Nadal Antonioni, IBM Mexico’s ex-president, has joined the I/O Digital’s foundation board of advisors. The non-profit Blockchain-based organization wa
Nadal Antonioni, IBM Mexico’s ex-president, has joined the I/O Digital’s foundation board of advisors. The non-profit Blockchain-based organization was established to start developing and implementing the enterprise-grade Blockchain. I/O Digital has over the last two years been pushing the Blockchain industry development by coming up with several Blockchain-based business systems. All these operations were funded privately and supervised by the organization’s board members. I/O Digital was recently listed by KPMG among companies appearing on its H2 Ventures Fintech Top 100 list. This was in recognizance of the efforts by the company in pushing for the Blockchain technology commercialization.
Importance of the Connections and presence of Nadal Antonionis
Deloitte emphasized earlier that organizations, financial institutions and startups ought to participate in a number of joint collaborations or consortiums as a way of testing Blockchain-based and Blockchain systems efficiently. Consortiums are great as they help in establishing great connections between the non-profit organizations like the I/O Digital with key financial services providers. These are crucial for the Blockchain testing and implementation phases. Antonini is expected to focus more on developing global expansion and strategic partnershipsof the I/O Digital during his time at the board. The firm ought to establish strategic partnerships with other international corporations to enable it establish an international presence and get a platform to test these technologies.
I/O Digital’s Open Source Software Support
Blockchain companies or consortiums and R3CEV have been heavily criticized by Bitcoin cryptographers and developers due to their avoidance to releasing open source software. It is widely known that without the contribution of community members and developers around the globe, it becomes almost impossible to come up with innovative and robust cryptographic technologies like Bitcoin. This is what made I/O Digital in 2014 to push for the developing and deploying of open source Blockchain to be used by businesses. It recognized that it was only through the open source software that businesses and companies will be involved in the implementation and commercialization of the Blockchain technology freely.