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WHAT IS BLOCK-CHAIN , AND CAN IBM, INTEL, AND BIG BANKS USE IT TO REMAKE THE INTERNET? http://www.extremetech.com/extreme/219651-what-is-blockchain-and-can-ibm-intel-and-big-banks-use-it-to-remake-the-internet Linux was once thought of as the ugly duckling of OS world, an indulgence appealing only to system administrators, power-users, and shut-ins. Today, the Linux kernel underlies Google’s Android OS, the most widespread mobile platform in the world, and when the Linux Foundation announces a new open source initiative, the biggest companies in the world take notice. The group has made its latest such announcement, that it will direct a powerful group of industry leaders in developing and supporting an open source standard for blockchain technology. Dubbed the Open Ledger Initiative (OLI), the just-revealed group already counts tech giants like IBM, Intel , Mitsubishi, and Cisco among its members, along with financial institutions ...