The Week In Bitcoin - Issue #70: Open Sourcing Is The New Black

Open Sourcing Is The New BlackRecently, Chain and R3 announced that they were open sourcing their cor
The Week In Bitcoin
The Week In Bitcoin - Issue #70: Open Sourcing Is The New Black
By Alan Tsen • Issue #70 • View online
Open Sourcing Is The New Black
Recently, Chain and R3 announced that they were open sourcing their core products. This is a clear change in direction for both companies, as it previously seemed that they were both going down the ‘permissioned partner’ blockchain route.
Although I’m sure that R3 and Chain would argue that this was always on the roadmap, my guess would be that after much effort working with partners they both realised that a platform (which is what a blockchain really is) has little value unless there are developers building on it. Having a rich tapestry of applications built on your platform matters and this is where I predict most will be now turning their attention to. 
Some take the view that 2017 will be the year that PoCs go production ready. In contrast, I think 2017 will be the year that blockchain infrastructure startups go aggressively after developer mindshare. Expect more blockchain hackathons and developer evangelists at conferences as these companies realise that banks and other industry incumbents won’t be the ones that build the future of blockchain tech - it’ll actually be developers looking to solve problems in a novel way. 
— Alan Tsen, @alantsen 👊💯
Ps. If you like what I’m doing here please feel free to share it on your favourite social media network. Also, it’d be great if you forwarded this newsletter to a friend you think might enjoy it.

This Week In Blockchain Open Sourcing
Board meetings this week at Blockchain startups be like....
Board meetings this week at Blockchain startups be like....
News This Week
Did you enjoy this issue?
Alan Tsen

The Week In Bitcoin is a curated newsletter that's sent to your inbox every Friday filled with all the most important Bitcoin and blockchain tech news. It takes 10 minutes to read and gives you all the essential news. So subscribe now and find out why many of the industry's biggest names get their weekly dose of Bitcoin news from us.

Carefully curated by Alan Tsen with Revue. If you were forwarded this newsletter and you like it, you can subscribe here. If you don't want these updates anymore, please unsubscribe here.