Tagged: open source

Fintech Open Source Foundation (FINOS) Expands into Emerging Technologies

The Fintech Open Source Foundation (FINOS), the financial services arm of The Linux Foundation, will announce at the FINOS Open House at J.P. Morgan its efforts “to spearhead the growth of emerging technologies with the launch of the Zenith Special Interest Group (SIG).” The SIG… Read More

Web 3.0 Adoption: Boson Protocol Appoints Web3 Professional Holly Wood as Director of Business Dev

Boson Protocol, an open-source, foundational infrastructure for facilitating decentralized commerce on Web3, has made the strategic appointment of Holly Wood as Director of Business Development. Holly will be “driving adoption of the protocol after Boson moved from closed beta to open access earlier this month.”… Read More

DLT Adoption: COFRA Holding Joins Hedera Governing Council

The Hedera Governing Council, which stewards the Hedera open source, leaderless proof-of-stake public network, announced that COFRA Holding has joined the Governing Council. COFRA is “a 182-year-old family enterprise with more than 60,000 employees and business activities in sectors including real estate investment, sustainable food,… Read More

USDC Stablecoin Depeg “Protection” Cover Introduced by Etherisc, a Decentralized Insurance Protocol

Etherisc, the open-source, “decentralized” insurance protocol and ecosystem, has launched the first-of-its-kind USDC depeg protection cover to the public. As a peer-to-peer parametric product, customers “receive automatic payouts should the price of the USDC stablecoin fall below its $1 USD pegged value by 0.5% for… Read More

Web3 Adoption: AntChain Unveils Web 3.0 Initiatives with Fintech Industry Partners

Together with its partners, AntChain recently unveiled a series of new Web3 initiatives, including an open-source project featuring its cross-chain technology and AntChain OpenLab, to support Web3 developer community at the 2023 Ant Group Digital Technologies Developer Conference. Web3 is commonly “known as a more… Read More

Blockchain Development: Caldera, Hyperlane to Bring Permissionless Interoperability to its Rollups

Hyperlane and Caldera are pleased to announce their collaboration “to bring permissionless interoperability between any Caldera rollup and to any EVM chain.” Permissionless interoperability “enables any Caldera rollup to self-deploy the Hyperlane interoperability stack and easily access all of its features, ranging from interchain apps… Read More

Linux Foundation Europe Announces New OpenWallet Foundation

Linux Foundation Europe, an independent trusted supporter and vendor-neutral home for open source projects in Europe, announced the official formation of the OpenWallet Foundation (OWF). This new, collaborative effort will “develop open source software to support interoperability for a wide range of wallet use cases,… Read More

Fintech Open Source Foundation (FINOS) Reaches Key Milestones, Sets Strategic Initiatives for 2023

FINOS, the Fintech Open Source Foundation and financial services umbrella of the Linux Foundation, announced its 2022 annual results, “highlighting the growth of the open source movement within the financial services industry, along with their 2023 strategic initiatives.” Led by the more than 2,100 contributors… Read More

Dr. Torsten Stuber: CTO at Pendulum Explains How Use of Stablecoins Affects Developments of DeFi Apps

We recently caught up with Dr. Torsten Stüber, Co-Founder and CTO at Berlin-based Pendulum, an initiative focused on traditional finance infrastructure blockchain solutions, which is “the missing link between fiat and DeFi.” Pendulum is an open-source blockchain built on the “proven” Parity Substrate framework, establishing… Read More

Okcoin, Paradigm Partner on Grant for Bitcoin Core Maintainer Marco Falke

Okcoin and Paradigm have awarded a joint grant to Open Source Bitcoin Core maintainer Marco Falke. With this grant, Okcoin and Paradigm will “provide Falke with a livable income as he works on this open-source, decentralized project.” This is the third consecutive year that Okcoin… Read More

Web3 Platform Tenderly Adds Cronos to Supported Networks, Expanding Support for Smart Contract Devs to Build dApps

Tenderly, creators of a Web3 development platform, and Cronos, a decentralized, open-source, energy-efficient public blockchain with high speed and low transaction fees,  announced the integration between Tenderly and Cronos as well as its testnet. Cronos is an Ethereum Virtual Machine (EVM)-compatible Layer-1 blockchain network built… Read More

Financial Services Professionals Believe Open Source is Valuable to Industry Growth: FINOS Survey

The adoption of open source in the financial services industry is “on the rise, largely led by organizations with Open Source Program Offices (OSPOs), which are more than twice as likely to encourage open source consumption, and nearly three times as likely to encourage open… Read More

Kris Marszalek, CEO of Crypto.com, Says Firm Will be Releasing Audited Proof of Reserves

Kris Marszalek, CEO of Crypto.com, said that they’ve shared the belief that it “should be necessary for crypto platforms to publicly share proof of reserves” and Crypto.com will be publishing their audited proof of reserves. According to the company CEO, this is “a critical moment… Read More

MetaMask, Game7 Unveil HyperPlay, a Web3 App, Focused on Gaming

Decentralized Autonomous Organization (DAO) Game7 and MetaMask announce HyperPlay, which is described as “an open-source desktop application where interoperability is the default for Web3 games.” HyperPlay claims it is “the world’s first Web3-native game launcher, built to make the user experience free of friction for… Read More

ConsenSys Introduces MetaMask Grants DAO to Issue Grants to Developers Worldwide

ConsenSys, a blockchain technology company, announced the launch of MetaMask Grants DAO. This employee-led, fully-funded Decentralized Autonomous Organization (DAO) structure issues grants “to developers outside of ConsenSys, who are building impactful experiences within the MetaMask ecosystem.” It is “open to any meaningful project that adds… Read More

BIAN Introduces Open-Source Specification Tool to Accelerate Digital Transformation

BIAN, the “independent” not-for-profit association, recently announced its Open-Source Specification tool. Through its Open-Source offering, organizations now “have access to a set of message definitions made freely available for modification and redistribution.” The tool has been “developed to further BIAN’s CORELESS BANKING INITIATIVE, which aims… Read More

Open Source Bitcoin (BTC) Focused Fintech Initiative Now Live

ZEBEDEE, a Fintech and next-generation payment processor for the gaming industry, announced a new initiative that “contributes open source code and products to the Bitcoin Lightning space.” The new not-for-profit and completely open source initiative “has already resulted in several products and code repositories that… Read More

The Clearing House Joins Open Invention Network

Open Invention Network (OIN), the organization formed to safeguard open source software (OSS) and now the “largest” patent non-aggression community in history, announced recently that The Clearing House (TCH) has joined “as a community member.” As the nation’s “most experienced” payments company, operating U.S.-based payments… Read More

Gemini’s Superlunar Expands Support for Bitcoin (BTC) Developers

Since launching regulated and secure BTC trading in 2015, Gemini says it has been a passionate supporter of Bitcoin and the blockchain ecosystem. Importantly, Gemini provided grants and sponsorships through the Gemini Opportunity Fund to various groups “supporting the Bitcoin Network, including Bitcoin Developers.” In… Read More

Aleph.im Introduces Open Source Indexing Solution for Solana

Aleph.im, the Web3 cloud platform for computing services, file storage and indexing solutions, announced the launch of their open source and “decentralized” indexing solution for the Solana ecosystem, in order “to accelerate the development of decentralized applications through accessible data queries and integrations.” As the… Read More

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