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Announcements

Hyperledger Announces Sponsorship of the Innotribe Networking Event at Sibos 2016

By Announcements, Finance

Executive Director Brian Behlendorf to present project vision at world’s premier financial services event

SAN FRANCISCO, CA – (August 18, 2016) – Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today it will sponsor the Innotribe Networking event at Sibos 2016. The conference will be held on September 26-29 at PALEXPO in Geneva, Switzerland. Hyperledger Project will be at booth #C90 in the expo center.

Hyperledger Project’s mission is to create an enterprise grade, open source distributed ledger technology that enables organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions.

“We’re thrilled to have a presence at a well recognized event like Sibos,” said Brian Behlendorf, Executive Director of Hyperledger Project. “As the world’s premier event for financial services, we’re looking forward to discussing open source distributed ledger technology and its potential to transform the industry with leading companies and experts.”

On Wednesday, September 28, Hyperledger will sponsor the Sibos Innotribe Networking event, which will include opening remarks from Behlendorf and video demos of the technology. Additional speaking engagements will include:

  • On Monday, September 26, Behlendorf will speak on the “Blockchain 2020 – What is Next for Adoption by the Financial Industry” panel designed to help attendees understand the technical and business impediments holding back the adoption of distributed ledger and blockchain technology and what needs to be done for it to have a transformative impact on the financial industry.
  • On Tuesday, September 27, Behlendorf will join “Business Standards in the DLT Stack,” a session that will explore the place of standards in the “stacks” of potentially-disruptive technology-led initiatives, such as distributed ledger, using real-world experience as well as “what-if” theory.
  • On Thursday, September 29, Behlendorf will join “Forward Compatibility,” a session focused on industry disruption and how to plan ahead for gradual adoption by an ecosystem.

Hyperledger Project will also be involved in two SWIFT Labs sessions “Discover R&D@SWIFT: Distributed Ledger Technology during the event.

Sibos brings together thousands of business leaders, decision makers and experts from a range of financial institutions, market infrastructures, multinational corporations and technology partners to discuss business strategy and collectively shape the future of the financial industry.

Additional information:

  • Learn more about Hyperledger Project and its member companies
  • Register for Sibos 2016
  • Follow Hyperledger Project on Twitter or Like us on Facebook
  • Follow Hyperledger Project on LinkedIn to stay up to date on news

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/.
Media Contact

Jessica Rampen
The Linux Foundation/Hyperledger Project
pr@hyperledger.org
650-787-3548

Hyperledger Project Announces Airbus as a Premier Member

By Announcements

Global leader in aeronautics supports mission to create blockchain open standard for new generation of transactional applications

SAN FRANCISCO, CA – (August 16, 2016)Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that Airbus has joined as a Premier member of the project. As a Premier member, Airbus will actively contribute to the development of the project’s mission to create an enterprise grade, open source distributed ledger technology.

“It’s very gratifying to see leading organizations like Airbus join the project, as it shows the immense interest in blockchain technology and that it has the potential to make an impact beyond just the typical financial and healthcare applications,” said Hyperledger Executive Director, Brian Behlendorf. “A key factor to the project’s success will be member expertise and guidance, and as such, I look forward to collaborating with the bright team at Airbus to drive this technology forward.”

Hyperledger Project aims to create common distributed ledger technology that enables organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions. By creating a cross-industry open standard for distributed ledgers, any digital exchange with value can securely and cost-effectively be tracked and traded.

To see a full list of Hyperledger Project’s member companies, visit: https://www.hyperledger.org/about/members

If you’re interested in joining Hyperledger Project as a member company, please visit: https://www.hyperledger.org/join
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/.
Media Contact
Jessica Rampen
The Linux Foundation/Hyperledger Project
pr@hyperledger.org
650-787-3548

Hyperledger Project Has Welcomed More Than 60 Members Since February

By Announcements

Becomes one of the fastest growing collaborative projects ever hosted by The Linux Foundation

SAN FRANCISCO, CA – (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:

Bubi

“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.”

Colu

“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.”

Libra

“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/.

Media Contact
Jessica Rampen
The Linux Foundation/Hyperledger Project
pr@hyperledger.org
650-787-3548

Hyperledger Projects Maintains Strong Momentum with New Members

By Announcements

Project Continues Rapid Growth with the Addition of Seven New Members Since Last Month

SAN FRANCISCO – June 22, 2016 – Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that seven new members have joined to help create an open standard for distributed ledgers for a new generation of transactional applications.

