Not-for-profit open source group The Linux Foundation has announced a new collaborative effort that aims to advance the Blockchain, the technology that powers Bitcoin.
The project is aiming to develop a new enterprise-grade, open-source distributed ledger framework based on the existing Blockchain with a goal of allowing developers to focus on building robust, industry-specific applications, platforms and hardware systems to support business transactions from the resultant open source code.
Initial members of the initiative include a highly impressive list of finance firms including Accenture, ANZ Bank, Cisco, CLS, Credits, Deutsche Börse, Digital Asset Holdings, DTCC, Fujitsu, IC3, IBM, Intel, J.P. Morgan, London Stock Exchange Group, Mitsubishi UFJ Financial Group (MFUG), R3, State Street, SWIFT, VMware and Wells Fargo.
http://siliconangle.com/blog/2015/12/20/linux-foundation-announces-bitcoin-blockchain-initiative-to-develop-new-fintech-applications/
