Microsoft has joined the Open Invention Network (OIN), the North Carolina-based open-source patent community that launched in 2005 with a mission to protect Linux and Linux-related software. In joining OIN, Microsoft is essentially granting an unrestricted, royalty-free license for its patents to the community’s 2,650 members. Microsoft’s corporate VP and chief IP counsel Erich Andersen said the company is pledging its “entire patent portfolio to the Linux system. That’s not just the Linux kernel, but other packages built on it.” Continue reading Microsoft Joins OIN, Open Sources its Entire Patent Portfolio

According to Forrester Research, many blockchain-based software projects are ending this year and 90 percent of them will never be integrated into the companies’ operations. Blockchain/cryptocurrencies advocate Nasdaq stated in 2016 that it would deploy blockchain for voting in shareholder meetings, but has yet to deploy any large-scale project. The initial enthusiasm over blockchain seems to be dying down, while some traders are manipulating cryptocurrency prices to enrich them but leave investors in the cold. Continue reading Adoption of Blockchain Technology Is Slower Than Expected

More than 70 of the world’s biggest financial institutions publicly released Corda, a blockchain platform that may become an industry standard. R3, a New York-based financial tech company, created a consortium that is behind Corda. Blockchain, which evolved from the digital currency Bitcoin, is similarly a digital means of replacing the use of hard currency with a Web-based transaction system. Via a “shared record” of data in a secure network, Blockchain avoids the need for third-party verification. Continue reading Consortium Unveils Blockchain Platform for Financial Services