• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Binance.US Takes Action Amidst SEC Complaint: Delists Over 40 Trading Pairs
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Binance.US Takes Action Amidst SEC Complaint: Delists Over 40 Trading Pairs
OpenBlockchain

IBM Positions Blockchain as Networked Computing Backbone With OpenBlockchain

Tyson O'Ham by Tyson O'Ham
7 years ago
in Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News, Emerging Markets, News, News teaser, Technology
0

February 19, 2016 – IBM launches its Openblockhain repository on GitHub under the liberal Apache license. OpenBlockchain represents a significant milestone in blockchain development, as the non-copyleft open source licensing allows the business enterprise community to start serious Hyperledger development using the tool.

Also Read: Kanye West Doesn’t Understand P2P Technology

IBM Releases Vital Blockchain Development Tool

 

IBM’s involvement in the Linux Foundation’s Hyperledger Project spurred the release of this blockchain development framework, and the release represents the start of a new era in networking – with applications using advanced blockchain integration and smart contract style logic implementations made much easier. The Whitepaper states similar aims to the Ethereum Frontier – but with a wider scope and more serious backing.

OpenBlockchainOpenBlockchainThe Hyperledger Project is an industry collaboration to foster advanced blockchain application development. The release of OpenBlockchain will likely follow the same trend as Ethereum, with all of the interesting projects and applications powered by it, but on a larger scale. IBM’s pedigree will be more likely to attract serious investment and interest to the Blockchain ecosystem, and the open-endedness OpenBlockchain’s development environment provides compared to existing options is unprecedented.

The importance of mainstream adoption of blockchain technology cannot be understated in the discussion of Bitcoin and other Cryptocurrencies, and with OpenBlockchain available to the public – Blockchains as a solution are uniquely poised to solve highly parallel problems in Fintech and on the internet. We’ve seen a lot of what this project is purpose-built to do already with Eth and other smart-contract platforms, and this should help the technology gain traction with larger firms that were on the fence because of licensing and legality issues. Things like networked legally-binding contracts, brokerless trading, and massively decentralized currency exchanges may be closer than once thought.

What comes from OpenBlockchain development is still up in the air, but the fact large enterprise IT firms have moved from dabbling to development in the crypto ecosystem should inspire confidence – even amongst Bitcoin infighting and negative media coverage. If Blockchain technology were really only for disaster preppers and drug traffickers, then IBM would not have touched it, and they wouldn’t be preparing for an increasingly blockchain-powered world.

How do you think openblockchain will impact blockchain developers and startups? Let us know in the comments!


 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Tyson O'Ham

Tyson O'Ham

Related Posts

Peter Schiff

BREAKING – Crypto Hater Peter Schiff Targeted In Fake $GOLD Coin Scam On Twitter Hack

5 days ago
Bitcoin

BREAKING: Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal

1 week ago
Crypto.ro and Binance Unveil the 3rd Binance Meetup in Romania, Set in Timisoara

Crypto.ro and Binance Unveil the 3rd Binance Meetup in Romania, Set in Timisoara

2 weeks ago
Terra Do Kwon bail

Terra Founder Do Kwon Buys His Way Out Of Jail In Montenegro

4 weeks ago
Blockchain

BREAKING: Blockchain Partnership Announced By Microsoft, Goldman Sachs, Other Key Players

4 weeks ago
Gemini

Gemini To Launch Non-US Crypto Derivatives Platform

2 months ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Now Trending

  • Whale Power Unleashed: Mooky Emerges as the Rival Meme Coin...

    6 days ago
  • Exploring the Meteoric Rise of Mooky: Could It Be the Next...

    6 days ago
  • Discover the Next Big Thing: Mooky.io Presale Boasting Fair...

    6 days ago

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • DigiToad (TOADS) Stands tall against Dogecoin (DOGE) with...

    2 hours ago
  • Bitcoin (BTC) or the New Favorite, InQubeta (QUBE) ?...

    3 hours ago
  • Bitfinex and GoCrypto announce the listing of the GoC token

    5 hours ago
  • Discover the 3 promising Altcoins Whales are accumulating...

    6 hours ago
  • Tornado Cash Developer Set Free, InQubeta (QUBE) Presale...

    7 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.