HACERA, IBM Launch the “Yellow Pages” of Blockchains
Blockchain development firm HACERA launched a registry that includes blockchain networks across different industries. IBM joined the project as a founding member.
IBM announced on Thursday that it was joining the HACERA Unbounded Registry as a founding member. The project aims to create a platform that would include all blockchains and blockchain-related companies in a catalog-like format. IBM said that this looks like the Yellow Pages of blockchain, given the conceptual similarities with the old yellow books popular in the US and other countries, which structured a directory of businesses by brand name and phone number.
The Unbounded Registry project led by blockchain firm HACERA was officially launched on Thursday. The startup states that it intends to build a decentralized cross-blockchain catalog that would display permissioned and permissionless blockchain networks via a directory of blockchains. This would result in an online platform that enables interoperability across various distributed ledger networks no matter their protocols.
Jerry Cuomo, VP of Blockchain Technologies at IBM, explained in the announcement:
“As the number of blockchain consortiums, networks and applications continues to grow we need a means to list them and make them known to the world, in order to unleash the power of blockchain. The Unbounded Registry, built on blockchain technology, provides a decentralized means to register, look up, join and transact across a variety of blockchain solutions, built to interoperate with all of today’s popular distributed ledger technologies.”
Given that the platform is a permissioned blockchain system, members have to initially apply and get approval before joining the registry. However, HACERA and IBM have not yet disclosed the standards and criteria for acceptance into the catalog.
IBM said that it had been working with HACERA since before this project. The latter became one of the first members of the IBM Blockchain ecosystem in 2016.