Open source and open standards

As noted previously, the open computing movement laid the groundwork for blockchain and Hyperledger. Open source is a software licensing model. This means that the user has the rights to the code and is free to use it, enhance it, or even redistribute it, provided this is done on an open source basis.

One of the major advantages of an open source business application is the high level of flexibility provided through open source code, modular components, and standards adherence. This enables an organization to adapt the technology to achieve true usability with minimal effort. Many applications that are backed by open source technologies can be assembled, like building blocks, to solve business problems. These ...

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