Hyperledger Firefly Achieves Graduated Status; Is in Production Around the World
The Hyperledger Technical Oversight Committee (TOC) has approved Hyperledger FireFly as the latest of Hyperledger Foundation’s projects to achieve graduated status.
Hyperledger FireFly is the industry’s first open-source Supernode: a platform for tokenization, multi-chain interoperability, and building blockchain-based applications. FireFly’s next-gen stack simplifies blockchain development, making it easy to connect reliably across multiple public and private chains and manage the lifecycle of digital assets with native token and indexing support. FireFly is increasingly powering asset tokenization projects that leverage its native support for popular tokens, multi-chain interoperability, and enhanced off chain privacy, along with other emerging areas such as decentralized identity.
Hyperledger's technical leaders acknowledge the FireFly community and project's maturity by designating it a graduated project. This status is granted based on strict criteria like code quality, security protocols, open-source governance, and contributor diversity. Achieving this milestone indicates FireFly's advancement in both its community and codebase, marking significant progress for future blockchain development and broader Web3 adoption. The FireFly community is one of the fastest growing projects in the Web3 space, approaching a million lines of code over the last two and a half years.
“Hyperledger FireFly’s evolution through our project lifecycle, from lab to project, and now to graduated status, shows the growing enterprise demand for tools that simplify adoption and deployment,” said Daniela Barbosa, Executive Director, Hyperledger Foundation, and General Manager, Blockchain and Identity, at the Linux Foundation. “This underscores that organizations need more than just blockchain platforms; they require robust enterprise tools built for these core technologies to unlock their full potential.”
The TOC’s vote to advance Hyperledger FireFly into graduated status is particularly important as organizations adopt next-generation blockchain development approaches and move to incorporate digital assets and asset tokenization into their businesses. FireFly provides a Web3 gateway to enterprises looking to move from web2 to Web3, one that allows them to easily build new blockchain applications with Restful APIs and to leverage integration capabilities to connect to their existing systems and sources of data. By eliminating the need for proprietary technology and custom code, FireFly can reduce development time and costs as much as 90%, allowing projects to get to production fast and quickly realize ROI.
Key components of Hyperledger FireFly, the blockchain and tokenization platform, are:
- Multi-Protocol Blockchain Interoperability: FireFly natively runs Ethereum and Hyperledger Fabric blockchains with the ability to connect to any existing blockchain network and support flows to, from, and between these chains
- Native Digital Asset Integration: FireFly supports popular token standards such as ERC20, ERC721, and ERC1155 with token pools, indexing, and more
- Web3 APIs: FireFly features a full suite of APIs for the creation and management of tokens, coins, NFTs, smart contracts, and more
- App Development APIs: FireFly’s API Gateway allows for simple and robust app development
- Integration and Orchestration: Inside FireFly, Messaging and Event layers make for reliable integration with existing systems
- Off-Chain Data Privacy: FireFly coordinates digital assets and flows that involve the combination of "off-chain" data with "on-chain" tokens and events
- Organization Identity: FireFly makes it easy to manage company identity and B2B connectivity via a native network map
Hyperledger FireFly is currently being used in production deployments around the globe, including Synaptic Health Alliance, The Institutes RiskStream Collaborative, Swift, CGI Federal, Blockchain for Energy, CP Group, and LACChain. These deployments span geographies and industries, demonstrating how FireFly is valued worldwide for its ability to accelerate any Web3 project, regardless of use case.
“This graduated status is a testament to all the work the community has put into hardening and expanding the functionality of Hyperledger FireFly over the last few years,” said Steve Cerveny, CEO of Kaleido. "The blockchain and tokenization platform has proven its ability to simplify development and deliver ROI in projects around the globe already—and the community is just getting started. Tokenization is driving the next wave of blockchain innovation within enterprises, and FireFly is accelerating our clients as they build and launch on an open and interoperable platform.”
Hyperledger FireFly’s growth as a project has been supported by an active contributor community that includes representatives from 8 corporations and 12 independent contributors, along with 12 maintainers from three different companies: Kaleido, Fidelity, and OneOf. The community maintains an active Discord and monthly public Community Calls to facilitate discussion of ideas, improvements, and emerging use cases.
What to learn more about Hyperledger FireFly?
Join us for an upcoming webinar on October 18 where Shadman Hossain, Manager of Emerging Technologies at CGI Federal, will show how CGI is using Hyperledger FireFly to drive digital transformation in government. You’ll also see a hands-on demo of how to get started with Hyperledger FireFly from Nicko Guyer, Hyperledger FireFly Maintainer. Sign up to attend here.