By creating an enterprise grade, open source distributed ledger framework and code base, the 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.

“The enterprise application of blockchain technology is set to change the way we conduct business and will have a profound impact across all sectors of business,” said Brian Behlendorf, Executive Director of Hyperledger Project. “To be able to welcome this many new members each month is not only a testament to what we are doing, but is paramount to our success in developing distributed ledger technology for the world.”

These new 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. New members this month include: Belink Technologies, BitSE, INVeSHARE, MonetaGo, Moscow Exchange, Norbloc and Onchain.

New Member Quotes:

Belink Technologies

“Using an open source framework for distributed ledgers could reduce the technical threshold of application innovation and promote the establishment of uniform standards,” said Chen Hua, CEO of Belink. “Belink is especially pleased to become an active participant in the Hyperledger Project, as the need to adopt distributed ledger technology to help institutions carry out financial service innovation in China grows.”

BitSE

“Blockchain technology is likely to take human beings to a new big era of an economy republic; Hyperledger is the foundation writing the constitution,” said DJ Qian, Co-Founder and CEO of BITSE. “With a R&D team of blockchain coming from nine different countries, BitSE is more than happy to be part of it as one of the pioneers and willing to contribute thoughts, codes, and anything that matters to accelerate this evolution and reformation.”

INVeSHARE

“We are delighted to join this global collaboration to create an enterprise grade, open source distributed ledger framework to drive innovation,” said Davidi Gilo, CEO of INVeSHARE. “Blockchain technology has the potential to radically disrupt the operations and economics of the regulated shareholder communications industry. We look forward to contributing our expertise to the Hyperledger Project.”

MonetaGo

“Blockchain technology is a game-changer for the world of finance and ultimately all industries; with secure distributed ledgers, real-time information will make markets safer, more efficient and reduce costs,” said Jesse Chenard, CEO at MonetaGo. “Open source projects like Hyperledger Project have the capacity to make long-lasting benefits and innovations across industries. It is a bold vision and we are proud to join forces to standardize Blockchain technology.”

Moscow Exchange

“Moscow Exchange is excited to join the Hyperledger Project,” said Sergei Poliakoff, CIO of Moscow Exchange. “We believe in the future impact of distributed ledger technologies for the whole financial industry. Our team has been exploring possible applications of Blockchain in trading, clearing and settlement. We’re looking forward to working with this robust community to further Hyperledger’s vision and shared ledger technology.”

Norbloc

“Blockchain technology will open up new horizons in peer-to-peer interactions across industries and participants,” said Astyanax Kanakakis, CEO of Norbloc. “The Hyperledger project is uniquely positioned to foster the collaborative approach needed in order to create a successful ecosystem; we’re proud to be part of this effort and contribute our wealth of knowledge to blockchain infrastructure and development.”

Onchain

“As a leading open-source contributor in China’s blockchain community, Onchain shares the same values as the Linux Foundation and the Hyperledger project intrinsically,” said Da Hongfei, Founder and CEO of Onchain. “We believe international collaboration plus local experience are key to the adoption of distributed ledger technology in China; we are also very excited to see other Chinese blockchain startups join Hyperledger and look forward to adding our combined expertise to the project.”

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/.

Media Contact
Ray George
The Linux Foundation/Hyperledger Project
rgeorge@linuxfoundation.org
650-922-3825

Founder of the Apache Software Foundation Joins Linux Foundation to Lead Hyperledger Project

By Announcements

Founder of the Apache Software Foundation Joins Linux Foundation to Lead Hyperledger Project

Brian Behlendorf becomes executive director of the project advancing open blockchain technology for enterprise

SAN FRANCISCO – May 19, 2016 – The Linux Foundation, the nonprofit advancing professional open source management for mass collaboration, today announced Brian Behlendorf is joining the organization as executive director of the Hyperledger Project, a collaborative effort to establish, build and sustain an open, distributed ledger platform for the enterprise.

Behlendorf was a primary developer of the Apache Web server, the most popular web server software on the Internet, and a founding member of the Apache Software Foundation. He has also served on the board of the Mozilla Foundation since 2003 and the Electronic Frontier Foundation since 2013. He was the founding CTO of CollabNet and CTO of the World Economic Forum. Most recently, Behlendorf was a managing director at Mithril Capital Management LLC, a global technology investment firm.

