Bloq’s Jeff Garzik Elected to Linux Foundation Board of Directors

Jeff Garzik, CEO and co-founder of enterprise-grade Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term solutions provider Bloq, has been elected as a representative to the Board of Directors for The Linux Foundation - a nonprofit organization promoting open source software. This key appointment recognizes Garzik’s commitment to innovating with open source technologies.

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Before co-founding Bloq, Garzik was a Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term core developer, and spent over ten years at Linux distributor Red Hat. His work with the Linux kernel is now found in every Android phone and data center running Linux today.

“Open source is vital to fostering and developing innovative technologies,” said Garzik. “We saw this in the early days of Linux, and the parallels with blockchain-enabled technologies are undeniable. Red Hat made Linux accessible to enterprise companies, now Bloq is doing the same for blockchain.”

Bloq is also a member of the Hyperledger Project, an open source initiative of The Linux Foundation. Hyperledger is a collaborative effort to advance blockchain technology by identifying and addressing important features for a cross-industry open standard for distributed ledgers.

“We’re pleased to welcome Jeff to The Linux Foundation Board of Directors,” said Jim Zemlin, Executive Director of The Linux Foundation. “His election by his peers of over 200 Linux Foundation members is testament to Jeff’s reputation as both a technologist and a strategist."

Garzik will be joining a board that features members from leading enterprise technology companies including Cisco, Fujitsu, Hitachi, HP, IBM, Intel, Oracle and Samsung.