Chinese tech giant Huawei is launching its own blockchain service platform named as blockchain-as-a-service (BaaS). The platform is based on Hyperledger Fabric 1.0.
IBM and Hyperledger project have joined Decentralized Identity Foundation (DIF) consortium.
Another 10 new organizations joined Hyperledger, a multi-project and multi-stakeholder effort.
The release of Fabric 1.0 means Hyperledger believes its code is fully ready for implementation.
With these 8 new members, the total number of Hyperledger participants has reached 142.
The supply chain platform developed by IBM and Sichuan Hejia aims to streamline flows among buyers, sellers and financiers in the pharmaceuticals space.
The companies have announced plans to launch a new distributed ledger platform that is expected to change and improve the global logistics industry.
Hyperledger Project continues to attract new companies, with the overall number of members now accounting for more than 120 organizations.
Daimler AG has become one of 115 members of the Hyperledger Project working on the creation of common distributed ledger technology.
Hyperledger Project has not only exceeded 100 members for less than a year, but has met significant development milestones in 2016.
Iroha will allow even more developers to create projects and applications based on the distributed ledger technology.
IBM announced a partnership with the Japan-based Bank of Tokyo-Mitsubishi UFJ to use the distributed ledger technology for the execution of contracts among business partners.