“Brian’s contributions to open source software changed the web. Now he will do the same thing for this decade’s most promising technology – the blockchain,” said Jim Zemlin, executive director at The Linux Foundation. “Brian’s open source roots and proven technology acumen will enable the Hyperledger project to grow a community that transcends any individual industry and becomes the world’s standard for shared ledgers.”

The Hyperledger Project was founded in December of 2015 and aims to create common distributed ledger technology that is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things. By creating a cross-industry open standard for distributed ledgers, any digital exchange with value can securely and cost-effectively be tracked and traded.

“Distributed ledgers are essential to the next generation of the Internet technology stack.  The Hyperledger Project is all about bringing together developers to build common distributed ledger technology, a rising tide that will lift all boats,” said Brian Behlendorf, executive director for Hyperledger Project.  “Open Source projects are great for this kind of work, but it takes a real community to fulfill that promise, and it will require collaborating with our friends in the blockchain technology community.  We’re ready to do all that right now.”

“Brian is a veteran of free and open software projects and someone I trust more than nearly anyone I know to understand and embody the values of the free and open source community,” said Joi Ito, director at MIT Media Lab. “I’ve known Brian for over 20 years and he has never betrayed the trust of the communities he serves. I am so happy and excited for both Brian and Hyperledger – a big win for both of them – and look forward to working with them both.”

Behlendorf is the latest in a number of open source visionaries who have joined The Linux Foundation over the last year: Sam Ramji, formerly of Microsoft’s open source office, is CEO of Cloud Foundry Foundation; Chris Aniszczyk, formerly of Twitter, is today managing the Open Container Initiative and Cloud Native Computing Foundation; and Nicko van Sommeren, formerly of Good Technology, heads up the Core Infrastructure Initiative. Linux creator Linus Torvalds and Linux maintainer Greg Kroah-Hartman are fellows at The Linux Foundation.

About The Linux Foundation

The Linux Foundation is the organization of choice for the world’s top developers and companies to build ecosystems that accelerate open technology development and commercial adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at www.linuxfoundation.org.
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Trademarks: The Linux Foundation is a trademark of The Linux Foundation. Linux is a trademark of Linus Torvalds.
Media Contact
Ray George
The Linux Foundation/Hyperledger Project
rgeorge@linuxfoundation.org
650-922-3825
About The Linux Foundation
The Linux Foundation is the organization of choice for the world’s top developers and companies to build ecosystems that accelerate open technology development and commercial adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at www.linuxfoundation.org.

Hyperledger Project Announces Addition of Eight New Members

By Announcements

Hyperledger Project Announces Addition of Eight New Members

Project Has Experienced Rapid Growth With a 70 Percent Increase in Membership Since February

SAN FRANCISCO – May 19, 2016 – Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that eight new members have joined the initiative to establish an open standard for distributed ledgers that will transform the way business transactions are conducted globally.

By creating a cross-industry open standard for distributed ledgers, any digital exchange with value can securely and cost-effectively be tracked and traded.

“The amount of interest we have received from such a diverse set of companies is a testament to the impact the Hyperledger Project is poised to have,” said Jim Zemlin, Executive Director at The Linux Foundation. “Through this shared investment, these companies can advance an enterprise grade, open source distributed ledger framework upon which users can build and run a variety of business applications.”

Membership investments in this effort have increased by 70 percent since the Hyperledger Project announced its open technical governance structure in February 2016. Working towards an automated, more secure, reliable and transparent way of exchanging and tracking data and assets, the new members join an already diverse group across finance, banking, Internet of Things, supply chains, manufacturing and other technologies. New members include: Beijing AiYi Digital Finance Technology Co. Ltd, Broadridge Financial Solutions, Cloudsoft Corporation Ltd., Coinplug, Cuscal Limited, Eurostep Holdings Ltd., Skry (Coinalytics) and Soramitsu.

