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A Second Chance for Stranded Blockchain Projects?

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By David Bryan on August 14, 2024 Crypto News
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In the enthusiasm surrounding blockchain technology in 2017, numerous blockchain projects were launched; some were doomed from the start, while others had clear objectives and real- world applications. However, in recent years, the investment climate for blockchain startups has dried up, and debt burdens have increased, causing several promising blockchain projects to shut down. This trend could impact the further development of the blockchain industry.

Solid Digital is stepping in to address this issue by acquiring relevant blockchain projects from bankrupt companies and releasing them under an open-source license. This initiative aims to ensure that these projects’ source codes remain available for public use and further development.

The first blockchain project released by Solid Digital is a blockchain gateway designed to help enterprise software easily connect with blockchain technology. The source codes can be found here: GitHub – Solid Digital Blockchain Gateway.

End of Release

Solid Digital is committed to supporting the blockchain community by salvaging and revitalizing projects that have the potential to contribute significantly to the industry. Through their open- source initiative, they aim to empower developers and businesses to continue exploring and leveraging blockchain technology for various applications.

Contact details

Roderick de Wit

r.dewit@soliddigital.nl

www.soliddigital.nl

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