IBM Systems Magazine, Mainframe - May/June 2017 - 23
Tapscott says. "Seeing companies
like IBM step up and move into
the space is incredibly exciting
because they know a lot about
what it takes to run massively
complicated systems for big
mission-critical industries and
An enterprise-ready platform is
the final element of an enterprisegrade blockchain. That means
it must be resilient, secure, and
scalable, the key characteristics
of z Systems. "Fundamentally,
blockchain is about transactions,"
McDermott says. "You want to
use the transaction expertise that
IBM has developed over decades,
and the reason you want to use it
is because of scalability, security,
reliability. All of these things are
really important to running a
business in a responsible way."
Blockchain has been hailed as the
second generation of the internet.
As with the first generation,
benefiting from the disruptive
technology requires recognizing
the opportunity and acting on
it early. Organizations need to
consider how blockchain can
change their mission and how
they execute it. "How does it
change the world of supply chain?
How does it change the world
of finance? How does it change
the inside of each company?"
Tapscott inquires. "Those are
issues that CxOs, especially in IT,
need to really think about."
As to how to get started, the
first steps are straightforward,
he says. Get educated on the
technology. Next, launch an
internal pilot project to explore
it further. After that, hire a
transition team of IT talent inside
the enterprise and focus on
developing blockchain strategies.
The key takeaway is to avoid
delay, Tapscott says. "The
most important piece is to start
now rather than to wait. The
preconditions for this to happen
are there, so it's likely it will
happen faster than previous
transformations. What's really
important is that you have
a technology strategy in the
enterprise that allows you
to harness this new disruptive
Kristin Lewotsky is a freelance
technology writer based in Amherst,
Managing Your IBM z Systems
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