Categories: News

Linux Foundation Announces New Members To Its Hyperledger Blockchain Project

The Linux Foundation’s Hyperledger Project – a nonprofit formerly known as Open Ledger Project – has revealed the addition of thirty new members to its stakeholder list and governance hierarchy.

Hyperledger was founded as an open source project at the end of 2015, and its aim is to help proliferate blockchain technology into a wide array of industries.

“Peer-to-peer in nature, distributed ledger technology is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things.”

The current list of members sports some of the biggest names in investment banking such as ABN AMRO, BNY Mellon and JP Morgan. Blockchain developer firms like Digital Asset Holdings and Symbiont are also founding members of the Hyperledger project. Digital Asset Holdings also gave permission to the Linux Foundation to use the term “Hyperledger”.

“Digital Asset has donated the trademark for the ‘Hyperledger’ name to the Linux Foundation. Use of the mark will be managed exclusively by the Governing Board of the Hyperledger Project with the approval of the Linux Foundation.”

The press release also stated that the project has received coding help and other technical assistance from Blockstream, Digital Asset, IBM and Ripple. All code that is contributed to the project will be reviewed by the new Technical Steering Committee (TSC), which is tasked with maintaining the code base of the project.

Related Post

“Nominations are currently open for TSC members.”

A Board of Directors – which will be responsible for marketing and business decisions – has been announced as well.

 

Image credit: 1

If you liked this article follow us on Twitter

@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

 

Traderman

Avid blogger, entrepreneur, and cryptocurrency enthusiast. I love writing about cryptocurrency, NFTs, price analysis, and much more!

Share
Published by
Traderman

Recent Posts

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

2 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

3 hours ago

IntelMarkets (INTL) Receives Massive Demand From Chainlink And SUI Investors Looking To Position For The Best Bull Run Gains

As the cryptocurrency market gears up for a bull run, IntelMarkets (INTL) is attracting significant…

3 hours ago

FOMO Selling Trigger $1 Billion Liquidations as LINK & SOL Bleed Heavily; What to Do Next?

In the past, Chainlink (LINK) and Solana (SOL) have been among the most discussed altcoins…

9 hours ago

Qubetics $7.4M Presale Revolutionises Blockchain as Bitcoin and Chainlink Drive Innovation: Best Cryptos to Buy for 2025

The crypto market is abuzz with excitement as 2025 approaches. While Bitcoin continues to dominate…

14 hours ago

Best Altcoins to Buy Today: Why Qubetics’ Presale Could Be the Best Investment Opportunity of 2024

The cryptocurrency market never sleeps, and every day feels like an adventure. From household names…

20 hours ago