Hyperledger Projects Maintains Strong Momentum With New Members

SAN FRANCISCO, CA--(Marketwired - 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."