Article: Why Istio is winning the open source service mesh race [Q&A]

API, Open Infrastructure, Spectrum

Why Istio is winning the open source service mesh race [Q&A]

In recent years the use of microservices has helped to streamline development processes. But there’s still an issue with managing communication between services. Service mesh is a technology that adds uniform networking capabilities right across the program stack but is decoupled from the application code itself.

There are a number of competing options available to implement service mesh. We spoke to Lin Sun, director of open source at Solo.io to find out why she believes the IBM/Google open source project, Istio is the clear winner.

Read Full Article

Article: Payments Firm 2C2P Partners Brankas to Bring Open Banking to Indonesia

API, Money, Open Governance, Open Infrastructure

Payments Firm 2C2P Partners Brankas to Bring Open Banking to Indonesia

Brankas, an Indonesian open banking provider, announced a strategic partnership with payments firm 2C2P to introduce their modern open banking solution to Indonesia. Through Brankas‘ API integration, customers of 2C2P’s merchants will be directly connected to major Indonesian banks including Bank Central Asia (BCA), Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia.

Built on the principles of open banking, the partnership allows Indonesian businesses to offer customers a direct debit option during the checkout process to make payments from their personal banking accounts with the afore-mentioned banks immediately.

Read Full Article

Article: Why The 21st Century Cures Act is an Innovators Dream

API, Cures, Drugs, Open Health, Open Infrastructure, Procedures (Medical)

Why The 21st Century Cures Act is an Innovators Dream

Designed largely to accelerate medical product development and get new medications and treatments through the development process faster, the 21st Century Cures Act is a significant piece of legislation that  passed in 2016.

Some of its provisions are also meant to empower patients with more information about their own . The ONC Cures Act Final Rule in particular — which will go into effect in April of this year — says that providers must make patients’ electronic health records (EHRs) available to them. This means that data is unequivocally going to be in the hands of patients. It means better care for patients, but it also means that a whole new set of services and innovations will be possible.

Read Full Article

Article: 5 top open-source infrastructure projects

API, Open Infrastructure

5 top open-source infrastructure projects

Open source is at the heart of many technologies pushing enterprise infrastructure forward, and here are of the five most important. Open source software has been a key underpinning of enterprise IT for years, so it’s no surprise that it’s helping to drive the infrastructure part of the equation forward just as much as application development.

Some projects are much more influential than others, and here are five that are doing the most to help enterprise infrastructure keep pace with the demands of an ever-more sophisticated operating environment.

Read Full Article

Article: API3 and Open Bank Project team up for decade-long blockchain venture

API, Money, Open Governance, Open Infrastructure

API3 and Open Bank Project team up for decade-long blockchain venture

Developer AP13 has entered into a 10-year development partnership with Open Bank Project to connect more than 400 banking and open banking APIs directly to blockchains. The partnership brings about an historic opportunity to merge open banking data into Web 3.0 in a highly secure and trustless manner via API3’s Airnode, all housed under open-source code.

Open banking is a practice by which banks provide authorised third-party providers with access to banking data through the use of application programming interfaces (APIs). Perhaps the most well-known open banking initiative is the revised Payment Services Directive (PSD2) – an EU regulation passed in 2015 that requires banks to create mechanisms that enable third-party providers to work securely, reliably and rapidly with the bank’s services and data on behalf and with the consent of their customers.

Read Full Article

Article: Deutsche Telekom Invests in Public Blockchain Network Celo

API, Money, Open Governance, Open Infrastructure

Deutsche Telekom Invests in Public Blockchain Network Celo

Deutsche Telekom is investing in the future of the decentralized financial economy – with a significant purchase of Celo’s native asset (CELO). Celo is an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone. Deutsche Telekom will be the first telecommunications company to join the global Celo Alliance for Prosperity.

“Our investment in CELO, combined with infrastructure operated by T-Systems, allows our company to take a strategic approach to participating in a public blockchain network. We are able to secure the Celo network with our investment and our own cloud infrastructure while facilitating user onboarding and use-case development on top of the Celo network,” says Adel Al-Saleh, Member of the Board of Management of Deutsche Telekom AG and CEO of T-Systems.

Read Full Article

Article: Data security: The paramount aspect of open banking

Access, API, Money, Open Decision-Support, Open Governance, Open Infrastructure

Data security: The paramount aspect of open banking

Open banking, a practice that provides third-party financial service providers an open access to consumer banking, transaction, and other financial data from banks and NBFCs through the use of application programming interfaces (APIs), has been rapidly catching up and is said to be the future of financial technology.

While this has several benefits, the innovation is also a high-risk practice as it involves sharing of and trading vast amounts of data. And while financial technology, over the past few years, seen tremendous growth in India, the Covid pandemic has facilitated a huge surge.

Read Full Article

Article: Tecton teams with founder of Feast open source machine learning feature store

API, Innovation, Open Infrastructure, Open Space

Tecton teams with founder of Feast open source machine learning feature store

Tecton, the company that pioneered the notion of the machine learning feature store, has teamed up with the founder of the open source feature store project called Feast. Today the company announced the release of version 0.10 of the open source tool.

The feature store is a concept that the Tecton founders came up with when they were engineers at Uber. Shortly thereafter an engineer named Willem Pienaar read the founder’s Uber blog posts on building a feature store and went to work building Feast as an open source version of the concept.

Read Full Article

Article: Chatbots and GPT-3: Using human knowledge and relevant context for better chatbot experiences

API, Innovation, Language, Open Data, Open Infrastructure, Open Space

Chatbots and GPT-3: Using human knowledge and relevant context for better chatbot experiences

GPT, or Generative Pre-trained Transformer, is an autoregressive language model that uses deep learning to produce human-like texts. GPT-3 is the third generation of the GPT series launched by OpenAI, an innovative company co-founded by the famous tech-prodigy Elon Musk. OpenAI started giving selective access to the technology starting July 2020 to stimulate the use of GPT-3 to build language based solutions.

Such language comprehension in AI comes at a much-needed time, with many of us now operating in a disparate digital landscape. By the end of 2021, 80% of businesses are expected to have some sort of chatbot automation, however the user experience with chatbots to date has been a rocky one.

Read Full Article

Article: Tecton Unveils Major New Release of Feast Open Source Feature Store, the Fastest Path to Production for Machine Learning Data

API, Open Infrastructure, Open Source

Tecton Unveils Major New Release of Feast Open Source Feature Store, the Fastest Path to Production for Machine Learning Data

Tecton, the enterprise feature store company and primary contributor to Feast, today announced Feast 0.10, the first feature store that can be deployed locally in minutes without dedicated infrastructure.

The new release makes it possible for data scientists to reap the benefits of a functionally complete feature store with no infrastructure overhead or maintenance. Feast has seen strong adoption to date with more than 1,700 GitHub stars and contributions from Agoda, Cimpress, Farfetch, Google Cloud, Tecton and Zulily.

Read Full Article