IBM computer scientists have been at the forefront of scientific and technological innovation across a broad range of research areas. They have made pioneering contributions in artificial intelligence, high-speed processor design, computer architecture, natural language processing, programming languages, optimizing compilers, operating systems, storage systems, computer-supported cooperative work, databases, speech recognition, integer programming, and service-oriented architectures, to name a few.
Transaction processing has a rich pedigree at IBM Research, reaching all the way back to the IBM Transaction Processing Facility on the IBM System 360. Now with the development of distributed database technology, transaction processing is taking a giant leap forward with the creation of a secure record that houses multi-party business transactions in one place — in one block-chain.
In this episode of Inside IBM Research, Ramesh Gopinath, VP of Fintech and Blockchain, talks about the contributions IBM is making to blockchain research as a premier member of the Hyperledger Project, a cross-industry collaboration that’s developing an open standard for distributed ledgers.