Hyperledger Adds 14 New Members to Blockchain Consortium

Hyperledger, the cross-industry collaboration to advance 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 technology, on Wednesday announced the joining of 14 new members organizations to the collaborating projects.

With this addition, Hyperledger now includes a total of 231 organizations, which are spread across more than 25 countries.

Welcoming the new members, Executive Director of Hyperledger, Brian Behlendorf, said: “the accelerating pace of growth and adoption of Hyperledger across industries and geographies underscores the power of our community and the technologies it is building.”

"It also reflects a global awakening to the impact of blockchain for business. Every day, we hear from organizations with new ideas and new applications for our frameworks. Our growing and diverse membership is key to turning that energy and innovation into the building blocks for increasingly business-critical deployments," he added.

After its initiation in December 2015 by the Linux Foundation, Hyperledger now includes 10 business blockchain and distributed ledger technologies. Last week, the organization released the latest version of Hyperledger Fabric (version 11.0), a projected originally started by the IT-giant IBM and Digital Asset. It also stated the development of a blockchain-based performance benchmarking tool, called Hyperledger Caliper, earlier this month.

Big names in blockchain

Among the 14 new members, 12 joined as general members, while two kept the title of associates. The general members are Beijing Truth Technology, Blockchain Technology Partners, CULedger, Greenstream Technology, KompiTech, MATRIX Foundation, REMME, Ripple, Shenzhen Rongxun Technology, Spin Systems, Versia, and Xiilab Co.

Joining open source collaborative @Hyperledger is an important step in establishing an #InternetofValue.

We're proud to be a part of the #blockchain revolution https://t.co/kRNT2agQHJ

— Ripple (@Ripple) March 28, 2018

The two member listed as associates are Cambridge Centre For Alternative Finance (University of Cambridge) and Kerala Blockchain Academy. They joined under the status of being non-profits, open source projects or government entities.

Ripple’s CTO Stefan Thomas commented: “through our partnership with Hyperledger, developers worldwide will be able to access Interledger Protocol (ILP) in Java for enterprise use. The Hyperledger Quilt project connects Hyperledger blockchains with other ILP-capable payment systems such as XRP Ledger, Ethereum, Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term (Lightning), Litecoin, Mojaloop, and RippleNet, helping us to deliver on our vision for an Internet of Value - where money moves as information does today.”

"Until now, CULedger's involvement in Hyperledger has been through our valued partners," added Julie Esser, Chief Engagement Officer of CULedger. "We are excited and honored to have this direct relationship with Hyperledger to help advance our global self-sovereign digital identity strategy for the more than 230 million credit union members worldwide."