Blockchain Project Hyperledger Welcomes 10 New Members

| Updated
by Maria Konash · 3 min read
Blockchain Project Hyperledger Welcomes 10 New Members
Photo: Hyperledger/Facebook

Another 10 new organizations joined Hyperledger, a multi-project and multi-stakeholder effort.

10 new organizations have joined the Hyperledger project, the Linux Foundation-backed consortium and an open source collaborative effort created to advance cross-industry blockchain technologies.

Launch of Hyperledger Fabric 1.0, the consortium’s first production ready blockchain framework announced last month, might have served as an additional impetus for the growth.

As a multi-project and multi-stakeholder effort, created to advance blockchain technology by identifying and addressing important features for a cross-industry open standard for distributed ledgers, Hyperledger, serves as an incubator for several business blockchain and distributed ledger technologies including among others Hyperledger Sawtooth, Hyperledger Iroha and Hyperledger Indy.

10 new members, which have joined the project, include seven “general” three “associate” members. General members include such companies as Capgemini Financial Services, Revelry Labs, Smart Link Labs and TradeIX. China-based ANNE, Beijing RZXT Technology Development and New H3C Technologies.

The three associate members in their turn are: Accord Project, Tecnalia Research & Innovation and the University of Luxembourg. The new entities which entered the project are operating on both the technology and financial sectors. In other words, Hyperledger is a global collaboration including leaders in finance, banking, IoT, supply chain, manufacturing and technology.

Being launched in 2015, it exceeded 100 members – startups and organizations lined up with the effort, in 2016.

“Welcoming this many new members from all over the world in various industries is great to see,” said Brian Behlendorf, Executive Director, Hyperledger. “The added support comes at a perfect time, with the recent launch of Hyperledger Fabric 1.0 and the goal of working together as a community to reach and promote production deployments of the technology this year. These new members will be advantageous in our efforts in building open blockchain software and pushing more Hyperledger projects to 1.0.”

Hyperledger’s main aim is to create an enterprise grade, open source distributed ledger framework and code base, which will enable organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions.

Hyperledger supports an open community that values contributions and participation from various entities, not only businesses backed by large capital. Consequently, there is a possibility for pre-approved non-profits, open source projects and government entities to join Hyperledger at no cost as Associate members. Several recent Associate members, for example, include the Accord Project, Tecnalia Research & Innovation and University of Luxembourg.

Earlier this year Hyperledger partnered with such corporations as Deloitte, Ernst & Young LLP, Bank of England and Federal Reserve Bank of Boston. Samsung SDS together with another 17 companies joined the effort last year.

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