IBM Launches Security Testing Tool for Enterprise Blockchain Takers

IBM Launches Security Testing Tool for Enterprise Blockchain Takers

Enterprise Blockchain Takers

IBM just launched an operational version of its in-house security testing tool for blockchain solutions.

IBM Security’s X-Force Red released the X-Force Red Blockchain Testing service in order to tackle remaining inefficiencies in enterprise blockchain deployments.

The press release explained “IBM X-Force Red is seeing that 70 percent of solutions that incorporate blockchain rely on traditional technologies for backend processes like authentication, data processing and Application Programming Interfaces (API),”

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

IBM noted that the enterprise blockchain could be worth almost $10 billion by 2021.

IBM X-Force Red’s global head, Charles Henderson, said: “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,”

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