Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that it has hit a major milestone of 100 active members. Six new organizations have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications.
“Not going to lie, getting to 100 members feels great, but the real kudos go to my team and the community,” said Brian Behlendorf, Executive Director, Hyperledger. “The growth and support across the globe is a testament to the need for an open source initiative, like Hyperledger, that accelerates the development of blockchain software and systems to reinvent industries.”
Hyperledger aims to enable organizations to build 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 growth and interest in Hyperledger has been incredible,” said Jim Zemlin, Executive Director, The Linux Foundation. “The project’s ‘umbrella’ vision which welcomes collaboration and hosts many open source distributed ledger technologies encourages developers to find opportunities to work on common code without a top-down single architecture approach and will serve to benefit many industries and applications.”
Hyperledger membership is truly global with 25% in China, 14% in APAC, 20% in EMEA and 41% spread across the U.S. The new members join leaders in finance, banking, IoT, supply chain, manufacturing and technology. The latest members include: Altoros Americas LLC, Beijing Botuzongheng Science & Technology CO., LTD, Chamber of Digital Commerce, Shanghai Gingkoo Financial Technology, Sinolending LTD and ZhongChao Smart Card Research Institute.
“Using Hyperledger, Altoros builds proofs of concepts and smart contract blueprints for financial services use cases,” said Renat Khasanshyn, CEO, Altoros. “For example, we have built a service for companies that wish to challenge clearing houses, a class of intermediaries performing clearing and settlement of over the counter credit default swaps. Moving forward, we plan to use Hyperledger to build similar services and blueprints for debt issuance and trading, syndicated loans, and reinsurance. It is critical for us to support the Linux Foundation, making sure the Hyperledger Project fulfills its mission.”
“We are very proud to have a chance to join Hyperledger and advance all kinds of applications of blockchain,” said Mr. Liu Tianzhao, Director, Beijing Botuzongheng Science & Technology CO., LTD. “Actually, we are now building the biggest Copyright Protection blockchain in industry for CCTV Mirco Movies channel, and are looking forward to working with companies and organizations on that effort.”
The success of Hyperledger is due to the support of the developer community and member companies. Learn how your organization can contribute to the project here: https://www.hyperledger.org/about/join
The Hyperledger project is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger as a Collaborative Project under the foundation. To learn more, visit: www.hyperledger.org