Share this article
Hyperledger Blockchain Consortium Adds Bosch, Wipro and More as New Members
Hyperledger blockchain consortium has added five new members to its roster of over 170 organizations, including Bosch and Wipro.
Updated Sep 13, 2021, 7:04 a.m. Published Oct 24, 2017, 12:00 p.m.
Make us preferred on Google
Linux Foundation-backed blockchain consortium Hyperledger has added five new members to its portfolio.
Following the recent additions of China's search engine giant Baidu and business networking company Tradeshift, Hyperledger has now opened its doors to general members Robert Bosch GmbH, Indian IT firm Wipro, Beijing Xiaomi Mobile Software, cognitive solutions and cloud platform Cognition Foundry, and Dubai-based holding company Majid Al Futtaim.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Aiming to build a range of applications and platforms based on open-source distributed ledger frameworks, the new additions mean Hyperledger now has more than 170 member organizations from across various industries including finance, banking, Internet of Things (IoT) and more.
According to Donya-Florence Amer, executive vice president at Bosch, her firm recognizes blockchain as a "key" technology in its push to become more IoT-focused.
She said:
“Hyperledger as the blockchain derivate focusing on industrial usage is key for us. Bosch has its strength in the full stack of IoT devices, cloud services for data storage and processing, experience in delivering critical software, and industrial processes with strong partnerships. We are very much looking forward to working with and to contributing to this alliance.”
Brian Behlendorf, executive director of Hyperledger, said the flow of members joining the group indicates Hyperledger is heading in the right direction, and highlights the importance of blockchain in business solutions.
In its announcement, Hyperledger also indicated it is currently developing eight business blockchain technologies including Fabric, Iroha and Sawtooth, among others.
Handshake image via Shutterstock
Di più per voi
BlackRock exec says 1% crypto allocation in Asia could unlock $2 trillion in new flows
During a panel discussion at Consensus in Hong Kong, Peach pointed to massive capital pools in traditional finance as ETF adoption spreads across Asia.
Cosa sapere:
- Even a 1% crypto allocation in standard portfolios across Asia could translate into nearly $2 trillion of inflows, highlighting how modest shifts in asset allocation could transform the digital asset market, according to the head of APAC iShares at BlackRock, Nicholas Peach.
- BlackRock's iShares unit, whose U.S.-listed spot Bitcoin ETF IBIT has rapidly grown to about $53 billion in assets, is seeing strong demand from Asian investors as ETF adoption accelerates across the region.
- Regulators in markets such as Hong Kong, Japan and South Korea are moving toward broader crypto ETF offerings, but industry leaders say investor education and portfolio strategy will be critical to channeling traditional finance capital into digital assets.
Top Stories
