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Blockchain additionally affords the power to determine what personal knowledge is and isn’t shared with companies—the same concept behind the motive force’s license analogy. Public blockchains like Bitcoin were the open-source movement that began it all, and personal blockchains comparable to R3 are taking that know-how and commercializing it for businesses.
Brian Forde, Director of Digital Forex at the MIT Media Lab, likens public versus non-public blockchains to the connection between an open-source expertise, corresponding to Linux, and firms like Crimson Hat that build on that tech for enterprise use.
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