Financial and Tech Titans Form Open-Source Blockchain Project

The new Linux Foundation-led collaborative project will build an Open Ledger Project using the same core technology innovation that enables Bitcoin.At the heart of the Bitcoin cryptocurrency is blockchain, technology used to help keep track of and verify transactions.

The blockchain idea, however, has the potential for broad applicability beyond just cryptocurrencies, and on Dec. 17 a new Linux Foundation effort is being launched to advance the state of blockchain technology.

Source: Financial and Tech Titans Form Open-Source Blockchain Project