Blockchain is a digital ledger that can be used to create secure, cost-efficient business networks that do not require a centralised point of control.
Speaking to Wired, Linux Foundation head Jim Zemlin defrayed possible discussion about a "proprietary" blockchain for the "majors", emphasising that Open Ledger - which the same report mentions may end up being named "Hyperledger" - is designed not only to be more flexible and instance-based but also is meant to collaborate with other blockchain infrastructures, commenting "We have a lot of confidence in this process".
http://hintsnewsnetwork.com/2015/12/25/ibm-launches-open-source-blockchain-project-backed-by-linux.html