 

New Member Quotes:
Beijing AiYi Digital Finance Technology Co. Ltd
“Blockchain opens a new door to resource sharing and information protection,” said Danny Xin Lee, Executive Director of Beijing AiYi Digital Finance Technology. “Cooperation and collaborating with other companies on blockchain-based technologies enables us to expand our vision and new business territory in a way that would otherwise not be possible. We are excited to bring this innovation to the industry and China as a whole.”
Broadridge Financial Solutions
“We believe distributed ledger technology has transformative potential to improve the efficiency, safety and economics of the capital markets industry in a significant way,” said Vijay Mayadas, SVP and Global Head of Strategy, Broadridge. “We are thrilled to collaborate with the Hyperledger Project to help accelerate innovation and advance the open source development and shared infrastructure standard that underpins blockchain technology.”
Cloudsoft Corporation Ltd.
“Interest in blockchain technology has exploded and with this has come the recognition that deploying and managing blockchain applications in the cloud is a critical factor in its adoption by the broader business community,” said Duncan Johnston-Watt, CEO, Cloudsoft. “As the founders of the Apache Brooklyn top level project, addressing such management challenges is in our DNA and we are excited to bring our experience to bear on the Hyperledger Project.”
Coinplug
“Secure, shared and transparent blockchain technology has the potential to disrupt the financial industry and change our business,” said Ryan Uhr, CEO, Coinplug. “We are looking forward to being a part of the Hyperledger Project and seeing first-hand the benefits a collaborative project on ledger technology will bring.”
Cuscal Limited
“We’re very pleased to join the Hyperledger Project and contribute our expertise in payments and real-time processing to a very exciting project,” said Brian Parker, General Manager, Emerging Business, Cuscal. “We believe that distributed ledger technology has the potential to greatly improve legacy systems and processes and that working collaboratively is the best way to achieve this goal.”
Eurostep Holdings Ltd.
“At Eurostep Digital, we are actively developing a new solution for investors which will allow trading in securities of unlisted companies using smart contracts and blockchain technology,” said Charles Henri Hirsch, Chairman of Eurostep Holdings. “We bring new standards to this asset class with professional reporting from independent sector experts. We bring an asset management level of compliance, governance and data protection for both investors and unlisted companies.”
Soramitsu
“The adoption of blockchain and distributed ledger technology will be an important step forward in moving towards a protocol-driven economy, where actors can make informed decisions and manage data and assets in an efficient way,” said Makoto Takemiya, the CEO of Soramitsu. “We look forward to working with the Hyperledger project to create and promote global standards for interaction with blockchains and distributed ledgers.”
Skry (Coinalytics)
“We believe that blockchains will have a transformational impact across industries and see open collaboration as a key component for this technology to reach the next level,” said Fabio Federici, Co-Founder and CEO at Skry, Inc. “We are excited to join the Hyperledger Project and work with industry leaders on blockchain solutions to real-world problems.”
For more information about the Hyperledger Project, please visit: https://www.hyperledger.org/
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About The Linux Foundation
The Linux Foundation is the organization of choice for the world’s top developers and companies to build ecosystems that accelerate open technology development and commercial adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at www.linuxfoundation.org.
Media Contact
Ray George
The Linux Foundation/Hyperledger Project
rgeorge@linuxfoundation.org
650-922-3825

Open Source Blockchain Effort for the Enterprise Elects Leadership Positions and Gains New Investments

By Announcements

Open Source Blockchain Effort for the Enterprise Elects Leadership Positions and Gains New Investments

Hyperledger Project Board of Directors and Technical Steering Committee chair elected; new member investments underscore demand for open source blockchain platform development

LAKE TAHOE, Calif. – Collaboration Summit – March 29, 2016 – The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today is announcing the Hyperledger Project has filled key leadership positions and is welcoming new members. The Hyperledger Project is a collaborative effort to establish, build and sustain an open, distributed ledger platform that will satisfy a variety of use cases across multiple industries.

The results of the Board of Directors and Technical Steering Committee elections for the Hyperledger Project include the following:

  • Technical Steering Committee Chair: Chris Ferris, distinguished engineer and CTO of open technology at IBM
  • Technical Steering Committee members include: Tamás Blummer, Digital Asset Holdings; Mic Bowman, Intel; Richard Brown, R3; Stanislav Liberman, CME Group; Hart Montgomery, Fujitsu; Satoshi Oshima, Hitachi; Stefan Teis, Deutsche Börse; Emmanuel Viale, Accenture; Pardha Vishnumolakala, DTCC; and David Voell, J.P. Morgan.
  • Board Chair: Blythe Masters, CEO of Digital Asset Holdings
  • Governing Board members: Charles Cascarilla, CEO, itBit; Toshiya Cho, Hitachi; Jerry Cuomo, IBM; Chris Ferris, IBM; Dirk Hohndel, Intel; Todd McDonald, cofounder and COO, R3; Robert Palatnick, DTCC; Kireeti Reddy, CME Group; Stefan Teis, Deutsche Börse; Dave Treat, Accenture; Yoshinobu Sawano, Fujitsu; Santiago Suarez, J.P. Morgan; and Craig Young, CTO, SWIFT. itBit’s Cascarilla and SWIFT’s Young are newly elected board representatives since the formation in December 2015.

