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Hyperledger

[VIDEO] Hyperledger Interviews Anton Govor, Managing Director of Strategy, Moscow Exchange

By | Blog, Hyperledger Fabric

We had the chance to connect with Anton Govor, Managing Director of Strategy at Moscow Exchange Group, to learn more about his vision for blockchain technologies and why they joined Hyperledger as a general member.

Moscow Exchange operates trading markets in equities, bonds, derivatives, the foreign exchange market, money markets and precious metals. It also operates Russia’s Central Securities Depository (National Settlement Depository) and the clearing service provider (National Clearing Centre).

Moscow Exchange realized that blockchain enabled technologies will be one of the largest opportunities and threats for the financial services industry. Their key motivation to joining Hyperledger stemmed from their understanding that blockchain is a global business, and to successfully build up these technologies, they need to be closely connected to an international community. In determining Hyperledger versus the other alternatives, they ultimately chose Hyperledger because Moscow Exchange Group believes open source platforms will win in the end over closed proprietary software.

Building on Hyperledger Fabric, Moscow Exchange has developed pilots for e-voting and commercial papers, as well as a confidentiality add-on for the financial services industry. Check out Moscow Exchange in the Hyperledger Vendor Directory.

Please enjoy and share Anton’s full interview below!

Hyperledger Announces Governing Board Voting Results

By | Blog

We’re thrilled to announce that the voting for new representatives for the Hyperledger Governing Board wrapped up last Friday and resulted in the return of Carlos Kuchkovsky, Chief Technology Officer of New Digital Business at BBVA, and the addition of Jon Geater, CTO of Thales eSecurity. It was a close race with a ton of great candidates! 

For some background, Jon has led a career dedicated to high-tech and cryptographic security. He held senior global roles in leading companies such as nCipher, ARM and Trustonic. Through these roles, he has designed, built and managed leading edge solutions for a wide variety of industries such as mobile, IoT, payments and smart cities and at every level of the technology stack from the fabric of the smallest microchips to the largest cloud systems.

“I am very glad to be able to serve on the Governing Board of Hyperledger representing the interests of the General Membership. I hope to bring my many years of experience on the boards and committees of other industry bodies to the table and help to build on the considerable success the community has already achieved. At Thales eSecurity, we provide transaction security to 19 of the world’s top 20 banks, we underpin the data security of some of the world’s largest and most sensitive enterprises. As part of the larger Thales, we help to protect real-world critical infrastructure from smart power grids to railway systems to air traffic management. Blockchain is a very significant technology in the area of open transparent trust that we believe will accelerate the move to safer connected living, and Hyperledger is leading the way in bringing this technology to Enterprises. I look forward to bringing this viewpoint of real world security and safety engineering to Hyperledger in order to help us get to large scale industrialization faster.” – Jon Geater                

Carlos has vast experience leading global teams, using the latest technologies to create new ventures, products, solutions, and systems. Prior to New Digital Business, he worked on BBVA’s Open Platform, Banks as a Service, Financial Digital Platforms, and Added Valued Mobile Services initiatives. Prior to BBVA, he worked as a consultant in mobile technologies for financial institutions and retail and developed multiplayer mobile games. He is also the co-author of the book “Blockchain: The Internet Industrial Revolution,” Board member of Alastria.io, MBA Mentor at the Industrial management school, and has lectured at the International Desing Scholl, IE Business school, ICAI and at International University La Rioja for Artificial intelligence, API economy, crowdfunding, Cryptoeconomy, and blockchain.

“For BBVA it is a privilege being re-elected by the General Members of Hyperledger as a representative to the Governing Board. It has been amazing to participate and see the exponential growth that Hyperledger has had, in number of members, number of projects, and community participants in the last year. And as it has gone from Beta versions and proofs of concept to production and to scale. BBVA is using Hyperledger technology in several projects and PoCs. And this year we want to increase our contribution to the community by working together with other members and contributing to open source projects.” – Carlos Kuchkovsky

General members are entitled to annually elect one representative to the Hyperledger Governing Board. The Governing Board is responsible for approving a budget directing the use of funds raised by Hyperledger from all sources of revenue, overseeing all project business and marketing matters, as well as working with the Technical Steering Committee on defining and administering any programs for certification, among many other matters.

We look forward to the year ahead with both Jon and Carlos! As always, you can keep up with what’s new with Hyperledger on Twitter or email us with any questions: info@hyperledger.org.

 

(4.20.18) CoinDesk: AWS Is Making It Easier to Use Hyperledger Fabric and Ethereum

By | Hyperledger Fabric, News

Amazon Web Services, the e-commerce giant’s cloud computing arm, has unveiled a new service for launching out-of-the-box blockchain networks for the ethereum and Hyperledger Fabric protocols.

