Hyperledger Project has not only exceeded 100 members for less than a year, but has met significant development milestones in 2016.

Hyperledger Project, a collaborative effort created to adopt blockchain technology for business aims, has attracted eight members to join the project. The new participants are CA Technologies, Factom Foundation, Hashed Health, Koscom, LedgerDomain, Lykke, Sovrin Foundation and Swisscom. Together, companies will continue creating an open standard for distributed ledgers for a new generation of transactional applications.

The new members express confidence that joint efforts of all companies of Hyperledger Project will disrupt the way people do business nowadays.

“To compete today, every company needs to foster innovation that delivers real business value. Blockchain has the potential to disrupt the way many of CA’s customers do business,” said Otto Berkes, chief technology officer, CA Technologies. “We’re honored to be a part of Hyperledger and look forward to collaborating with other members to help shape open standards for blockchain. It’s an exciting time for this because blockchain is not just about Bitcoin anymore, and the range of potential applications with it is vast for of our customers. This partnership will help us influence what that future looks like for both CA and our customers as they embark on their digital transformation journey.”

“We’re looking forward to being part of the Hyperledger project,” said Richard Olsen, Lykke founder and CEO. “Our company is building a digital asset exchange. Right now, we’re implemented on the Bitcoin blockchain settlement layer, with Ethereum to come within the next few months, but our involvement with Hyperledger isn’t just the next step forward. Providing decentralized settlement on the Hyperledger blockchain with multisignature wallets and atomic swap transactions will benefit both of our user communities.”

Hyperledger Project aims at development of robust, industry-specific applications, platforms and hardware systems to support individual business transactions by creating an enterprise grade, open source distributed ledger framework and code base.

It is hard to deny that this year was very successful for Hyperledger. Last month, it announced that 100 active members had joined the project in less than one year, a huge milestone for the open source project, hosted by The Linux Foundation.

“This year has been full of growth for the project,” said Brian Behlendorf, Executive Director, Hyperledger. “Not only did we exceed 100 members, Hyperledger met significant development milestones thanks to the community’s hard work. As 2016 was a year of exploration, R&D and prototyping, we’re excited for 2017 to be the year we start to see case studies of the technology in production environments.”

Last month, Hyperledger unveiled a new distributed ledger project called Iroha. The project is to provide a development environment where C++, web, and mobile application developers will be able to contribute to the Project.

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