During the last year, the idea of using bitcoin’s underlying system, the blockchain, has been debated by numerous companies. Recently, IBM has announced that it has started working on a new project meant to make better use of the blockchain technology.

With this in mind, the company is launching a new project known by the name of ‘blockchain-as-a-service. To put things better into perspective, the project consists of a specific set of tools meant to make creating, running, deploying and monitoring blockchain-based applications on the IBM Cloud possible.