The importance of open source for blockchain technologies

  • open source for blockchain means a public and transparent way to keep records. One application of this transparency is governance to enable transparency within organization decision making.
  • to spread the technology and identify other potential applications of blockchain. Open source can be a great facilitator of ideas and further development [2].
  • open source also facilitates decentralization, since there isn’t one central “source of truth”. Decentralization is vital to ensure the safety, security, and variability of transitions in the blockchain.

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Isabella Ferreira

Isabella Ferreira

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I'm a PhD Candidate in Computer Engineering at PolyMTL. I'm passionated about Free/Libre and Open Source Software (FLOSS) development.