The Hyperledger Project, led by the Linux Foundation and aimed at the development of an enterprise-grade, open source distributed ledger framework and codebase, recently announced that seven new members have joined the project.
New members are INVeSHARE, MonetaGo, Swedish developer Norbloc, the Moscow Exchange, and three Chinese firms: BitSE, Belink Technologies and Onchain.
“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 the 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.”
The growing global dimension of the Hyperledger Project, with its new Russian and Chinese members, seems especially interesting. In fact, while payment and financial applications of distributed ledger technology are relatively well established in Europe and the English speaking world, new applications beyond finance, such as smart contracts, e-voting and the Internet-of-Things (IoT) as well as new markets such as (the potentially huge) Chinese market, are likely to attract more interest and investments in the coming year.
The Moscow Exchange , formed in December 2011 by merging the Moscow Interbank Currency Exchange (MICEX) and the Russian Trading System, is the largest exchange group in Russia; operating trading markets in equities, bonds, derivatives, the foreign exchange market, money markets and precious metals. The Moscow Exchange Group also operates the National Settlement Depository (NSD), Russia’s central securities depository, and the country’s largest clearing service provider (National Clearing Center).
In May, Bitcoin Magazine reported that the NSD developed and successfully tested an e-proxy voting system running on a distributed ledger built with the NXT distributed cryptographic platform.
“Moscow Exchange is excited to join the Hyperledger […]
