Hyperledger, a collaborative cross-industry effort created to advance blockchain technology including leaders in finance, banking, IoT, supply chain, manufacturing, and technology, announced today that eight new members have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications.
Hyperledger aims to enable organizations to build robust, industry-specific applications, platforms, and hardware systems to support their individual business transactions by creating an enterprise-grade, open-source distributed ledger framework, and codebase.
The latest members include BBVA, China Jiangsu Huaxin Blockchain Research Institute, Colored Coins, Consensus Base Inc., NEX Optimisation, SecureKey Technologies, The Blockchain Research Institute, and VSP Global.
A few quotes from new members can be seen below.
Carlos Kuchkovsky, New Digital Business CTO, BBVA:
“Being a Hyperledger partner is an important step forward in BBVA’s blockchain strategy, as it allows us to participate in the most relevant open-source communities in the industry and collaborate with companies from a wide range of sectors. We believe that Hyperledger will be fundamental to ensuring standardization and interoperability in the different technologies and platforms that will make blockchain a powerful tool that will transform business processes and social relationships.”
Hiroshi Shimo, CEO, Consensus Base:
“Consensus Base, a blockchain consulting and development startup based in Tokyo, is excited about joining Hyperledger. So far, interest has been high in blockchain, as we’ve had many PoC projects, and got many requests from our clients. We hope we can share our insight and experience with the larger community and in turn learn from industry leaders about best practices.”
Jenny Knott, CEO, NEX Optimisation:
“The financial services industry has spawned a huge number of legacy systems and fragmented data architectures which has led to complex processes and unnecessary cost for clients. Distributed ledger technology has the potential to transform our industry, simplifying client’s workflow and saving them billions of dollars in technology spend. At NEX, we are committed to the transformation of market structure, servicing our clients with emerging technologies. We are pleased to have joined the Hyperledger project which has successfully built a strong community focused on developing an open source framework for the use of distributed ledger technology across multiple participants.”