These appointments are made by member vote. The TSC drives technical direction of the Hyperledger Project, while the Governing Board manages business direction, including governance, marketing and operational decisions.

The Hyperledger Project today is also announcing ten new companies are joining the effort and investing in the future of an open blockchain ledger: Blockstream, Bloq, eVue Digital Labs, Gem, itBit, Milligan Partners, Montran Labs, Ribbit.me, Tequa Creek Holdings and Thomson Reuters.

“There is no other effort advancing an open blockchain with this level of broad industry representation and level of leadership,” said Jim Zemlin, executive director at The Linux Foundation. “The Hyperledger Project is among our fastest growing projects at The Linux Foundation. The opportunity is great. This leadership team and the community investments among members across industries put the project in the best position possible to accomplish its mission.”

Peer-to-peer in nature, distributed ledger technology is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things. Research reports estimate that the investment in blockchain by financial institutions alone will grow to $400 million by 2019 (see: Aite Group Blockchain Players in Capital Markets: Where Are the Pioneers Headed?, 2015). By creating a cross-industry open standard for distributed ledgers, virtually any digital exchange with value, such as real estate contracts, energy trades, marriage licenses, can securely and cost-effectively be tracked and traded.

“The Hyperledger Project is gaining traction on a daily basis, displaying how vital this effort is in advancing distributed ledger technology,” said Blythe Masters, CEO of Digital Asset Holdings and Board chair for the Hyperledger Project. “Uniting the industry to drive this initiative forward is paramount to the success of distributed ledger technology. The Linux Foundation and its members are collaborating on an open source infrastructure that will increase privacy and scalability, among many other benefits.”

“These member investments demonstrate that blockchain technology continues to grow in importance as the alternative approach to multinational business transactions,” said Chris Ferris, IBM Distinguished Engineer, CTO Open Technology, and Technical Steering Committee chair, Hyperledger Project. “By providing a community for members to collaborate and contribute to an open source blockchain solution, we’re able to advance the technology collectively and ultimately drive quicker adoption and higher value across industries.”

Comments from new Hyperledger members

Blockstream

“Blockchain technology is at the bleeding edge of computer science and ushers in a new paradigm of programmable trust,” said Dr. Adam Back, president of Blockstream. “We’re excited to offer our operational blockchain experience and collaborate with members of the Hyperledger Project to advance new applications of open ledger technology.”

Bloq

“Blockchain technology impacts every aspect of business – commerce, trading, security, to name a few,” said Matthew Roszak, co-founder, Bloq. “By developing this critical technology in an open source community, we’re able to collaborate, innovate and advance the technology to meet growing enterprise demands.”

eVue Digital Labs

“We understand the importance of uniting industry leaders to advance a technology forward,” said Bryce Weiner, chief operating officer, eVue Digital Labs. “eVue is extremely excited to collaborate with other Hyperledger Project members and contribute to this open source community.”

Gem

“Here at Gem, we understand the critical importance of establishing trust and transparency in the Blockchain economy,” said Micah Winkelspecht, founder and CEO, Gem. “We’re excited to collaborate with members of the Hyperledger Project to accelerate the open source, decentralized technology needed for industry-wide adoption.”

itBit

“As a financial services company that provides blockchain-based solutions, we understand the technology gaps that need to be filled to ensure enterprise demands are met,” said Charles Cascarilla, itBit’s co-founder and CEO. “Open source projects like the Hyperledger Project unite the world’s leading companies to address critical needs and advance a technology for greater adoption.”

Milligan Partners

“We’re eager to help standardize Blockchain technology by joining the Hyperledger Project,” said Matt Milligan, managing partner, Milligan Partners. “We understand the importance of collaborative development to overcome interoperability challenges in tolling operations, and we look forward to working together with project members from other disciplines.”

Montran Labs

“Secured, shared and transparent digital ledger systems are at the core of what we do,” said Alexandar Esca, director, Montran Labs. “Collaborating with other companies who are paving the way for blockchain-based technologies allows us to innovate in a way we couldn’t achieve working within our company walls.”

