Hyperledger Adds 16 More Members, Including Citi, Deutsche Telekom, Alibaba Cloud

Hyperledger said on Wednesday that its project was joined by 16 more companies, including Citi, Alibaba Cloud, and Deutsche Telekom.

Linux-backed blockchain project Hyperledger announced on Wednesday that it had added 16 more members, including big names like Citi, Alibaba Cloud, and Deutsche Telekom. The announcement was made during the Hyperledger Global Forum, organized in Basel, Switzerland.

Hyperledger is an umbrella project that includes multiple blockchain frameworks and tools, most of which are aimed at enterprises. The distributed ledger technologies (DLTs) built through Hyperledger are already successfully implemented by many entities worldwide.

Hyperledger allows companies to develop various applications, DLT platforms, and hardware systems to be integrated into their existing systems and infrastructures. The project has many contributors and a lot of members. Recently, the following companies joined Hyperledger: Alibaba Cloud, Deutsche Telekom, we.trade, Citi, BlockDao (Hangzhou) Information Technology, Guangzhishu (Beijing) Technology, Guangzhou Technology Innovation Space Information Technology, KEB Hana Bank, HealthVerity, MediConCen, Techrock (formerly Walimai), and Xooa.

Hyperledger executive director Brian Behlendorf commented:

“We are starting Global Forum off with a bang with this impressive line-up of new members. The growing Hyperledger community reflects the increasing importance of open source efforts to build enterprise blockchain technologies across industries and markets. The latest members showcase the widening interest in and impact of DLT and Hyperledger.”

Also, given that Hyperledger is an open community, it welcomes contributions from other organizations, such as non-profits, government agencies, and open source projects, all of which get the status of associate members. Thus, the latest entities joining the Hyperledger community as associate members are Wall Street Blockchain Alliance, Association of Blockchain Developers of Saint Petersburg, Business School of Hunan University, and Sun Yat-sun University.

Beth Devin, who leads the Innovation Network & Emerging Technology unit at Citi Ventures, stated:

“At Citi, we're constantly evaluating how emerging technologies could solve real problems for our clients and create new growth opportunities in the wider business ecosystem. We believe blockchain has the potential to drive new forms of efficiency and develop new markets, and are pleased to join the Hyperledger project to advance our exploration.”

At the beginning of October, we reported that Hyperlegder and the Enterprise Ethereum Alliance (EEA), which have been regarded as great rivals in the blockchain world, had jointly announced that they had become associate members in each other’s group.

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