IBM Blockchain as a Service vs Microsoft Azure Blockchain as a Service comparison

Blockchain technology presents opportunities for disruptive innovation. It enables global business to transact with less friction and more trust.

Blockchain is a shared, immutable ledger for recording the history of transactions. It fosters a new generation of transactional applications that establish trust, accountability and transparency.

IBM Blockchain has joined The Linux Foundation's Hyperledger Project to evolve and improve upon earlier forms of blockchain. Instead of having a blockchain that is reliant on the exchange of cryptocurrencies with anonymous users on a public network (e.g. Bitcoin), a blockchain for business provides a permissioned network, with known identities, without the need for cryptocurrencies.

As an open, flexible, and scalable platform, Azure supports a rapidly growing number of distributed ledger technologies that address specific business and technical requirements for security, performance, and operational processes. Our intelligence services, like Cortana Intelligence Suite, provide unique data management and analysis capabilities that no other platform is able to offer. And the vast Microsoft partner ecosystem extends the capabilities of our platforms and services in a way to fit specific roles and industry needs.

Blockchain as a Service (BaaS) provides a rapid, low-cost, low-risk, and fail-fast platform for organizations to collaborate together by experimenting with new business processes—backed by a cloud platform with the largest compliance portfolio in the industry.