Nadal Antonioni, the former president of IBM Mexico, recently joined the foundation board of advisors at I/O Digital, a non-profit Blockchain organization established to lead the development and implementation of enterprise-grade Blockchain.

Over the past two years, I/O Digital has pushed the development of the Blockchain industry, building various Blockchain-based systems for businesses. All of the operations led by the company were privately funded and overseen by the board members of the organization.

KPMG, one of the Big Four auditors, recently listed I/O digital as one of the companies in its H2 Ventures Fintech Top 100 list, recognizing the company’s efforts in pushing the commercialization of Blockchain technology.

Importance of Nadal Antonioni’s presence and connections

As Deloitte mentioned earlier this week, startups, organizations and financial institutions must participate in consortiums or joint collaborations in order to test the Blockchain and Blockchain-based systems efficiently.

Consortiums establish connections between non-profit organizations like I/O Digital with major financial service providers that are crucial for the implementation and testing phases of the Blockchain.

During his stay at the advisory board of I/O Digital, Antonioni will focus on developing strategic partnerships and global expansion of I/O Digital. By entering into strategic partnership with international corporations, the firm will be able to establish a global presence as well as secure a platform to test their technologies.

I/O Digital’s support for open source software

R3CEV and many other consortiums or Blockchain companies have received harsh criticism from Bitcoin developers and cryptographers for avoiding the release of open source software.

Without the contribution from developers and community members across the world, it is virtually impossible to build a robust and innovative cryptographic technology like Bitcoin.

Thus, since 2014, I/O Digital has pushed the development and deployment of open source Blockchain for businesses, recognizing that only through open source software will companies and businesses be able to implement and commercialize Blockchain technology freely.