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10 Members Joined Hypeledger Project to Create Advanced Blockchain Technology

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced 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. Hyperledger now has 95 members, making it the fastest growing collaborative project ever hosted by the Linux Foundation.

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.

News Characteristics

Date : Oct 24, 2016
Region : North America
Industry : Banks
Function : Operations and IT
Sub-Function : IT Modernization/Transformation