IBM, the global tech giant, is now partnering with Seagate to ensure that computer hard drivers are authentic with the help from the blockchain technology. All the hard drives produced by Seagate will be logged to the IBM Blockchain Platform in a way that they are always protected from being distributed to users like they were original products.
The global managing director for IBM Electronics Industry, Bruce Anderson, has affirmed that Seagate has been a trusted supplier for IBM for many years and that the partnership is important for the companies to ensure that every hard drive in a server can be traced back to their manufacturer.
This new initiative will be used to understand whether these pieces of equipment can actually be considered legitimate or not. In order to verify these hard drives, Seagate will conduct a physical marker on each produced driver and include an electronic key that will be stored on IBM’s blockchain.
When someone is wondering whether a piece of hardware is authentic or not, they can just check the key on the drive and the servers will show them whether the product is legitimate or not. At the moment, the services are mainly focused on industry products, not retail ones.
Anderson has also noted that the blockchain can be used for several other activities such as eliminating paperwork and even greatly reducing administrative costs of the project. As counterfeiting is a serious problem in the industry, IBM projects that the technology will be implemented fast and that it will save a lot of money.
He cites a study made by the International Anti-Counterfeiting Coalition which believes that pirated goods globally in 2015 were worth more than $1.7 trillion USD. Because of this, he believes in the cooperation of many different industries for using the blockchain technology to stop piracy.