SOURCE: Hyperledger Project

Hyperledger Project

October 24, 2016 08:30 ET

Hyperledger Reaches 95 Members Ahead of Money20/20

10 new members join to support open source distributed ledger framework heading into largest financial services innovation event

SAN FRANCISCO, CA and LAS VEGAS, NV --(Marketwired - October 24, 2016) - Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today at Money20/20 in Las Vegas that 10 new members have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications. Hyperledger now has 95 members, making it the fastest growing collaborative project ever hosted by the Linux Foundation.

"I am pleased to see the Hyperledger community growing so rapidly and on such a global scale," said Brian Behlendorf, executive director of the Hyperledger Project. "The support from these new members is extremely beneficial and their varied expertise will help drive our open blockchain technology efforts forward, as well as ensure that future projects are developed with best practices in mind from the onset."

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.

The new Hyperledger members join a rapidly growing and diverse group across finance, banking, Internet of Things, supply chains, manufacturing and other technologies. The latest members include: Huawei, Hundsun Technologies Inc., Hyperchain Technologies (Hangzhou Qulian Technologies Co., Ltd.), Murphy & McGonigle, P.C., National Stock Exchange of India, Nokia, theloop Inc., Sberbank, Shenzhen Qianhai Zhaogu Financial Service Co. Ltd. and Shenzhen Xinguodu Technology CO.,LTD.

New Member Quotes:

Huawei

"We're thrilled to join Hyperledger and are proud to be part of this effort to create an open standard for distributed ledger technology," said Hexiaoxiang, VP of Engineering at Huawei. "Huawei continues to strive to make technical breakthroughs and we believe blockchain is the next evolution to help meet the needs of our customers; we're looking forward to working with this diverse community and making it grow stronger."

Hundsun Technologies Inc.

"We focus on technical services and are committed to professional solutions as well as services to financial institutions," said Mr. Jingwu Fan, CEO of Hundsun Technologies Inc. "It is our honor to join Hyperledger and advance the financial application of blockchain. We will cooperate with financial institutions for further development and innovation of the industry, and make sure that all clients have access to a safe, convenient and effective service. "

Hyperchain Technologies (Hangzhou Qulian Technologies Co., Ltd.)

"Qulian Technology is very excited to join the Hyperledger Project as an Enterprise Consortium Blockchain Platform provider," said Dr. Li Wei, CEO and Founding Partner of Qulian. "Hyperchain, Qulian's Blockchain platform project name, is fully compatible with the current open source blockchain community's functions and features, including smart contract models and programming interfaces. At the same time, it improves lots of the low-layer core algorithms and key modules, including RBFT based consensus algorithm, SVP based entrance control mechanism, AHRE based encryption strategy, and HyperVM smart contract engine. Thus, the security, performance, and ease of use of the system is fully guaranteed. Hyperchain is currently being used or about to be used in digital draft, equity registration, IP protection and many finance or other value transmission networks."

Murphy & McGonigle

"Murphy & McGonigle, a leading provider of legal services to the financial services industry, is pleased to be the first law firm to join the Hyperledger Project," said Matt Comstock, Partner at Murphy & McGonigle. "We look forward to continuing our leadership in delivering cutting-edge legal advice to users of blockchain technology in the financial services community."

Sberbank

"Joining the Hyperledger Project shapes the bank's new technological agenda and provides us with access to international expertise and cutting-edge blockchain developments," said Lev Khasis, First Deputy Chairman of the Executive Board of Sberbank. "We will have the opportunity to directly influence the development of the platform and interact with its key developers."

Shenzhen Qianhai Zhaogu Financial Service Co. Ltd

"BlockDaq, a Blockchain Service Platform attached to Shenzhen Qianhai Zhaogu Financial Service CO., LTD, enables enterprises to deploy their business on Blockchain quickly," said Chao Cheng, CTO. "Moreover, BlockDaq also helps enterprise managers and VCs understand what Blockchain is and how it can help their business. We firmly believe that in the near future, Blockchain will be an infrastructure service, and Hyperledger will be leading the way."

Shenzhen Xinguodu Technology CO.,LTD

"Xinguodu is one of leading financial payment technology companies in China, which focuses on applying blockchain technology into finance and payments industrial application," said CDO Xubo Zhang of Blockchain Research Center of XGD Group. "Currently our blockchain technology research includes but not limited to:1. payment clearing system applying distributed ledger; 2. apply blockchain technology into redeem program of customer's loyal credits; 3. apply blockchain technology into building society's credit system; 4. global payment. We look forward to cooperating with other Hyperledger members to push forward the research on application of Blockchain technology."

You can view all members of Hyperledger here: https://www.hyperledger.org/about/members.

Hyperledger's Brian Behlendorf will be part of the panel discussion "All Together Now: How Bank & Tech Partnerships Are Shaping the Future of Blockchain" at Money 20/20 on October 25 at 5pm in Lando, The Venetian, Level 4. You can also visit Hyperledger at booth #425 in the exhibition hall.

About Hyperledger Project

The Hyperledger project 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 as a Collaborative Project under the foundation. To learn more, visit: www.hyperledger.org.

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