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Why financial infrastructure needs to be open-source — Hyperledger

Why financial infrastructure needs to be open-source — Hyperledger

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Source: Coin Telegraph

Governments and major financial institutions are actively building open-source blockchain solutions on the Linux Foundation’s Hyperledger tools.

Open-source governance and development tools remain prerequisites for governments, organizations and financial institutions that want to leverage blockchain technology.

Speaking exclusively to Cointelegraph at Paris Blockchain Week, Hyperledger executive director Daniela Barbosa discussed why open-source blockchain technology is a non-negotiable requirement for global institutions.

Barbosa, who also serves as the general manager of the Linux Foundation, said shifting critical financial infrastructure onto blockchain protocols hinges on the underlying network being open-source and open governance.

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Author: Gareth Jenkinson