Hyperledger adds Deutsche Bank as Premier Member

Hyperledger, an open source collaborative effort created to advance cross-industry business blockchain technologies, announced today that Deutsche Bank has joined the project as a Premier member. Other Hyperledger Premier members include Accenture, Airbus, American Express, Baidu, Change Healthcare, Cisco, Daimler, Digital Asset, DTCC, Fujitsu, Hitachi, IBM, Intel, J.P. Morgan, NEC, SAP, Tradeshift and Wanda FFan Technology.

“Adding a major bank like Deutsche Bank to our list of Premier members demonstrates the value Hyperledger brings to the financial services market,” said Brian Behlendorf, Executive Director, Hyperledger. “With their help and global reach, we look forwarding to driving more global production deployments like Know Your Customer (KYC), payments, trading and others based on Hyperledger technologies.”

Hyperledger aims to enable organizations to build robust, industry-specific applications, platforms, and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases. It is a global collaboration of more than 230 organizations including leaders in finance, banking, IoT, supply chain, manufacturing, and technology.

“As a Premier member, we’re hoping our expertise and global network will help advance open source distributed ledger technologies and allow us to better serve the complex needs of our clients, who look to us to improve their and their trade partners’ financial endeavors,” said Jon Pearson, Head of Deutsche Bank Labs United Kingdom and Ireland.