Diverse lineup of new members includes Blinking, Estateably and Yale University
SAN FRANCISCO – (August 28, 2018) – Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced 13 new members have joined to the project. From digital identity management to estate settlement and business services to academia, the newest members represent the broadening interest and investment in blockchain technologies.
We have a front row view of enterprise blockchain’s transition from a promising technology to a strategic business approach,” said Brian Behlendorf, Executive Director, Hyperledger. “Our growing community reflects the diverse range of businesses that are embracing blockchain to improve how they and, often, their entire industry do business. The increasing adoption and application of Hyperledger, especially to power cross-segment initiatives, industry platforms and interoperability, shows the value of deploying blockchain technologies and solidifies the business case for more and more organizations. We welcome these new organizations and their contributions to the community.”
Hyperledger is a multi-project, multi-stakeholder effort that includes 10 business blockchain and distributed ledger technologies. A full breakdown of these projects are available in the new white paper An Introduction to Hyperledger, a comprehensive overview of why Hyperledger was created, how it is governed, and what it hopes to achieve. The paper covers the basic concepts of blockchain, Hyperledger’s open source approach and design philosophy and a line-up of use cases.
Hyperledger’s goal is to enable organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases. The latest general members to join the community are: Bezant, Blinking, ChainNinja, China Securities Credit Investment, Datapace, Estateably, FinFabrik, Intain and SoluTech.
Hyperledger supports an open community that values contributions and participation from various entities. As such, pre-approved non-profits, open source projects and government entities can join Hyperledger at no cost as associate members. Associate members joining this month include AAIS (American Association of Insurance Services), Center for CPS & IoT (CCI) at USC Viterbi School of Engineering, Penn Blockchain Club and Yale University.
New member quotes:
“Bezant is delighted to be part of the Hyperledger community and contribute to its mission,” said Steve Tay, Foundation Representative Director of Bezant. “As we strive to drive business growth and innovation with our blockchain and services platforms, our team looks forward to collaborating with Hyperledger and fellow members to accelerate the development and adoption of blockchain technology in all industries.”
“We are very much thrilled and proud to join the Hyperledger community,” said Alex Migitko, CEO of Blinking. “Blinking offers a multi-factor authentication ID-management tool that gives users complete control over their data. It is an online platform for creating, managing and confirming digital identities that enables users to truly own their personal private data. For businesses, we created a proprietary KYC tool and GDPR-compliant storage. We rely on Hyperledger and chose Hyperledger Fabric as Blinking core framework because it is a very well designed solution with a great balance between simplicity and features required to build a high-quality business solution. Hyperledger Fabric’s easy integration with other technologies, strong community and sound support truly give us a chance to focus on our expertise – developing a digital identity management system that gives users a true digital representation of their identity based on many personal features including biometrics.”
“We are thrilled to be a part of the Linux Foundation and join the Hyperledger community in shaping the future of Blockchain while accelerating the growth of ChainNinja as a premier Blockchain professional services company,” said Lisa Marks, CEO of ChainNinja. “In collaboration with the members of the Linux Foundation and Hyperledger, we are excited to turn a corner with such a disruptive technology. Teaming with the top technical and business professionals in the world will be key in realizing our goal of deploying and scaling the best decentralized applications.”
China Securities Credit Investment Co., Ltd.
“As a leading credit tech service provider in China, CSCI is dedicated to building an infrastructure to support the full lifecycle of credit-based asset, from asset generation to asset trading and asset management. Because our capabilities are embedded in the entire credit value chain, we’re able to reduce the cost of credit risk management, improve the efficiency of asset circulation, and mitigate the investment risk. All of these cannot be achieved without the support of our proprietary technological application of blockchain, artificial intelligence, and big data. Not only have we already applied these technologies to our business scenarios, but we are empowering our partners with such technical capabilities,” said Mr. Hao Chen, the Chief Data Officer of CSCI (China Securities Credit Investment Co., Ltd.). “CSCI is very pleased to be a member of Hyperledger. We already have a top-tier blockchain team working in this domain. As a member of Hyperleger, CSCI will actively engage in technical collaboration with other members. By working together to mobilize resources, CSCI endeavors to lower the barriers of adopting blockchain technologies in credit service. In addition, CSCI will also contribute our codes and best practices to the Hyperledger community. We expect to collaborate with other members to explore the various applications of blockchain technologies, especially innovative application in the credit-tech service area.”
“With open source and blockchain being synonyms for trust, Hyperledger was the natural choice for developing Datapace, a decentralized data marketplace powered by blockchain technology and the global network of sensors and telemetry-equipped locations,” said George Saleh, Datapace CEO.”Furthermore, the private, permissioned nature of Hyperledger is a perfect match for our enterprise-focused data marketplace mission of providing secure and automated monetization and exchange of data to unlock its enormous value.”
“In most jurisdictions around the globe, the pace of estate settlement – the process whereby the assets of a deceased person are transferred to beneficiaries – is impeded significantly by the lack of trust that exists amongst multiple participants using their own systems of record,” says Ari Brojde, CEO of Estateably. “We believe that distributed ledger technology is the key to bringing Estateably’s mission of facilitating near-instant estate settlement while maintaining compliance with local rules and regulations to life. Given that Hyperledger Fabric is the most advanced open-source platform for enterprise-grade blockchain networks, we feel it is best suited to meet the business requirements of estate settlement participants and drive efficiencies for our target users in both governments and professional firms offering estate administration services. We are delighted to join the Hyperledger family and look forward to working with its community to promote the development of blockchain technology.”
“FinFabrik is fueling the reinvention of finance with the most useful, interoperable and future-proof technology. We are enabling clients’ and partners’ growth with cross-chain capabilities for primary issuance of digital asset-backed securities and easy-to-use secondary multi-assets trading,” said Alex Medana, FinFabrik co-founder and CEO. “Joining Hyperledger is an amazing step in FinFabrik’s journey towards reinventing capital markets. We can’t do it solely on our own and are looking forward to collaborating with all players in the ecosystem to bring value to a larger audience.”
“I don’t know if it was brave or foolhardy, but, in an industry plagued by PoC fatigue even for a complex use case like asset securitization, Intain directly went into a production pilot,” said Siddhartha, founder and CEO of Intain. “This decision meant that we needed to work with the Hyperledger community as we crossed various hurdles over the last four months. Our membership, in a way, formalizes this association. In addition, through our new Blockchain Competence Center, which is focused on Hyperledger Fabric and is 80% women, we hope we can strengthen the Hyperledger community and add to its diversity.”
“The SoluTech team is extremely delighted to be able to work with the growing Hyperledger community to create enterprise blockchain solutions for all businesses, ” said Nathan Pitruzzello, CEO of SoluTech. “The Scroll Network, SoluTech’s premier blockchain solution, is being built to satisfy all data management requisites for businesses worldwide. With the cross integration of Hyperledger solutions, we believe the Scroll Network will be able to service our future clients in any way they need distributed ledger technologies.”
Join industry peers in helping build and shape the ecosystem for blockchain technologies, use cases and applications. More information on joining Hyperledger as a member organization can be found here: https://www.hyperledger.org/members/join.
About Hyperledger
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.