Categories: CryptoNews

The Hyperledger Project Welcomes 8 New Members

Linux Foundation’s Hyperledger Project welcomes eight new members to its ranks today; Beijing AiYi Digital Finance Technology; Broadridge Financial Solutions, a US-based financial services firm; Cloudsoft Corporation, a UK-based software developer; South Korean bitcoin services firm Coinplug; Australian deposit-taking institution Cuscal Limited; Eurostep Holdings, a Cyprus-based cross-industry product data management company; blockchain forensics firm Skry; Japanese arts & crafts company Soramitsu.

As yesterday’s announcement states: since February of 2016, the Hyperledger Project has received a 70 percent jump in membership enrollments.

The project has been growing since day one, as industry leaders have recognized the need for an open blockchain & distribute ledger standard, “The amount of interest we have received from such a diverse set of companies is a testament to the impact the Hyperledger Project is poised to have,” said Linux Foundation executive director Jim Zemlin.

The project offers a venue where businesses can set aside their competitive spirits and focus on building an “enterprise grade, open source distributed ledger framework upon which users can build and run a variety of business applications.”

Ryan Uhr, CEO of Seoul-based bitcoin company Coinplug, which recently partnered with South Korean KB Kookmin Bank on a blockchain overseas remittance project, said that distributed ledger technology will disrupt many industries, particularly finance:

Related Post

“Secure, shared and transparent blockchain technology has the potential to disrupt the financial industry and change our business,”

Skry CEO & Co-founder, Fabio Federici, also shares Uhr’s sentiments regarding the transformative impact of this new technology, “We believe that blockchains will have a transformational impact across industries and see open collaboration as a key component for this technology to reach the next level,” said Federici.

 

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

MAKER PRICE ANALYSIS & PREDICTION (April 2) – MKR Regains Strength After Slight Pullback, Advancing Bullish

Following a slow and steady recovery, MKR saw a little setback last weekend due to…

8 minutes ago

ETHEREUM PRICE ANALYSIS & PREDICTION (April 2) – ETH Sits at $1.8k After 10% Weekly Loss, Deciding on Next Move

Ethereum is back in a downward slope following notable losses in the past week, although…

7 hours ago

Smart Money Wallets Accumulate Key Tokens, Reflecting Trends in Sustainability, DeFi, and GameFi

In the constantly changing realm of digital currency, the whales—the very large wallets controlled by…

1 day ago

Ethereum Faces Selling Pressure and Limited Support Amidst Volatility

Ethereum's recent price movement reveals a lack of strong support around its current price level.…

2 days ago

Bitcoin’s Long-Term Holders Drive Price Stability Amidst Market Volatility

Once again, Bitcoin has shown its resilience and potential for price stability, even when the…

2 days ago

Unmarshal Launches Decentralized Network, Marking a Major Milestone in Blockchain Data Infrastructure

A prominent indexing-focused service has debuted a decentralized protocol, thereby fulfilling a commitment it made…

2 days ago