Hello Sivaiah Paleti,
You have posted a god discussion but allow me to add a few points. Open source technology has been useful, especially when it comes to financing matters (Howell, Potgieter & Sadowski, 2019). Bitcoin adopted the technology because of the benefits it would bring in the future. In the current century, Bitcoin is one of the most popular cryptocurrencies. The open-source technology allows it to eliminate the need for the central bank. An individual can transact directly without the need for intermediaries.
References
Howell, B., Potgieter, P., & Sadowski, B. (2019). Open-Source or Open-Slather? Governing Blockchain Applications as Common-Pool Resources. SSRN Electronic Journal. doi: 10.2139/ssrn.3427166