VMware has been a big player in the cloud services arena for a long time, and the company demonstrated its power in that area. Now, the company is jumping into the blockchain platform to build decentralized applications. The company is expected to bring further assurance and sanity to the blockchain community.
A company blog revealed that VMware will provide one source of data truth to help organizations to unify fragmented workflows. Also, as the pandemic rages, it will tear down data and facilitate better collaborative efforts in a manner that will not jeopardize data privacy or security in the workplace. Through this means, the business will definitely unlock ‘a wealth of untapped value.’
VMware claims the platform is simple and easy to set up. It can be deployed in a matter of minutes once a simple tool is used to do it. The interface is simple and familiar, making it possible for users to go through uncomplicated training sessions.
The company is joining a blockchain enterprise that is still very young but other tech companies such as IBM, AWS, Azure, Alibaba, and Oracle already have blockchain products of some sort. Creators of enterprise blockchain designed it to promote transparency, auditability, and security. It is best for fields of the supply chain, data protection, financial services, digital identity, and other related fields. It is opposed to blockchain advocates that seek to create problems to fit technologies.
VMware claims that it is ready to redefine the workflows through a technology platform that provides a single source of truth across multiple parties. This is beneficial, seeing that today’s workspace is deeply fragmented and highly complex. Therefore, it is difficult to maintain the status quo as cost increases, delays are experienced, and innovation is hindered.
Blockchain and cryptocurrency platforms have seen much controversy in recent years. However, after the rise of Bitcoin in 2017, predictions have it that ultimately, blockchain would eventually become an enterprise noteworthy in the financial and technology world. Probably, the latest entrant, VMware will make this dream come true.