IBM Systems Magazine, Mainframe - September/October 2016 - 21

Process Transformation Blockchain brings speed, security and transparency to business By Shirley S. Savage k Illustration by David Plunkert T echnology has helped streamline many business processes, however some- such as supply chain elements- continue to take weeks to complete. That's about to change. The rise of blockchain software is enabling companies to experiment with methods of sharing information securely and quickly, eliminating the need for paper records and hours spent tracking invoices and payments. "Blockchain is software that provides an immutable electronic ledger that can be used for the recording of information and assets shared across multiple departments or other entities," says Donna Dillenberger, IBM Fellow, z Systems*. It has the power to transform many business processes. Blockchain was born as a result of the Great Recession in the U.S. Several independent programmers upset by the behavior of government and financial institutions looked for a way to create a currency that wasn't tied to a monetary body. They developed the blockchain protocol and used it to create bitcoin-an independent currency that isn't owned, managed or centralized by any entity. Bitcoin uses immutable ledger software to record payments with wallet IDs on multiple copies of the bitcoin database. That way, if one server goes down, others still contain the copies, preserving the transactions. Since its inception, blockchain has captured the interest of a number of industries, including finance, manufacturing and healthcare. "The IT community and the business community then realized that not only could you use blockchain to indelibly record bitcoin transactions across participants, but you could also use it to record transfer of conventional payments," Dillenberger says. Any industry that interacts with partners, users, suppliers or regulators would benefit from using blockchain to share information, she adds. TAKEAWAY s "LOCKCHAIN IS A LEDGER TECHNOLOGY THAT ALLOWS COMPANIES TO RECORD AND SHARE INFORMATION ACCESSED ONLY BY THOSE AUTHORIZED TO BE PART OF THE BLOCKCHAIN !NY INDUSTRY THAT INTERACTS WITH PARTNERS USERS SUPPLIERS OR REGULATORS CAN BENElT s 3ECURITY IS ESTABLISHED THROUGH HASHINGˆWHERE DATA YIELDS AN OPAQUE VALUE TO KEEP TRACK OF DATA CHANGESˆAND THE USE OF CERTIlCATES )"-ÇS IMPLEMENTATION OF BLOCKCHAIN PROVIDES PRIVACY AND CONlDENTIALITY OF ITS MEMBERS AND RECORDS s )"- ALSO PROVIDES HARDWARE ACCELERATORS THAT ARE USED THROUGHOUT THE BLOCKCHAIN PROCESS AND ALLOW USERS TO AUGMENT EXISTING BUSINESS PROCESS SYSTEMS ibmsystemsmag.com SEPTEMBER/OCTOBER 2016 // 21 http://www.ibmsystemsmag.com

Table of Contents for the Digital Edition of IBM Systems Magazine, Mainframe - September/October 2016

