnergyAustralia to deliver energy more efficiently and reliably, and allow a greater number and range of environmental solutions to be integrated into the electricity network such as renewable energy.
Under the agreement signed in the first quarter of this year, IBM will design and build the system IT architecture to support the project, in which sensing devices will connect with EnergyAustralia's operational systems using a combination of fourth generation and existing technologies. This world-class intelligent network will carry the necessary data for EnergyAustralia to reduce outages through faster fault location and preventative maintenance and, to work towards managing distributed energy sources such as solar and storage devices.
EnergyAustralia's Managing Director George Maltabarow said the project was an important part of the company's initial investment of $170 million in its smart network rollout.
"This project will help us stay at the forefront of the global intelligent network transformation," Mr. Maltabarow said. "It will give us an instant picture of the electricity network which will help shorten power interruptions by allowing us to quickly locate and repair faults.
"It will also mean preventative maintenance can be better targeted so we can avoid faults and outages in the first place."
In addition to consulting, systems integration and IT services expertise, IBM has invested heavily in solutions such as Tivoli Netcool and Websphere Datapower to assist utilities in realizing their intelligent network visions.
"IBM is delighted to bring its infrastructure, systems integration and project management expertise to bear on this ground-breaking transformation project," said David Murray, General Manager, IBM Communications Sector, Australia.
"Only through the creation of a smart grid that can sense, communicate, analyze and respond, can Australia build the energy infrastructure it needs to meet the challenges of climate change, globalization, and changing consumer demand."
IBM Smart Grid
IBM is working with clients in nearly 50 Smart Grid engagements across emerging and mature markets around the world. More about IBM's 'Smarter Planet' initiative: its vision to bring a new level of intelligence to how the world works -- how every person, business, organization, government, natural system, and man-made system interacts, can be found here: http://www-03.ibm.com/press/us/en/presskit/26094.wss
EnergyAustralia Intelligent Networks
EnergyAustralia began its intelligent network program in 2006. It was the first utility in the world to build and operate a communications network using carrier grade Internet Protocol (IP) technology. EnergyAustralia has also rolled out 800 kilometres of fibre optic cable to its 200 major substations and depots, installed hundreds of communications switches, and built a trial telecommunications network to allow two-way communication across its electricity network. For more information see http://www.energy.com.au/energy/ea.nsf/Content/Splash
During her part of the keynote address at IBM Edge 2016, Donna Dillenberger, IBM fellow, Watson Research Center, at IBM, demonstrated how analytics and transactions work together using The Linux Foundation’s version of blockchain, called Hyperledger.
Fresh off the keynote stage, Dillenberger joined Dave Vellante (@dvellante) and Stu Miniman (@stu), cohosts of theCUBE, from the SiliconANGLE Media team, to provide insight into the evolution of blockchain and how open source is bringing blockchain to the enterprise.
This week, theCUBE features Donna Dillenberger in our Women in Tech column.Open source is like the best date
Vellante opened the interview discussing Dillenberger’s part of the keynote address. He asked about the importance of open-source projects to IBM. She responded by noting the sum is greater than the separate parts.
“Of those 10 projects, some of them are Node.js, Open Container, Eclipse, OpenPOWER, Open Mainframe and Spark; everyone has their own expertise. Every company develops a set of core competencies. For example, IBM, we’re really good at scalability and security, but when we partner that [knowledge] with people who donate their expertise in analytics, their expertise in Docker containers, that’s like the best date,” she said.
Dillenberger continued: “You complement each other; you push each other on. There’s nothing that sharpens minds like other minds; and to have other people with such great skills, it not only brings IBM people to a better level of expertise … we’re better together than separate.”The value of technology, not currency
Vellante then led a discussion about blockchain. He was impressed that IBM saw the technology implications early on and inquired about what led the company to The Linux Foundation’s Hyperledger Project. Dillenberger’s response described a protocol that had merit but needed improvement.
“Bitcoin started in 2009 as a result of the Great Recession. There were a bunch of people [who] wanted to build this cryptocurrency that would be free of central governments and banks. To do that they thought, We can’t even rely on computer systems. We have to ensure that Bitcoin would be hosted and distributed in computer systems that no one owned,” she explained.
“That led to the creation of a protocol that could run on distributed computers, and even if one computer fails, the Bitcoin network would last. If a set of computers were compromised, the data would also still have integrity, and that led to the creation of the blockchain protocol,” Dillenberger explained.An example of trust
Dillenberger continued to explain the blockchain process: “Bitcoin uses the blockchain protocol to use distributed systems to record financial transactions. But now that you have a distributed protocol that can record financial transactions, you can also use that distributed protocol to record the provenance of your food.”
As a use case, Dillenberger offered an example of how to use the Internet of Things (IOT) to track food quality and explained how the data is put on the blockchain and how it would be hard to tamper with the data.
“Now there’s that level of transparency and that ability to provide that data in it’s true distributed way, so even one owner can’t compromise it. That actually leads to more trust,” she stated.Unpacking the matter of hacking
Vellante addressed the issue of hacking into a blockchain network. He noted that it is virtually “unhackable.” Dillenberger said this is not so in all cases.
“That’s the goal — to make it unhackable. Bitcoin was the first one, and the Bitcoin development of their use of blockchain has some weaknesses. And that’s why IBM, with other companies, came up with a different implementation of the blockchain. The Linux Foundation Hyperledger blockchain … it is extremely different form Bitcoin-derived blockchains. Bitcoin-derived blockchains uses things like proof-of-work.”
Dillenberger explained that it requires solving complex math problems. All other computers in the system have to follow the first computer to solve it, which leaves the system open to hacking.
“Hyperledger does not have that requirement for solving complex math problems and proof of work. We have a set of validators … and the Hyperledger blockchain provides that flexibility so that only the participants who are part of the transaction, they are the ones who know whether that data is valid or not,” she said.The business benefits of blockchain
Vellante inquired about the business impact to IBM, and Dillenberger reported that reducing the number of disputed transactions is good for business and relationships.
“The goal, the reason why we put this on blockchain, is to reduce the amount of time it takes to resolve a dispute, which is 44 days. When we take the amount of time it takes to resolve a dispute, we don’t require that much money we have to put on hold in our supply chain. And it also creates better relationships with our partners and suppliers as well. And that has been the goal of the IBM global finance blockchain,” she said.
During the interview, Dillenberger also provided interesting insight into IoT, analytics and security.
Watch the complete video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of IBM Edge 2016.Photo by SiliconANGLE Since you’re here …
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