Qualifying iOS and macOS developers can now remotely build software on a Mac mini, provided by MacStadium specifically to support the creation of open source apps.
According to McKinsey, among the positive signs noted by banks for 2021, apart from an overall opportunity to accelerate growth in digital payments, is the use of real-time payments infrastructure to offer fully digitised customer experiences. This will improve the flexibility and the cost of their operating models through the usage of APIs and by offering payments-as-a-service (PaaS) that enable industry utilities to build scale etc.
Many banks choose to partner with technology providers to expand quickly and modernise their product portfolio and offerings to meet customer expectations in banking, lending, payments, and money management.
The project will develop an enterprise grade, open source distributed ledger framework and free developers to focus on building robust, industry-specific applications, platforms and hardware systems to support business transactions, said a statement.
IBM plans to donate tens of thousands of lines of its existing codebase and its corresponding intellectual property to the open source community. And Digital Asset will contribute the Hyperledger name to the project, which will be used for future branding of this effort.