Table of Contents
Editor's Desk: Mitigating money matters
IBM Perspective: Linux on z Systems provides financial industry a foundation for blockchain
Partner PoV: Virtualization helps improve time to market and data center operations
IT Today: Blockchain's potential extends beyond the financial industry
Case Study: The Right Tools: Educational Testing Service streamlines application calls and improves PCI compliance
Cover Story: Process Transformation: Blockchain brings speed, security and transparency to business
Feature: A Modern System: IBM midtier solutions exploit API and microservices to drive innovation
Special Report: Mainframe Security Survey: Unauthorized users and external hackers are top concerns cited in survey
Tech Corner: Create a DevOps pipeline for Java applications in CICS
Solutions: zVT Control Center, dbDefender DAM Agent for DB2
Stop Run: IBM software engineer balances his day job with acting
Reference Point - Global Events, Education, Resources for Mainframe
IBM Systems Magazine, Mainframe - September/October 2016 - Intro
IBM Systems Magazine, Mainframe - September/October 2016 - Cover1
IBM Systems Magazine, Mainframe - September/October 2016 - Cover2
IBM Systems Magazine, Mainframe - September/October 2016 - 1
IBM Systems Magazine, Mainframe - September/October 2016 - Table of Contents
IBM Systems Magazine, Mainframe - September/October 2016 - 3
IBM Systems Magazine, Mainframe - September/October 2016 - 4
IBM Systems Magazine, Mainframe - September/October 2016 - 5
IBM Systems Magazine, Mainframe - September/October 2016 - Editor's Desk: Mitigating money matters
IBM Systems Magazine, Mainframe - September/October 2016 - 7
IBM Systems Magazine, Mainframe - September/October 2016 - IBM Perspective: Linux on z Systems provides financial industry a foundation for blockchain
IBM Systems Magazine, Mainframe - September/October 2016 - 9
IBM Systems Magazine, Mainframe - September/October 2016 - Partner PoV: Virtualization helps improve time to market and data center operations
IBM Systems Magazine, Mainframe - September/October 2016 - 11
IBM Systems Magazine, Mainframe - September/October 2016 - 12
IBM Systems Magazine, Mainframe - September/October 2016 - IT Today: Blockchain's potential extends beyond the financial industry
IBM Systems Magazine, Mainframe - September/October 2016 - 14
IBM Systems Magazine, Mainframe - September/October 2016 - 15
IBM Systems Magazine, Mainframe - September/October 2016 - Case Study: The Right Tools: Educational Testing Service streamlines application calls and improves PCI compliance
IBM Systems Magazine, Mainframe - September/October 2016 - 17
IBM Systems Magazine, Mainframe - September/October 2016 - 18
IBM Systems Magazine, Mainframe - September/October 2016 - 19
IBM Systems Magazine, Mainframe - September/October 2016 - Cover Story: Process Transformation: Blockchain brings speed, security and transparency to business
IBM Systems Magazine, Mainframe - September/October 2016 - 21
IBM Systems Magazine, Mainframe - September/October 2016 - 22
IBM Systems Magazine, Mainframe - September/October 2016 - 23
IBM Systems Magazine, Mainframe - September/October 2016 - 24
IBM Systems Magazine, Mainframe - September/October 2016 - 25
IBM Systems Magazine, Mainframe - September/October 2016 - Feature: A Modern System: IBM midtier solutions exploit API and microservices to drive innovation
IBM Systems Magazine, Mainframe - September/October 2016 - 27
IBM Systems Magazine, Mainframe - September/October 2016 - 28
IBM Systems Magazine, Mainframe - September/October 2016 - 29
IBM Systems Magazine, Mainframe - September/October 2016 - 30
IBM Systems Magazine, Mainframe - September/October 2016 - Special Report: Mainframe Security Survey: Unauthorized users and external hackers are top concerns cited in survey
IBM Systems Magazine, Mainframe - September/October 2016 - 32
IBM Systems Magazine, Mainframe - September/October 2016 - 33
IBM Systems Magazine, Mainframe - September/October 2016 - 34
IBM Systems Magazine, Mainframe - September/October 2016 - 35
IBM Systems Magazine, Mainframe - September/October 2016 - 36
IBM Systems Magazine, Mainframe - September/October 2016 - 37
IBM Systems Magazine, Mainframe - September/October 2016 - 38
IBM Systems Magazine, Mainframe - September/October 2016 - 39
IBM Systems Magazine, Mainframe - September/October 2016 - 40
IBM Systems Magazine, Mainframe - September/October 2016 - 41
IBM Systems Magazine, Mainframe - September/October 2016 - Tech Corner: Create a DevOps pipeline for Java applications in CICS
IBM Systems Magazine, Mainframe - September/October 2016 - 43
IBM Systems Magazine, Mainframe - September/October 2016 - 44
IBM Systems Magazine, Mainframe - September/October 2016 - 45
IBM Systems Magazine, Mainframe - September/October 2016 - Solutions: zVT Control Center, dbDefender DAM Agent for DB2
IBM Systems Magazine, Mainframe - September/October 2016 - 47
IBM Systems Magazine, Mainframe - September/October 2016 - Stop Run: IBM software engineer balances his day job with acting
IBM Systems Magazine, Mainframe - September/October 2016 - Cover3
IBM Systems Magazine, Mainframe - September/October 2016 - Cover4
IBM Systems Magazine, Mainframe - September/October 2016 - Reference Point - Global Events, Education, Resources for Mainframe
IBM Systems Magazine, Mainframe - September/October 2016 - SE1
IBM Systems Magazine, Mainframe - September/October 2016 - SE2
IBM Systems Magazine, Mainframe - September/October 2016 - SE3
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