|More from: | Hyperledger |||
In Canada, starting a new business can be like navigating a maze with three levels: local, provincial, and federal. A helpful checklist on starting a business in Canada offers 60+ links to explore. All this red tape frustrates entrepreneurs and governments alike.
To lighten that burden, teams from the governments of British Columbia (BC), Ontario and Canada have started an ambitious project to fight red tape using decentralized identities and trusted credentials. They are jointly building the Verifiable Organizations Network (VON), to provide an open source software stack that helps business people establish trusted and enduring digital identities and speed up applying for permits and licenses from government agencies.
The first project to emerge is OrgBook BC, an online directory
About | Hyperledger |
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.
Think of it as an operating system for marketplaces, data-sharing networks, micro-currencies, and decentralized digital communities. It has the potential to vastly reduce the cost and complexity of getting things done in the real world.
Only an Open Source, collaborative software development approach can ensure the transparency, longevity, interoperability and support required to bring blockchain technologies forward to mainstream commercial adoption. That is what Hyperledger is about – communities of software developers building blockchain frameworks and platforms.