Ribbit.me

“Blockchain is essential to Ribbit.me’s business,” said Gregory Simon, CEO and co-founder, Ribbit.me. “It was a natural step for us to join the Hyperledger Project to help advance this critical technology.”

Tequa Creek Holdings

“In the future, as multiple companies rapidly collaborate to solve customer problems, providing decentralized provability of transactions between these partners is essential for them to trust each other,” said Robin Bayer, general manager, Tequa Creek Holdings. “We’re excited to be part of this open source community and contribute to the development of leading edge blockchain technologies.”

Thomson Reuters

“We’re excited about our partnership with the Hyperledger Project and collaborating with other members to accelerate deeper collaboration and a shared vision for the evolving blockchain technology and its applications in financial services, government, and enterprises,” said Bob Schukai, head of applied innovation, Thomson Reuters.

For more information about the Hyperledger Project, please visit: https://www.hyperledger.org/

About The Linux Foundation

The Linux Foundation is the organization of choice for the world’s top developers and companies to build ecosystems that accelerate open technology development and commercial adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at www.linuxfoundation.org.

# # #

The Linux Foundation and Linux Standard Base are trademarks of The Linux Foundation. Linux is a trademark of Linus Torvalds.

 

Linux Foundation’s Hyperledger Project Announces 30 Founding Members and Code Proposals To Advance Blockchain Technology

By Announcements

Linux Foundation’s Hyperledger Project Announces 30 Founding Members and Code Proposals To Advance Blockchain Technology

Distributed Ledger Effort Establishes Open Technical Governance Structure, Receives Influx of Code Contribution Proposals

SAN FRANCISCO, Calif., Feb. 9, 2016 – The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today is announcing new members from across the industry, a formal open governance structure and technical updates to the new Hyperledger Project.

The intent to form the Hyperledger Project, an open source project to advance the blockchain digital technology for recording and verifying transactions, was announced at the end of 2015. Founding members of the initiative represent a diverse group of stakeholders, including: ABN AMRO, Accenture, ANZ Bank, Blockchain, BNY Mellon, Calastone, Cisco, CLS, CME Group, ConsenSys, Credits, The Depository Trust & Clearing Corporation (DTCC), Deutsche Börse Group, Digital Asset Holdings, Fujitsu Limited, Guardtime, Hitachi, IBM, Intel, IntellectEU, J.P. Morgan, NEC, NTT DATA, R3, Red Hat, State Street, SWIFT, Symbiont, VMware and Wells Fargo. 

Global Business Leaders Contribute to Hyperledger

Since announcing the intent to form in December, the Hyperledger Project has received proposed code and technology contributions from several companies, including Blockstream, Digital Asset, IBM and Ripple. Other community members are contemplating contributions of their own.

As with all open source projects, technical contributions are welcome at any time, from anyone and will be reviewed by the newly formed Technical Steering Committee (TSC), which is comprised of industry-leading technical experts. The TSC is committed to open and transparent discussion, processes and decision-making. This group will oversee the project’s technical direction and working groups as well as manage multiple contributions to the code base. The TSC will be evaluating proposed contributions and go through an open community process to build out the initial and unified codebase.

Digital Asset has donated the trademark for the ‘Hyperledger’ name to the Linux Foundation. Use of the mark will be managed exclusively by the Governing Board of the Hyperledger Project with the approval of the Linux Foundation.

The Hyperledger Project is a collaborative effort to focus on an open platform that will satisfy a variety of use cases across multiple industries to streamline business processes. Peer-to-peer in nature, distributed ledger technology is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things. By creating a cross-industry open standard for distributed ledgers, virtually any digital exchange with value, such as real estate contracts, energy trades, marriage licenses, can securely and cost-effectively be tracked and traded.

“The Hyperledger Project has ramped up incredibly fast, a testament to how much pent-up interest, potential and enterprise demand there is for a cross-industry open standard for distributed ledgers,” said Jim Zemlin, executive director at The Linux Foundation. “Working on its own even the largest global corporation could not match the speed at which our new members are moving blockchain technology forward. Such a broad effort and investment is sure to have a great impact on our personal and professional lives.”

Members Adopt Open Governance Structure

The Hyperledger Project today is also announcing its ratified governance structure. A Board of Directors will guide business decisions, marketing and ensure alignment between the technical communities and members. Nominations are currently open for TSC members.

