Language Selection

English French German Italian Portuguese Spanish

FOSS in Finance and Blockchains

Filed under
OSS
  • Jack Dorsey answers our questions about Square’s plans for Bitcoin

    Square is a company best known for its disruptive card payment technology. Founded in 2009 by Twitter CEO Jack Dorsey, the company sells affordable mobile-based point-of-sale systems. But beyond the world of traditional fiat currencies, the firm is making cautious steps into the fast-paced world of cryptocurrency.

    Back in March, Dorsey tweeted that Square was actively recruiting a modest team of cryptocurrency developers and designers to work on open-source contributions to the ecosystem. In the months that followed, Square’s kept quiet about its progress.

  • Jack Dorsey’s open-source Bitcoin initiative makes its first hire

    Jack Dorsey's open-source Bitcoin initiative, Square Crypto, brings on a former Google project manager as its first hire.

  • Nash Prepares to Launch Beta Version of Decentralized Exchange

    With a mission of “bringing distributed finance to everyone,” five open-source blockchain developers have come together to form a distributed finance platform using blockchain technology that allows for decentralized and non-custodial cryptocurrency trading.

  • Target open sources a blockchain solution called ConsenSource; plans to contribute to Hyperledger Grid framework

    Retail behemoth Target has been working on a blockchain proof of concept since mid-2018, the company’s vice president of architecture Joel Crabb wrote in a blog post. The blockchain solution called ConsenSource, which has been recently open-sourced, was developed to manage the certification of Target’s suppliers in the manufacturing of Target-branded paper products.

  • US Retailer Target Unveils Open Source Blockchain for Supply Chain Tracking
  • The Graph: An open-source query protocol for blockchains, using GraphQL

    Anyone who's ever tried to build distributed applications (dApps) on the (Ethereum) blockchain would concur: Although blockchains are conceptually quite close to databases, querying databases feels like a different world entirely compared to querying blockchains.

  • Why cloud is the best defense against AWS [Ed: Adobe keeps sending its stooge Mac Asay to support turning FOSS into de facto proprietary software (sometimes Adobe even pays the publishers to do this])
  • Software below the poverty line [Ed: Overlooks the fact that a lot of proprietary software is not profitable, is a failure, goes bankrupt faster due to high expenditure]

    Most people believe that open source sustainability is a difficult problem to solve. As an open source developer myself, my own perspective to this problem was more optimistic: I believe in the donation model, for its simplicity and possibility to scale.

    However, I recently met other open source developers that make a living from donations, and they helped widen my perspective. At Amsterdam.js, I heard Henry Zhu speak about sustainability in the Babel project and beyond, and it was a pretty dire picture. Later, over breakfast, Henry and I had a deeper conversation on this topic. In Amsterdam I also met up with Titus, who maintains the Unified project full-time. Meeting with these people I confirmed my belief in the donation model for sustainability. It works. But, what really stood out to me was the question: is it fair?

    I decided to collect data from OpenCollective and GitHub, and take a more scientific sample of the situation. The results I found were shocking: there were two clearly sustainable open source projects, but the majority (more than 80%) of projects that we usually consider sustainable are actually receiving income below industry standards or even below the poverty threshold.

More in Tux Machines

Type Title Author Replies Last Postsort icon
Story today's howtos and leftovers Roy Schestowitz 22/08/2019 - 10:28pm
Story OSS Leftovers Roy Schestowitz 22/08/2019 - 10:25pm
Story Security Leftovers Roy Schestowitz 22/08/2019 - 10:21pm
Story Linux Foundation: Automotive Grade Linux Announcement and Calling Surveillance Operations "Confidential Computing" Roy Schestowitz 1 22/08/2019 - 10:08pm
Story GNU Parallel 20190822 ('Jesper Svarre') released [stable] Roy Schestowitz 22/08/2019 - 10:03pm
Story Programming: CI/CD and 'DevRel' Roy Schestowitz 3 22/08/2019 - 9:54pm
Story KDE ISO Image Writer – Release Announcement Roy Schestowitz 22/08/2019 - 8:55pm
Story IBM/Red Hat: OpenShift, CUDA, Jim Whitehurst, VMworld and RHELvolution Roy Schestowitz 22/08/2019 - 8:26pm
Story Programming: Jupyter, Python, Django and Git Roy Schestowitz 22/08/2019 - 8:20pm
Story CoreCtrl: A Radeon Settings Alternative For Linux Roy Schestowitz 22/08/2019 - 8:09pm