If banking were more Open Source, we would need less Wikileaks

Written By
Web Webster
Web Webster
Dec 13, 2010

[ Thanks to M. Fioretti for this link. ]

“Banks are important. The world economic crisis is due for a good part to insufficient transparency in banks. Wikileaks next document drop may target banks. And a small group of activists is trying to solve those bank problems in a (Open Source) way that may make Wikileaks less necessary.

“I already wrote about real openness at the last Open World Forum, but during that conference I also met Simon Redfern of the Open Bank Project (OBP). We only had a few minutes, so Simon could give me only an extra-short explanation, but it was enough to let me eager to know more.

“The Open Bank Project develops Open Source Software called the OBP API (Application Programming Interface). In general, an API is a piece of software and/or a set of rules that many independent programmers can embed into their own software programs to make them talk to each other.”

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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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