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13/12/18 07:00 UTC-4

12 new members joined the Hyperledger project

Hyperledger accepts new companies
Hyperledger accepts new companies

According to a December 11 announcement, the Hyperledger Project received 12 new members, including major firms such as Alibaba Cloud, Citi and Deutsche Telekom.

Launched in 2016, Hyperledger is an open source project created by the Linux Foundation to develop blockchain-based registers.

New members of the platform were announced at the large-scale Hyperledger forum in Basel, Switzerland. Common participants included: Alibaba Cloud, a subsidiary of the e-commerce giant; Citigroup financial services firm, Deutsche Telekom, one of the largest telecommunications providers in Europe; and Trade.io – European blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
platform.

Brian Behlendorf, chief executive of Hyperledger, said that: "The development of the Hyperledger community reflects the growing value of building corporate blockchain technologies in various industries and markets."

Beth Devin, Head of Innovation Networks and New Technologies at Citi Ventures, said: "We believe that the blockchain is able to stimulate new forms of efficiency and develop new markets, and we are pleased to join the Hyperledger project to develop our research."

 

Ursa Project  

This month, the Hyperledger Technical Steering Committee approved the Ursa project, a modular cryptocurrency library. Ursa is designed to avoid wasting time working with duplicate projects and improving security by simplifying analysis.

Editor: Yuliya Soroka

See also: "Telecom firms in India may start using blockchain"

#Hyperledger #blockchain #project

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