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IBM launches enterprise-ready blockchain service to allow businesses build apps

NEW YORK: International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the Linux Foundation. The US technology company said on Monday its new product called IBM Blockchain was the first service for developers to build enterprise-grade technology using Hyperledger Fabric, the first code set to be released by the open source group. The Fabric blockchain can process more than 1,000…