Open source business Blockchain technology company Coinprism has released Openchain, an open source, distributed permissioned ledger that targets enterprise and financial institutions.
Unlike bitcoin, which is based on a unique distributed ledger, Openchain will enable users to deploy their own version of the chain, allowing them to potentially cut costs and reduce settlement time.
Speaking about Openchain’s launch, Flavien Charlon, founder and CEO of Coinprism, explained: "Traditionally, settlement of a transaction happens some time after the […]