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Chain releases open source version of blockchain platform

Blockchain technology solutions provider Chain has released Chain Core Developer Edition, which is an open source version of its blockchain platform that enables organizations to issue and transfer assets on permissioned distributed ledger networks.

According to the release, the Chain Core is the product of a multi-year effort between Chain and other financial firms in order to build blockchain architecture mapping the use cases of the financial industry. Developers can download and install Chain Core Developer Edition to join blockchain network, build financial applications and access technical documentation and tutorials.

"We are thrilled to give developers everywhere open access to Chain's platform. Chain Core Developer Edition provides a seamless end-to-end experience to design, build, and test prototypes on a system we created from the ground up to suit the scalability and security requirements of the financial industry," Ryan Smith, CTO of Chain said.

The Chain Core Developers Edition is already being leveraged for introducing innovative products by market leaders across the payments, banking, capital markets, and insurance industries. The users and developers have the choice to run their prototypes on a test network that is operated by Chain, Microsoft, and the Initiative for Cryptocurrencies and Contracts (IC3).

"We are delighted to be one of the operators of the Chain test environment," said Professor Andrew Miller, an Associate Director of IC3 and Assistant Professor at the University of Illinois at Urbana-Champaign. "We have collaborated with Chain on protocol design and encourage their approach in order to help developers build secure blockchain applications."

This Chain Core Developer Edition comes with a Java SDK, code samples and getting started guides. It also comes with installers and a dashboard interface for Windows, Mac, and Linux and along with it, Chain has published a complete technical specification of the Chain Protocol, which is a cryptographic protocol that defines the data model, validation rules, and consensus mechanism implemented in Chain Core.

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