According to “Connecting Capabilities: the Asian Digital Transformation Index”, a report by The Economist Intelligence Unit, digital transformation continues to be a high priority for business leaders, as efforts in that space can lead to improved innovation, streamlined processes, cost savings, and the creation of new offerings that can both create new markets and defend against competition from disruptors.
Protocol Labs has been instrumental in developing the so-called decentralized web, which aspires to create an online network beyond the control of governments or tech giants like Amazon and Google. It has already built an important new communications standard, known as IPFS, and raised a giant war chest thanks to digital token sales in 2017. The most notable of these sales relates to Filecoin, which raised $257 million to build a decentralized file storage system.
Matrix is an open platform for secure, decentralized, realtime communication.
From a client’s viewpoint, Matrix is a thin set of HTTP APIs for publish-subscribe (pub/sub) data synchronization; from a server’s viewpoint, it’s a rich set of HTTP APIs for data replication and identity services. On top of these APIs, application servers can provide any service that benefits from running on Matrix. Principally, that has meant interoperable chat, but Hodgson noted that any kind of JSON data could be passed, including voice over IP (VoIP), virtual or augmented reality communications, and IoT messaging.
With all this pushback, why is Redis taking this approach? It’s largely because AWS ElastiCache provides Redis services without Redis getting paid for it. Redis is combating this by placing new code modules under Common Clause. As Salil Deshpand, a venture capitalist with BaenCapital, explained, “Amazon takes Redis, gives very little back, and runs it as a service, re-branded as AWS Elasticache. … To be clear, this is not illegal. But we think it is wrong, and not conducive to sustainable open-source communities.” Thus, “Common Clause stops open-source abuse.”
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Yosemite X, a blockchain technology company, today announced the release of its open-source public blockchain that operates without a native cryptocurrency, giving developers and businesses the ability to build solutions and reduce costs, without the price volatility of crypto.
This approach enables companies to reap the benefits of blockchain – greater transparency, enhanced security, increased efficiency, speed of transactions at scale – and pay for their network usage with more stable fiat currencies.
…once observability becomes deeply embedded, an organization’s decision making will evolve from data-driven, to data-originated, where outputs not only inform decisions, but suggest decisions.
Cloud giants like AWS have adopted open source databases, causing Confluent, MongoDB and others to guard their assets the best way they know how: licensing.
“There is a new and unique dynamic with public cloud providers, particularly AWS, who take open source software and sell it as a service, often without contributing much of anything back to the community. There is even a name given to this: strip mining.”
Facebook’s messaging services . . . run on closed standards and don’t play nice with platforms created by third parties.
Is there a way out? Pranesh Prakash – a Fellow at the Center for Internet and Society, as well as a Fellow at the New America think tank – believes that the answer lies not in breaking up Facebook over privacy laws, but in competition, and regulators at the government level should demand Facebook use open standards for its messaging platforms.
If you combine IBM’s acquisition with Microsoft’s buyout of GitHub last year, at the very least you could say that the open source game is changing. These events communicate an increasing interest from the enterprise space in open source technologies as bankable prospects, with big tech companies willing to drop serious cash to boost their name in the field and amongst communities. Also, it is for this reason – amongst others – that it has a decent amount of potential as a driver of the digital economy going forward.
Registration required, not recommended. Just know that open source is becoming VERY profitable and will ultimately destroy Amazon, Facebook, IBM, Google, MeetUp, Microsoft, Oracle, and Twitter, among others.