SAN FRANCISCO, CA--(Marketwired - July 27, 2016) - Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that six new companies will join already more than 60 existing project members to help create an open standard for distributed ledgers for a new generation of transactional applications.
"The amount of support Hyperledger Project has seen in the early days is truly astonishing," said Brian Behlendorf, Executive Director of Hyperledger Project. "With every new member we welcome, we're further validated in our goal of setting standards by building out a distributed ledger framework and code base for the next generation stack of the Internet."
Hyperledger Project is working to enable organizations to build and run 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.
Hyperledger members represent continued and significant growth since last month and join a rapidly growing and diverse group across finance, banking, Internet of Things, supply chains, manufacturing and other technologies. The six latest members to join include: BNP Paribas, Bubi, Colu, Korea Securities Depository, Libra and TMX Group Limited.
New Member Quotes:
"Blockchain is powering the Internet of Value now, aiming at a next-generation network that can enable everyone to issue and manage digital assets on top of the chains," said Hai Jiang, Founder and CEO of Bubi. "Open source projects like Hyperledger Project have the ability to accelerate it and Bubi is very proud to be part of this effort."
"Having created a platform that allows developers to build applications on the Bitcoin blockchain, we recognize the growing impact of blockchain technology and are always looking towards the next steps in the development of a new infrastructure for the financial system. This is why we are so excited to be a part of the Hyperledger Project," said Mark Smargon, Co-Founder and VP-Blockchain of Colu. "Hyperledger is one of the most promising projects in this space and has the potential to lead to both innovation and standardization. We are looking forward to contributing our expertise in Bitcoin and blockchain, as well as learning from the other participants."
Korea Securities Depository
"We believe that blockchain and distributed ledger technology will become a key factor in the competitive and revolutionary improvement that can reshape the terrain of the post-trade industry," said Hyungjoo Kim, Managing Director and Chief Information Officer of Korea Securities Depository. "An industry-wide distributed ledger solution that offers seamless connectivity in a secure way will allow us to enhance our overall business efficiency and deliver more value to our stakeholders."
"We are joining a world class organization to contribute to the most exciting financial technology of an era," said Jake Benson, CEO of Libra. "A collaborative and organized effort is key to the success and adoption of distributed ledgers, and I cannot think of a forum more perfect for achieving this than the Hyperledger Project. I truly believe the outcomes of this consortium will result in a vastly more efficient and open global financial ecosystem."
TMX Group Limited
"TMX believes that the advent of blockchain technology will have an impact across many industries, including financial services and our business," said Jean Desgagne, President & CEO, Global Enterprise Services at TMX. "Open collaboration is a key component for this technology as it strives to reach its full potential. TMX is excited to join the Hyperledger Project and to work alongside industry leaders on blockchain solutions that solve real-world problems for our clients."
About Hyperledger Project
The Hyperledger project is an open source collaborative effort created to advance blockchain technology by addressing important features for a cross-industry open standard for distributed ledgers. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger Project as a Collaborative Project under the foundation. To learn more, visit: https://www.hyperledger.org/.