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Test Name : IBM Tivoli Storage Manager V7.1 Implementation
Vendor Name : IBM
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ARMONK, N.Y. and ZUG, Switzerland, Jan. 26, 2021 /PRNewswire/ — IBM (NYSE: IBM) and DIA announced today that DIA migrated its platform to IBM Cloud and is leveraging IBM Cloud Hyper protect capabilities to control how economic statistics is sourced, saved, processed and posted. IBM Cloud Hyper protect capabilities is a hybrid cloud offering designed to deliver subtle encryption capabilities to assist secure extremely sensitive facts, which is specifically critical in the age of hybrid cloud. The migration of DIA's platform to a cloud environment backed via IBM Cloud exclusive computing capabilities is designed to supply protection to records and purposes from skills malicious interior and exterior assaults.
DIA is discovered in Crypto Valley in Zug, Switzerland and is an open-source fiscal information platform that incentivizes the sourcing and validation of statistics and provides the statistics by means of average APIs in addition to oracles. Oracles are the third-birthday party have confidence mechanisms that allow wise contracts to receive records from sources outdoor of the blockchain.
information protection is key for fulfillment of the fast-transforming into decentralized finance spaceDeFi is an emerging enviornment of digital finance that leverages blockchain-based smart contracts to execute and validate transactions, as opposed to relying on centralized monetary institutions. because the industry grows, transparent facts sources and oracles become vital to its reliability and success. records sources that can be compromised and supply little transparency can lead malicious actors to manipulate assaults on DeFi systems. To aid mitigate this chance, DIA is leveraging the IBM Cloud – the business's most cozy and open public cloud for company.
IBM Cloud Hyper offer protection to features help permit insurance plan and privateness of information infrastructureUsing IBM Cloud Hyper protect capabilities, DIA can support deliver technical assurance to its consumers and clients that their workloads are secured by way of protecting backend infrastructure in opposition t assaults on hardware, servers, purposes and data layers. by way of taking potential of 'maintain Your own Key' (KYOK)1 and confidential computing capabilities delivered by way of hybrid cloud capabilities from IBM, DIA can supply protection to information with finished authority for their records and workloads.
IBM Cloud Hyper offer protection to functions supply confidential computing capabilities designed to permit information integrity and confidentiality for latest and future workloads inside hybrid cloud environments by means of using isolation and encryption in security-rich enclaves to run cloud software.
This idea allows the platform's clients to hold sole access to their crypto keys – meaning now not even IBM can entry them – and helps mitigate the chance of malicious actors viewing or modifying the private facts. developed on IBM LinuxONE, by using IBM Cloud Hyper offer protection to capabilities, DIA has entry to the maximum stage of protection provided commercially by any cloud provider in the industry for cryptographic modules.2
“IBM Cloud Hyper supply protection to services, confidential computing capabilities and IBM LinuxONE allow us to help put in force a excessive security usual in the oracle panorama,” says Samuel Brack Co-Founder and CTO at DIA. “Being capable of assure that no third celebration can view or manipulate their off-chain computing operations with no trouble protects DIA and its clients from capabilities malicious internal and outside assaults.”
“As reliance on records grows, above all within the era of hybrid cloud, the need for chopping-facet security to protect digital belongings turns into even more essential,” observed Hillery Hunter, IBM Fellow, VP & CTO, IBM Cloud. “On its mission to source and validate economic records, DIA's stream towards a exclusive computing ambiance bolsters safety for all latest members within its ecosystem. Now, DIA can work with clients in incredibly regulated industries and tackle their larger demand for confidentiality as they entry their open source fiscal guidance platform.”
DIA continues to discover opportunities to enhance security, scalability and compliance of information start for both institutional and DeFi actors to assist develop the ecosystem and to further boost believe within the still nascent DeFi business.
About DIA
DIA (Decentralised tips Asset) is an open-source, fiscal counsel platform that utilises crypto economic incentives to supply and validate facts. Market actors can deliver, share and use economic and digital asset information.
About IBM Cloud: https://www.ibm.com/cloud
1 Encryption keys and cryptographic operations are included with optimum degree licensed HSM – with Hyper protect Crypto features: FIPS a hundred and forty-2 degree four.2 based on IBM Hyper protect Crypto carrier, the most effective public-cloud enabled FIPS one hundred forty-2 degree 4-certified Hardware protection Module (HSM). FIPS one hundred forty-2 security degree four provides the highest degree of safety defined during this common. At this security level, the real safety mechanisms supply a complete envelope of coverage across the cryptographic module with the intent of detecting and responding to all unauthorized attempts at real entry.
Contact:Kate Gazzillo[email protected]
View usual content material to obtain multimedia:http://www.prnewswire.com/information-releases/dia-leverages-ibm-cloud-and-confidential-computing-to-aid-comfortable-its-decentralized-fiscal-assistance-platform-301214219.html
source IBM
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