To stay connected or to be part of the technical discussions, be sure to subscribe to the TSC or Technical-Discuss mailing lists at lists.hyperledger.org. Hyperledger Project is a Linux Foundation Collaborative Project.

About The Linux Foundation

The Linux Foundation is the organization of choice for the world’s top developers and companies to build ecosystems that accelerate open technology development and commercial adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at www.linuxfoundation.org.

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The Linux Foundation and Linux Standard Base are trademarks of The Linux Foundation. Linux is a trademark of Linus Torvalds.

Media Contact
Jennifer Cloer
The Linux Foundation
503-867-2304
jennifer@linuxfoundation.org

Accenture

“The development of Blockchain technology has the potential to redefine the operations and economics of the financial services industry,” said Richard Lumb, chief executive – Financial Services, Accenture. “It emerges at an important time, as the industry strives to be leaner, more efficient and more digital. Open source development will accelerate the innovation and help drive the scalability of this technology, and we are proud to support the Hyperledger Project.”

CME Group

“As the development of distributed ledger technologies continues to accelerate, CME Group is especially pleased to become an active participant in the Hyperledger Project,” said Sandra Ro, Executive Director, CME Group. “We are continually working to develop and deliver innovative, efficient market solutions to our global client base.”

Deutsche Börse

“Deutsche Börse is taking a dynamic approach and will actively participate in the Hyperledger Project. Being part of it is an important element of our ambition to utilize Distributed Ledger Technology to bring effective solutions to our clients,” said Ashwin Kumar, Group Head of Product Development, Deutsche Börse Group.

Digital Asset

“The formation of Hyperledger marks a milestone in the advancement of distributed ledger technology,” said Blythe Masters, CEO of Digital Asset. “Digital Asset believes that it is vital for shared infrastructure to be open to critical inspection and collaboration, and this initiative will be pivotal in driving the global adoption of solutions to real-world problems.”

DTCC

Robert Palatnick, Managing Director, Chief Technology Architect, DTCC: “As a member of Hyperledger, DTCC is helping to play a leading role in creating the governance and standards for distributed ledger technology. Our goal is to ensure that new opportunities are in the best interests of the post-trade process and consistent with our long-term goals of mitigating risk, enhancing efficiencies and driving cost reductions for financial market participants. Open source and industry-wide collaboration are essential to realizing the full potential of distributed ledger technology and to avoid creating a disconnected maze of siloed solutions.” 

Fujitsu

“We at Fujitsu are confident that blockchain technology will accelerate disruptive change, not only in the financial industry, but also in many other industries where it will be put to active use,” said Takahito Tokita, Corporate Executive Officer SVP, Head of Financial Systems Unit, Integration Services Business of Fujitsu Limited. “We are delighted to work through the Hyperledger Project to contribute to the development of this technology.”

Hitachi

“Hitachi would continuously invest our resources and actively support the HyperLedger project. With numerous global organizations backing the effort, we believe blockchain will quickly mature and spread to more industries,” said Masayoshi Ogawa, President of Financial Information Systems Division, Information & Telecommunication Systems Company at Hitachi, Ltd.

IBM

“As a broad, open initiative inclusive of many different blockchain experts, the Hyperledger Project will advance the open blockchain standard for uses across many industries,” said Jerry Cuomo, vice president blockchain, IBM. “By focusing on an open platform, there’s no limit to the types of applications and frameworks that will one day be built on top of it.”

Intel

“Blockchain technology can help enable secure transfer of digital assets among known and unknown parties,” said Imad Sousou, vice president and general manager, Open Source Technology Center, Intel Corporation. “Intel looks forward to collaborating with the Hyperledger Project to advance the security, scalability, and privacy of transactions in enterprise and permission-less systems.”

R3

“R3 is excited to bring our deep bench of subject matter experts and broad network of over 40 global financial institutions to the Linux Foundation’s distributed ledger initiative,”  said David Rutter, R3’s co-founder and CEO.  “Working together, we can drive innovation across financial services that will impact our industry in the same way the Internet revolutionized media and entertainment.”

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Linux Foundation Unites Industry Leaders to Advance Blockchain Technology

By Announcements

SAN FRANCISCO, CA – (December 17, 2015) – The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. The project will develop an enterprise grade, open source distributed ledger framework and free developers to focus on building robust, industry-specific applications, platforms and hardware systems to support business transactions.

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