FINOS: Launches decentralized ecosystem growth program

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FINOS: Launches decentralized ecosystem growth program

  • Open innovation in financial services announced the launch of a new Program focused on decentralized ecosystem growth (DEG)
  • Program is to build an open community that works together to reduce development complexity for decentralized applications in financial services
  • Focus of the program is building a high-quality collection of modern, open-source tools that businesses can use to address real business problems in novel ways
  • Experimenting more with powering more and more mission-critical applications with open source software
  • DEG program will allow financial services firms to not only collaborate to iteratively evaluate, deploy, and build technology across firms
  • Program will seeded with contributions from Clovyr, IHS Markit, and other FINOS Members