Huawei, the World’s Largest Telco Manufacturer, Joins Linux’s Blockchain Open Source Project Hyperledger

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The Hyperledger Project, a collaborative cross-industry effort created to advance Blockchain technology, announced today at Money20/20 in Las Vegas that 10 new members have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications.

Including the behemoth of a company, Huawei from China. Huawei has over 170,000 employees and around 76,000 are engaged in research and development. 

Hyperledger now has 95 members, making it the fastest growing collaborative project ever hosted by the Linux Foundation.

“I am pleased to see the Hyperledger community growing so rapidly and on such a global scale,” said Brian Behlendorf, executive director of the Hyperledger Project. “The support from these new members is extremely beneficial and their varied expertise will help drive our open Blockchain technology efforts forward, as well as ensure that future projects are developed with best practices in mind from the onset.”

Hyperledger Project is working to enable organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating an enterprise grade, open source distributed ledger framework and code base.

The new Hyperledger members join a rapidly growing and diverse group across finance, banking, Internet of Things, supply chains, manufacturing and other technologies. The latest members include: Huawei, Hundsun Technologies Inc., Hyperchain Technologies (Hangzhou Qulian Technologies Co., Ltd.), Murphy & McGonigle, P.C., National Stock Exchange of India, Nokia, theloop Inc., Sberbank, Shenzhen Qianhai Zhaogu Financial Service Co. Ltd. and Shenzhen Xinguodu Technology CO.,LTD.

Richard Kastelein

About Richard Kastelein

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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