Bitcoin Forum
January 17, 2018, 05:42:13 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2017-11-09] Just 8% of open-source blockchain projects are still active  (Read 2378 times)
Ouissem
Member
**
Offline Offline

Activity: 98


View Profile
November 09, 2017, 05:30:21 PM
 #1

There were more than 26,000 new blockchain projects last year – only 8% are still active

  • More than 26,000 open-source blockchain projects were created on the software collaboration platform GitHub in 2016
  • Just 8 percent of these projects remain actively maintained, according to Deloitte

It is one of the fastest growing technologies around, but the majority of blockchain projects are abandoned within months, according to researchers.

More than 26,000 open-source blockchain projects were created on the software collaboration platform GitHub in 2016, research by auditing giant Deloitte has revealed.

But despite the overwhelming amount of interest in the technology, just 8 percent of these projects remain actively maintained.

"The stark reality of open-source projects is that most are abandoned or do not achieve meaningful scale," Deloitte researchers said. "Unfortunately, blockchain is not immune to this reality."

They added: "Note that about 90 percent of projects developed on GitHub become idle, and the average life span of a project is about one year, with the highest mortality rate occurring within the first six months."

Blockchain is a form of distributed ledger technology that allows vast amounts of data to be stored across a network of computers rather than in one localized server.

A number of large firms have expressed increasing interest in the technology as of late, particularly among those in the financial services.

In October, IBM developed a new blockchain-based payment platform to speed up cross-border payments. A number of international banks collaborated on the project, including BBVA, Bank Danamon and National Australia Bank.

Later that month, Hong Kong and Singapore's central banks agreed to work together on a cross-border trade finance network based on blockchain technology.

Source : CNBC
1516167733
Hero Member
*
Offline Offline

Posts: 1516167733

View Profile Personal Message (Offline)

Ignore
1516167733
Reply with quote  #2

1516167733
Report to moderator
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- gmaxwell
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1516167733
Hero Member
*
Offline Offline

Posts: 1516167733

View Profile Personal Message (Offline)

Ignore
1516167733
Reply with quote  #2

1516167733
Report to moderator
1516167733
Hero Member
*
Offline Offline

Posts: 1516167733

View Profile Personal Message (Offline)

Ignore
1516167733
Reply with quote  #2

1516167733
Report to moderator
1516167733
Hero Member
*
Offline Offline

Posts: 1516167733

View Profile Personal Message (Offline)

Ignore
1516167733
Reply with quote  #2

1516167733
Report to moderator
Extr22
Jr. Member
*
Offline Offline

Activity: 43


View Profile
November 09, 2017, 06:13:20 PM
 #2

may be only success projects is 10 and bitcoin is only one get trust + high price
Embeco
Member
**
Offline Offline

Activity: 75


View Profile
November 09, 2017, 08:38:39 PM
 #3

This does not surprise me the least. Compare that to non-blockchain open source projects. Would surprise me A LOT if these had a higher percentage...
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!