Hyperledger Grows With 7 New Members

By October 24, 2017Announcements

Largest open blockchain consortium now includes more than 170 diverse organizations

SAN FRANCISCO, CA – (October 24, 2017) Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, announced today that 7 new organizations have joined the project. As a multi-project, multi-stakeholder effort, Hyperledger incubates eight business blockchain and distributed ledger technologies including Hyperledger Fabric, Hyperledger Iroha, Hyperledger Indy, Hyperledger Burrow, and Hyperledger Sawtooth, among others.

“Such growth this year shows we’re heading in the right direction and people are understanding that blockchain technology can be a viable solution for business,” said Brian Behlendorf, Executive Director, Hyperledger. “We thank our new members for their support as we continue to drive towards production deployments of Hyperledger technologies in the enterprise in 2017.”

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 code base. It is a global collaboration including leaders in finance, banking, IoT, supply chain, manufacturing and technology. The latest General members include: Beijing Xiaomi Mobile Software, Cognition Foundry, Majid Al Futtaim, Robert Bosch and Wipro. Hyperledger also welcomed two Premier members in the last month, Baidu and Tradeshift.

Hyperledger supports an open community that values contributions and participation from various entities. As such, pre-kapproved non-profits, open source projects and government entities can join Hyperledger at no cost as Associate members. Associate members to join this month include: Decentralized Identity Foundation (DIF) and National Association of Federally-Insured Credit Unions (NAFCU).

New member quotes:

Baidu

“Over the past 17 years, we have striven to fulfill our mission by listening carefully to our users,” said Zhang Xuyang, Vice President of Baidu. “We believe blockchain technology will allow us to better tailor our search technology to our users’ needs by enhancing the way we optimize local tastes and preferences. We’re thrilled to be part of Hyperledger and look forward to collaborating with other members to drive open blockchain solutions forward.”

Beijing Xiaomi Mobile Software

“In 2017, Xiaomi Mobile started to explore applying blockchain technology to data collaboration, with the goal of defining standards of data collaboration and sharing data power across all partners without exposing raw data,” said Dawei Gu, general manager and head of monetization, Xiaomi technology. “For the best performance, we chose to join Hyperledger and use it to build our platform. Based on Hyperledger, we launched the alpha version product named ‘Mi AD DataChain’ and plan to involve more giant enterprises to participate in this datachain, driving data fusion across multiple participants.”

Cognition Foundry

“Cognition Foundry helps startups access technology that creates a competitive advantage, we call this ‘democratising access to Enterprise IT,'” said Ron Argent, CEO of Cognition Foundry. “Our success with startups also draws the attention of large organisations. The credibility and authenticity afforded by Hyperledger compliments our philosophy and the aspirations of our clients. Embracing Hyperledger is very exciting for us, as we believe The Linux Foundation is perfectly aligned with our objectives, both technical and in terms of community. We believe Hyperledger has great potential for small companies who aspire to grow quickly, as well as large enterprises who require a solid code base and vibrant community of contributors to ensure quality. Whether we’re helping a founder create something brand new, or spearheading change with a global brand, we’re confident Hyperledger Fabric is up to the task. We are honored to contribute.”

Majid Al Futtaim

“At Majid Al Futtaim, we are on a journey towards ensuring that we are as prominent digitally as we are physically, with data and technology sitting at the center of every business decision we make. Partnering with Hyperledger will elevate our involvement in the development of the Blockchain technology, which is set to change many of the industries we operate in including, real estate, retail, consumer finance, and healthcare,” Said Abdulrahman Addas, Chief Corporate Development Officer, Majid Al Futtaim – Holding. “We are excited about the potential of Blockchain and being part of a movement that will be central to how the technology develops in the coming years. In doing so, we will be in an excellent position to utilize the latest advancements that can allow us to deliver an effortless and secure experience for our customers.”

Robert Bosch

“We are excited to join Hyperledger and its ecosystem,” said Donya-Florence Amer – Executive Vice President and responsible for the Business Interface of Robert BOSCH GmbH. “Bosch is transforming into an IoT Company and recognizes Blockchain as a key technology bringing IoT to the next level. Hyperledger as the Blockchain derivate focusing on industrial usage is key for us. Bosch has its strength in the full stack of IoT devices, cloud services for data storage and processing, experience in delivering critical software, and industrial processes with strong partnerships. We are very much looking forward to working with and to contributing to this alliance.”

Tradeshift

“We’re excited to join Hyperledger and further our investment in distributed ledger technology through such a collaborative and innovative model,” said Gert Sylvest, CTO and co-founder, Tradeshift. “In an industry that is continuously transforming, we look forward to contributing to an effort that matches our own values surrounding community, collaboration, interoperability, and openness.”

Wipro

“We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprise,” said Krishnakumar N. Menon, Vice President, Service Transformation, Wipro Limited. “Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases. Additionally, Wipro’s open source services, expertise and solutions add value to our Hyperledger-based blockchain offerings. We look forward to investing in crowdsourced innovation and open collaboration as part of our efforts in the Hyperledger community.”

About Hyperledger

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.