In February, Bitcoin Magazine reported that The Linux Foundation’s Hyperledger Project , a collaborative effort started in December to establish, build and sustain an open, distributed ledger platform that will satisfy a variety of use cases across multiple industries, was announcing new members from across the industry, technical updates and a formal open governance structure.
Now, with a press release published on its main website and the Hyperledger website, The Linux Foundation is announcing that the Hyperledger Project has filled key leadership positions and 10 new companies are joining the project 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.
“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, who was appointed 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.”
The project’s governing board, which manages business direction, including governance, marketing and operational decisions, has been expanded with new elected members from SWIFT and itBit.
“SWIFT is delighted to support this industry wide effort to advance distributed ledger technology,” said new governing board member Craig Young, SWIFT’s chief technology officer, in December. “Cooperation and collaboration ‒ hallmarks of the SWIFT cooperative ‒ will be key to ensuring the scalability and adoption of this technology.”
“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,” added new governing board member Charles Cascarilla, itBit’s […]
