IBM Acquires Two New Blockchain Patents For Network Security

The popular computing giant IBM is yet again adding another set of blockchain patents for two new applications according to the United States Patent and Trademark Office documents that were published a couple of days ago which we are looking into in our blockchain news below.

According to the previous patent documents, IBM aims to target network security by using blockchain technology but mostly focusing on database management. The description of the first blockchain patent reads:

 “Securing a data log using monitor security protocols may be accomplished with different levels of security, ranging from low security to high security, and have various combinations of hardware and software configurations.’’

It goes on further:

“Low security may allow open access to the event logs while high security may significantly restrict access to the event logs. Protecting the monitored system from hackers gaining access to alter the event logs may require a new type of security configuration.”

In the second patent, IBM states that the database management systems are inefficient and that the blockchain solutions could help this issue:

 “DBMSs are typically configured to separate the process of storing data from accessing, manipulating, or using data stored in a database. DBMSs often require tremendous resources to handle the heavy workloads placed on such systems. As such, it may be useful to manage a DBMS using a blockchain database.”

As previously reported on DC Forecasts, IBM is really aiming to secure patents that involve blockchain technology since it is already competing with huge companies such as Bank of America which already has about 50 patents since 2018. The computing giant recently announced its new security tool that aims to identify weak links in the enterprise deployments.