Hyperledger Project Now Sports 100 Members, Growth in China

Hyperledger Project - a collaboration creating an enterprise grade, open source Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term framework and code base - has hit a major milestone of 100 active members as six new organizations have joined in.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

“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.”

“The growth and interest in Hyperledger has been incredible,” commented 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.”

Global expansion

Hyperledger members now come from all over the world: 25% from China, 14% from APAC, 20% from EMEA and 41% from the U.S. 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.

“We are very proud to have a chance to join Hyperledger and advance all kinds of applications of blockchain,” said Mr. Ruan Yong, CEO, Beijing Botuzongheng Science & Technology CO., LTD. “Actually, we are now building the biggest Copyright Protection blockchain for CCTV, and are looking forward to working with companies and organizations on that effort.”

“As an IT solution provider for financial institutions with more than 70 clients all over the world, Gingkoo is a leading Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term company,” commented Bruce Zeng, Manager, Gingkoo Blockchain Department. “To explore how to serve banks with DLT in China, we have developed our own Starfish-chain and established partnerships with many blockchain companies worldwide. We believe blockchain is one of the best tools and joining hyperledger will surely bring us closer to our goal.”