Yes, open JDK8 is reference implementation for JAVA SE8.
The official
  Reference Implementations for Java SE 8 (JSR 337) are based solely
  upon open-source code available from the JDK 8 Project in the OpenJDK
  Community. Binaries are provided for both the Linux x64 and Windows
  i586 platforms and Compact Profiles for Linux i586.
The binaries are available under two different licenses: The GNU
  General Public License version 2, with the Classpath Exception and the
  Oracle Binary Code License . For a given platform the binaries under
  different licenses are built from exactly the same source code and are
  functionally equivalent; the only real difference is the license
  itself. Which license you choose will depend upon your particular
  business and legal requirements.
Source: http://jdk.java.net/java-se-ri/8