Bank of England, China Merchants Bank and the Boston Fed Join Hyperledger

Hyperledger– 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 announced that eleven new members have joined the project.

The latest members include: Bank of England, Bitmark, China Merchants Bank, Federal Reserve Bank of Boston, Initiative for Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and Contracts (IC3), Kaiser Permanente, Kubique S.p.A., MadHive, Monax, OSCRE and RadarWin Cyber Technology.

“Growth and interest in Hyperledger remain high in 2017,” said Brian Behlendorf, Executive Director, Hyperledger. “We’re now at 122 members and seeing even more diverse organizations across industry sectors invest their energy and resources in understanding how blockchain technology can strengthen their own business processes. This new set of members’ combined backgrounds and experiences will be invaluable to the community, as we strive to increase production deployments through this year.”

"It is a great pleasure to join Hyperledger. As a bank with advanced technology, China Merchants Bank has always been actively exploring high-techs all over the world and applying them in banking businesses," said Tianhong Zhou, General Manager of the IT Department, CMB. "Blockchain has great influence and development potential in the banking industry, and we are proud to be part of the effort to advance the application of Hyperledger to innovate the business of banking and improve financial services."

"We're very pleased to announce that we've joined the Hyperledger Project and plan to submit our market-leading blockchain client for incubation," said Casey Kuhlman, CEO, Monax. "Joining Hyperledger is a win-win. Our users gain the confidence of Hyperledger's strong community and code governance frameworks. If our submission is accepted for incubation, Hyperledger will gain a codebase that includes a built-to-specification Ethereum Virtual Machine, which will more closely align the Ethereum and Hyperledger development communities. And we get to make new friends and build new relationships with the outstanding people and companies who are helping to make smart contract technology production-ready to change the world."