Microsoft, Ethereum Foundation Among Others To Join The New Identity Project By Hyperledger

Open source blockchain network, Hyperledger announced on Tuesday that eight new members had joined the platform, including Microsoft, Nornickel, Ethereum Foundation, and SalesForce. It also introduced a new identity project which would focus on interoperability, broad community involvement, and cross-project development. This project is dubbed as Hyperledger Aries.

Commenting on the new entries, Brian Behlendorf, Executive Director, Hyperledger said,

Our new members illustrate the breadth of organizations that see the value of contributing to the Hyperledger community. The mix of blue-chip technology companies, international organizations, logistics, and manufacturing players and academia that have joined us from the point around the world show the widespread interest and investment in open source enterprise blockchain technologies.

Behlendorf further added that such involvements drive the expanding portfolios of the company. These portfolios are entirely conceived and developed by the growing Hyperledger community, he said. The newly joined members include Gloscad, Microsoft, Milligan Partners, Nornickel, SalesForce, and Ethereum Foundation.

Hyperledger is a multi-venture blockchain network governed by the Linux Foundation. It offers various enterprise solutions based on blockchain tech and DLT. Hyperledger Aries is a distributed network of tools which facilitates

the exchange of Blockchain-based data, supports peer-to-peer messaging in various scenarios, and facilitates interoperable interaction between different blockchains and other distributed ledger technologies (DLTs).

Gloscad CEO and co-founder, Criss Boukoulou said,

Hyperledger offers an opportunity to reinvent the agricultural model by building trust on the human level. As a general member, we look forward to contributing to this new ecosystem.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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