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.

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