Blockchain
Hyperledger Announces Eight New Members, Host of Project Updates
Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, announced the latest line-up of new members to join its enterprise blockchain community. Eight new members, including Telefónica, Tech Mahindra and ETC Cooperative, have joined bringing added diversity to the multi-venture, multi-stakeholder effort hosted at the Linux Foundation.
Hyperledger recently unveiled a host of project news, including the introduction of Hyperledger Avalon, the release of Hyperledger Sawtooth 1.2 and Sawtooth PBFT 1.0 and updates to Hyperledger Quilt and Hyperledger Burrow. In addition, Hyperledger announced the launch on the Hyperledger Certified Service Provider (HCSP) program along with five initial members. The Hyperledger community also came together in Russia for its first Moscow Bootcamp.
“The fourth quarter has been busy on many fronts,” said Brian Behlendorf, Executive Director, Hyperledger. “We’ve hit the 15 project milestone with the introduction of Hyperledger Avalon, and are seeing growing development and traction across our other projects. We have also launched our Hyperledger Certified Service Provider program to boost deployment speed and efficiency for enterprises. Now, this diverse line-up of new members adds even more depth and breadth to our community and momentum to our efforts to advance the state of enterprise blockchain technologies.”
Hyperledger allows organizations to create solid, industry-specific applications, platforms and hardware systems to support their individual business transactions by offering enterprise-grade, open source distributed ledger frameworks and code bases. General members joining the community are BlocWatch, BondEvalue, Ledger Leopard, LimeChain, Telefónica, Tech Mahindra and Vonechain Technology.
Hyperledger supports an open community that values the 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 ETC Cooperative.
New member quotes:
BlocWatch
“We are excited and proud to join the Hyperledger community,” said Aaron Klein, Co-Founder & CEO of BlocWatch. “At BlocWatch, we are dedicated to helping enterprise users, and their service providers, adopt and leverage blockchain technology. We provide blockchain users with visibility, monitoring, and automated operational and security alerting to ensure the best possible return on their blockchain investment.”
BondEvalue
“As a blockchain bond exchange that connects with financial institutions, we are delighted to join the Hyperledger community and leverage its powerful permissioned blockchain technology,” said Rajaram Kannan, Co-founder and CTO at BondEvalue. “Our Hyperledger Sawtooth-based system is able to match and settle trades within a few seconds that otherwise take 2-3 days.”
Ledger Leopard
“Ledger Leopard, as a blockchain solution provider, works with multiple solutions to provide the right fit for our customers,” said Jeroen van Megchelen, CTO of Ledger Leopard. “Blockchain brings a set of tools and benefits to work together in a supply chain in a more efficient and trustworthy way. The Hyperledger technologies and community are an example of the decentralized corporation and willingness to think outside the box and create and better business models. Becoming a part of the Hyperledger family and working with the global community is a logical step to bring this to the next level. The paradigm shift of blockchain needs to come from a movement and we are proud to be part of this ecosystem. Together we will create the digital identity to move through optimized supply chains where people have control of their own data, and do tokenized payments, using Hyperledger Indy for identification systems.”
LimeChain
“I’m extremely happy and thrilled to share that LimeChain is joining Hyperledger and the Linux Foundation!” said Nick Todorov, CEO, and co-founder of LimeChain. “As a premier Blockchain & DLT solutions provider this is not just a logical next step for us, but a strategic move that will help LimeChain provide even better solutions to its clients and partners. We are really excited about working with Hyperledger and about the potential synergies we will see with the Hyperledger community.”
Tech Mahindra
“Tech Mahindra has demonstrated strong product development capabilities using Hyperledger projects by developing 25+ Blockchain platforms and also implemented one of the world’s largest Blockchain networks covering 400 million+ subscribers in India to fight spam calls and text,” said Rajesh Dhuddu, Global Practice Leader – Blockchain, Tech Mahindra. “By joining Hyperledger, Tech Mahindra would like to play a strong role in architecting the future of Hyperledger technologies by architecting cutting-edge solutions to solve tough business problems for enterprises globally.”
Telefónica
“At Telefónica we have been exploring the real value of blockchain for our customers for a long time, and we believe that value is in the layer of trust that adds to operations,” says José Luis Núñez, Global Head for Blockchain at Telefónica. “Hyperledger’s community is key in the development of the technology that companies and organizations from all industries are using as a de facto standard for building business blockchain networks. We are delighted with the possibility of contributing to both the ongoing projects and new initiatives that may be launched in the coming months to continue helping companies in building these trusted networks.”
Vonechain Technology
“Blockchain is not only known as the basic technology of human collaboration, but is also one of the technical foundations of the digital world that we will be living in the future. Thus Hyperledger is going to be the factual standard of consortium blockchain between organizations,” said Vonechain Technology CEO Terry Liu. “As a blockchain innovator that serves the global market, Vonechain Technology strives to match suitable blockchain application to clients from all over the world based on four major product lines, which are tracing platform, autonomous platform, digital assets management platform, business environment platform, and 10 solutions.”
SOURCE Hyperledger
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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