In a blog post published on Wednesday, AWS chief evangelist Jeff Barr wrote that the newly available “templates” allow clients to “launch an ethereum (either public or private) or Hyperledger Fabric (private) network in a matter of minutes and with just a few clicks.”

More here.

Lessons Learned from Hyperledger Fabric PoC Projects

By | Blog, Hyperledger Fabric

Guest post: Hanna Zubko, CEO IntellectEU Inc and Thomas Bohner, Product Manager IntellectEU NV

Recently, Hyperledger provided members the opportunity to speak with global analyst firm Gartner about experiences with Proofs of Concept (PoCs) and pilots using technologies from the greenhouse of Hyperledger projects. Given IntellectEU’s announcement today about the release of Catalyst, the first platform to integrate traditional infrastructures with multiple blockchain networks including networks built with Hyperledger Fabric, we decided to share the recent PoC using Hyperledger Fabric and Catalyst we discussed with Gartner.

Implementation of Blockchain technology allows not only to reduce costs and facilitate efficiencies within enterprise ecosystems but also create entirely new revenue streams. The PoC was for a car insurance company. The objective was to use Hyperledger Fabric and Catalyst to create a flexible pay per mile insurance product based on the actual car mileage and condition of the vehicle. Catalyst served as the hub for connecting the insurance database, the car dongle (IoT device), end-user mobile application and Hyperledger Fabric itself. Catalyst listened to the changes on all the data sources and based on the business rules, applied the corresponding logic. IntellectEU deployed two smart contracts on Hyperledger Fabric; one to calculate the premium based on the actual car mileage and a second to confirm the payment. Catalyst has an architecture that is open, modern, and flexible and will be able to add multiple new players to the ecosystem in the future.

As part of the interview, Gartner asked about our preferred methodology for architecting blockchain PoC projects. We broke it down to the following steps:

  1. Begin with a 2-day design thinking session, shaping and grooming the use case, and evaluating if blockchain technology brings significant added value to the use case.
  2. From those discussions, split up the business requirements into multiple use cases.
  3. Shape up the use cases to fit in the “fail fast” methodology.
  4. Create a solution roadmap.
  5. At this stage, select the initial use case to use as a base for the PoC.
  6. Create the Overall Design Document and the Functional Requirements Specification in cooperation with a customer.
  7. Develop the PoC using Agile approach. For more information, visit http://agilemanifesto.org.
  8. Deliver the solution to the customer
  9. Roll out the solution to multiple additional ecosystem participants

From this car insurance related PoC, there were two primary lessons learned that are worth sharing.

First, it is important to determine at the outset whether using distributed ledger technology would give any boost to the use case. We have found that walking customers through the following “Blockchain Decision Path” is very helpful.

Second, it was very important to have a specialist who understood General Data Protection Regulation (GDPR) requirements to ensure compliance. In brief, GDPR is a regulation that requires businesses to protect the personal data and privacy of EU citizens for transactions that occur within EU member states. It provides for a harmonization of the data protection regulations throughout the EU, thereby making it easier for non-European companies to comply with these regulations; however, this comes at the cost of a strict data protection compliance regime with severe penalties of up to 4% of worldwide turnover or €20 million, whichever is higher. GDPR will become enforceable from May 25th 2018. According to an Ovum report, two-thirds of businesses expect to have to change in their global business strategies to accommodate new data privacy regulations and more than half of businesses think they will be fined due to GDPR in Europe.

A valuable benefit of being a part of the Hyperledger community is the opportunity to hear from members about their experiences “in the field” using Hyperledger technologies for PoCs, pilots and production deployments. We believe sharing best practices with the community helps the collective efforts to increase widespread adoption of Hyperledger distributed ledger frameworks.

(4.18.18) ZDNet: Hyperledger bug bounty program goes public

By | News

The Hyperledger project has opened the doors of its bug bounty program to the public.

 

Hyperledger is an open-source project and hub for developers to work on blockchain technologies.

The Hyperledger infrastructure is being developed in order to support cross-industry uses of distributed ledger technologies, most commonly associated with the exchange of cryptocurrency.

More here.

(4.18.18) CoinDesk: Huawei Unveils Hyperledger-Powered Blockchain Service Platform

By | Hyperledger Fabric, News

Telecommunications and smartphone provider Huawei has become the latest tech giant in China to launch a blockchain-as-a-service (BaaS) platform.

Announced at Huawei’s analyst conference in Shenzhen on Tuesday, the company’s new platform, dubbed Blockchain Service, is said to enable companies to develop smart contracts on top of a distributed ledger network for several use-case scenarios.

More here.