| | NOVEMBER 30th, 2016
"An investment in knowledge pays the best interest."
– Benjamin Franklin
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The Corda blockchain is now open source.
On schedule, R3 has released the code to Corda, a distributed ledger technology that allows users to determine how much information is shared between parties.
With this release, R3 hopes that the developer community will actively contribute to the platform and help to solve outstanding issues, as well as expand its application beyond the banking sector.
Making the code open source is the first step in R3’s submission of Corda to the Hyperledger network, which includes blockchain platforms such as IBM’s Fabric and Intel’s SawTooth. Could we soon start to see inter-blockchain projects open up the potential of interconnectivity? (Read the full story.)
Wait, there's more:
· Smart contract law. An event in New York yesterday addressed the legal challenges of smart contracts. Touching on the transparency/confidentiality conflict as well as the need for accuracy, understandable language and standards, the group of blockchain professionals also laid out best practices and design principles. Read more.
· Hyperledger grows. The Hyperledger project has added six new members, bringing the total number to over 100. Of the six, four are in China, which reflects growing blockchain interest in the region and Hyperledger’s recent focus on Chinese relationships. Read more.
· Messaging app. Ethereum will soon have a wallet app called Status that looks like a messaging platform. Inspired by WeChat, users will be able to make payments, access other apps, keep up with social media, and of course, message. Read more.
· Ether blues. The price of ether has dropped to its lowest level in seven months, following a series of technical challenges and hard fork fallout. Sources also cite slower adoption and developer growth as factors in the price slump. But are these negatives enough to offset the innovation potential? Read more.
· Smart governance. The government of the United Arab Emirates is sponsoring a virtual blockchain hackathon. The aim is to encourage applications in digitized government, e-identity and connected cities. The winners will be announced at the World Government Summit in Dubai in February. Read more.
· Blockchain definition. In a new white paper, bitcoin mining and blockchain services firm Bitfury aims to define “blockchain” by parsing out the underlying key technologies, and asserts that all blockchains must provide auditability and accountability. Read more.
· Supply logistics. A group of Dutch institutions, including ABN Amro and the Port of Rotterdam, have formed a consortium to test blockchain logistics. Also taking part are a major floral auction house, universities, technology providers and other research initiatives. Read more.
BTC: $740.85 +1.2%
ETH: $8.46 +3.9% at 10:00am EST more details
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