Open Source Giant Red Hat Launches First Blockchain Initiative
Red Hat officially announced the OpenShift Blockchain Initiative today, a new development effort aimed at assisting financial firms as they embark on proofs-of-concept and other trials related to the emerging technology. Under the OpenShift Blockchain Initiative, Red Hat customers can build hosted blockchain applications using tools provided by independent solutions vendors (ISVs) focused on the industry, while taking advantage of the company's managed support services. In interview, Julio Tapia, director of the Red Hat OpenShift partnership ecosystem, sought to position the announcement....
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Red Hat, Inc, one of the leading providers of open-source software to the enterprise community, has announced a new partnership initiative for blockchain software vendors. The initiative is called “Openshift Blockchain” and will aid fintech start-ups and independent software vendors (ISV’s) to build hosted blockchain solutions while Red Hat manages container application deployment. Red Hat will also provide support through Openshift Dedicated. The goal is to provide a dev ecosystem capable of handling build activity ranging from the start-up to traditional financial institutions that are....
Tech giant Microsoft has partnered with startups Blockstack Labs and ConsenSys to build an open-source identity platform aimed at integrating the bitcoin and Ethereum blockchains. The project seeks to build a platform for cross-blockchain identity across multiple distributed systems. An early version of the identity solution is expected to be available by the end of this summer. In a blog post published today, Microsoft global business strategist York Rhodes wrote that in the coming weeks Microsoft will launch an open source framework on Azure, where developers can build their own identity....
The Bitcoin network has been supporting the Open Execution principle for quite some time now, as services owners can’t run away with people’s bitcoins, and no one else can use your coins and send them to somebody else. Moreover, no additional money can be created out of thin air. Open source software is part of the nature of digital currency and blockchain technology, as these solutions belong to everybody in the world who wants to embrace them. But some people have started to look beyond open source, and the term Open Execution is starting to pop up more often. But what does this new term....
Red Hat, the world’s leading provider of open source solutions, recently introduced their OpenShift Blockchain Initiative in an attempt to bridge the gap between traditional finance and blockchain technology. OpenShift announced their Dedicated initiative at the end of 2015. The main purpose of this initiative was to combine Red Hat’s engineer and....
Tech giant IBM has launched an open-source blockchain along with the support of financial incumbents including JP Morgan, the London Stock Exchange and Wells Fargo as well as tech specialists such as Cisco and Intel. Reports by Wired and Fortune indicate that IBM was the leader in creating what will be called the Open Ledger Project, an alternative blockchain system to be overseen by the Linux Foundation, the nonprofit consortium that runs the open-source operating system. The Open Ledger Project is described as a development library that will allow businesses to build custom distributed....