Categories
News

Hyperledger Expands Rapidly by Adding Sixteen New Members, Including Experian and KakaoPay

Cross-industry open source collaborative project Hyperledger has announced 16 new additions, bringing the total roster count to over 230, with 67 joining in 2018 alone.

Hyperledger, hosted by the Linux Foundation, has grown to manage 10 different distributed ledger technologies. The overarching goal is to build a cohesive ecosystem for the creation of industry-specific blockchain platforms, systems and applications – all enterprise-focused and open source.

Cyber-security firm BlackRidge Technology, Chengdu Chiwu Software Technologies (Red Chain), analytics giant Experian and South Korean payment service KakaoPay are among the latest inclusions.

From healthcare to banking to digital identity management, our members are developing both the use cases and the code for distributed ledgers that scale, connect and interoperate. The accelerating growth we are seeing shows the widening footprint of enterprise blockchain and increasing recognition of a community-based approach to advancing the technology and business models.” – Brian Behlendorf, Executive Director of Hyperledger.

In mid-May, it was revealed that the Deutsche Bank would be joining Hyperledger as a Premium member, joining American Express, Baidu, Intel, J.P Morgan and many more. In early April, we reported that 13 new members had signed up. Despite this round of initiates featuring heavyweights such as KakaoPay, there is no signs of Hyperledger letting up its all-inclusive collaborative blockchain development.

Image From Shutterstock

By Mark Hartley

Mark Hartley is an IT specialist, freelance writer, world traveller and crypto enthusiast. He has worked on the trading floors of the world's biggest interdealer broker in London and helped integrate crypto services into IT trading systems. When he's not searching for the world's most beautiful beach, he's nose deep in any news crypto and blockchain-related. *Any information provided here is for educational purposes only and should not be considered financial advice