Inspired by the Yellow pages, the registry improves accessibility to private networks.
IBM has collaborated with blockchain enterprise Hacera to launch a blockchain version of the Yellow Pages. Yesterday, Jerry Cuomo, vice-president of blockchain technologies at IBM, announced on the company’s blog the release of the information hub named Unbound Registry.
In the blog, Cuomo mentions the similarities with the Yellow Pages, explaining its usefulness and allowing companies to gain recognition because without it, “a business was hidden and only visible to those who knew about it via invitation”.
Unbound Registry lists the growing number of blockchain applications and allows the user to search, direct message and transact across a variety of blockchain solutions. This gives the opportunity for unlisted, private networks to become a member of the blockchain ecosystem.
IBM and Hacera hope that the registry will allow consumers and providers to safely transact between one another. The new project is showing its necessity already, having a list of respected members such as Huawei, Batavia and Hitachi.
Cuomo adds, “Since IBM began our blockchain journey, we have been committed to the development and use of open technologies. We realised 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.”
Now in its sixth year, the AltFi London Summit returns on 18th March 2019 to 155 Bishopsgate. Last year proved to be a crucial turning point for the key players building the future of finance. Leading platforms launched oversubscribed IPOs, digital banks proliferated and mainstream financial institutions started their own disruptive propositions. With 2019 certain to be another landmark year, more questions will be asked by regulators with investor interest in disruption also poised for more rapid growth.