IBM on Thursday, announced that it has collaborated with HACERA to release a yellow pages directory that would serve as a catalogue, for interested firms to take part in the global blockchain projects.
Jerry Cuomo, vice president of blockchain technologies at IBM, stated in the blog post that “We think blockchain is the third major wave of network technology (phone, internet, blockchain).”
Cuomo further stated that: “Since IBM began our blockchain journey, we have been committed to the development and use of open technologies. We realized from the start that you cannot do blockchain on your own; you need a vibrant community and ecosystem of like-minded innovators who share the vision of helping to transform the way companies conduct business in the global economy.”
Back in the 1830’s, yellow pages were released as an organized directory of business for the people interested in particular firms or shops. This was very vital for business at that time and had an intense effect on the industrial revolution.
However, merchants could use the Yellow Pages to include their business and become noticeable for the whole world. People could also use Yellow Pages to find any business on the map. In the same way, in late 1990s, ICANN became the manager of many directories such as the DNS (Domain Name System) that was very important in launching the World Wide Web and the internet.
The company aims to have an information hub that could notify firms who are looking forward to embrace blockchain. And let them know what options are out there and how they could take part in projects. They also aim to list the companies, new applications and blockchain platforms that are operating with DLT (distributed ledger technology).
IBM teamed up with HACERA who will be in charge of the project called “Unbounded Registry”. The project focuses to offer a decentralized way of searching, registering, transacting and joining across many blockchain networks. It is created to interoperate with many popular DLT’s including The Linux Foundation’s Hyperledger Fabric and Hyperledger Sawtooth.
The companies listed on the registry include popular names like Hitachi, China’s Huawei and Intel. IBM was always on the forefront to adopt blockchain technology and study its large-scale systems across various fields.
Both HACERA and IBM from a very long time have been operating with the DLT. This way, HACERA and IBM are aiming to build a future in which organizations and users will be able to find each other in a very secure and easy way.
Do you think this step of building a ‘Yellow-pages’ directory will make a difference in the blockchain industry? Let us know in the comments section below.