Hyperledger blockchain project welcomes six new members

Enterprise blockchain project Hyperledger has announced that six more organizations have joined its community.

The latest general members include CENCON BLOCKCHAIN GROUP, State Farm Insurance and Vered Information Technology.

Recently, the Enterprise Ethereum Alliance (EEA), a consortium driving the adoption of Enterprise Ethereum, and Hyperledger announced that they have joined each other’s organizations as associate members. Other associate members joining Hyperledger this month include CPqD and Information Technologies Institute, a member of Centre for Research and Technology Hellas (CERTH).

Hyperledger is going to hold the inaugural 2018 Hyperledger Global Forum on December 12-15 in Basel, Switzerland at the Congress Center Basel.

“Our growing, diverse and active community is what powers Hyperledger,” said Brian Behlendorf, Executive Director, Hyperledger. “Preparing for the first Hyperledger Global Forum has really brought the scope and scale of all this community has accomplished into focus. Everything from the advances to the core technology to the diverse use cases and the increasing success stories to community-led training and collaboration underscore Hyperledger’s growing momentum. The latest members bring even more energy and diversity to the table, helping advance enterprise blockchain adoption worldwide.”

Hosted by The Linux Foundation, Hyperledger enables organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases. The multi-project, multi-stakeholder effort includes 10 business blockchain and distributed ledger technologies.

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“Hyperledger Fabric is now more accessible to developers who have already started working with …

“Blockchain developers are given more choice”

JAXenter: Hyperledger Fabric now supports Ethereum. Is this something developers have asked for or did this decision have something to do with the fact that Hyperledger and Enterprise Ethereum Alliance recently joined forces?

Christopher Ferris: Our main motivation was to give developers a migration path from Ethereum to a robust permissioned platform of Hyperledger Fabric. We wanted to make the transition as easy as possible and also give developers the ability to reuse whatever they may have already developed on Ethereum. This line of work was motivated and initiated separately from the fact that Hyperledger and the EEA have recently joined forces.

However, both are motivated by the idea that Hyperledger and Ethereum communities can work together.

JAXenter: What does this step say about the partnership between Hyperledger and Ethereum? Was such a collaboration always in the cards?

Christopher Ferris: Hyperledger has always been a community looking for effective ways to collaborate with projects within and outside of the community. We made valiant attempts at bringing Ethereum projects to Hyperledger as far back as summer of 2016. Hyperledger support of Ethereum technologies can be seen through the addition of the Burrow project, a blockchain platform that supports the Ethereum Virtual Machine as its smart contract runtime, and the integrations of that capability into Hyperledger Sawtooth and Hyperledger Fabric. This feature just furthers our belief that Hyperledger and Ethereum can work together.

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JAXenter: What does this mean for Hyperledger Fabric?

Christopher Ferris: Hyperledger Fabric becomes more accessible to developers who have already started working with Ethereum and its associated tools. This feature also enables those who wish to use the robust permissioned platform and consensus model of Fabric but prefer the Ethereum smart contract runtime.

JAXenter: What does this mean for Ethereum and blockchain developers? How does it make their lives easier?

Christopher Ferris: For Ethereum, it has the ability to gain developers into their community who have been seeking a robust permissioned platform with a strong community behind it. With the addition of the EVM into Fabric, developers will be invested in both communities which is an asset. Blockchain developers, in general, are given more choice. Their smart contract runtime will not necessarily dictate which blockchain network they must use opening many possibilities for them.

Though more choice is not always easier, this piece of work gives developers a simpler way to simultaneously evaluate Hyperledger Fabric and Ethereum.

SEE ALSO: Brian Behlendorf: “A shared code base serves as an excellent way of concurrently building a standard for coexisting on a blockchain”

With the addition of the EVM into Fabric, developers will be invested in both communities which is an asset. Blockchain developers, in general, are given more choice.

JAXenter: Are there plans to adopt other features from the Ethereum ecosystem?

Christopher Ferris: We do want to adopt other features from the Ethereum ecosystem and are looking for feedback from the community to decide where we should take this line of work next. Some areas we will immediately be focusing on are adding smart contract events and support for Remix and Truffle.

JAXenter: In addition to introducing a new smart contract runtime, there’s also a corresponding web3 provider that can be used to develop decentralized applications using web3.js. How can developers build a decentralized application with Hyperledger Fabric?

Christopher Ferris: As part of this release, we have also created a provider that we are calling Fab3, which implements a subset of the Ethereum JSON RPC API. It acts as a proxy to the Fabric network enabling developers to start building decentralized applications with Fabric in a similar fashion as they are built with Ethereum.

One aspect that will be different is that smart contract events are not supported yet, so commands and dapps using that feature will not work yet.

Thank you!

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HyperLedger is a Platform-Agnostic Toolset For Building Blockchain Apps

This article is part of ProgrammableWeb’s series on Crytocurrency and Blockchain. Please check out our articles on Ethereum, an overview of the businesses providing tools and services to the blockchain world, a look at some well known APIs in the space, and a case study on Ripple.

With the popularity of blockchain, tools will most certainly come along so that companies don’t have to reinvent the wheel. Ethereum is a popular means to create blockchain apps, building on Ethereum’s flavor of blockchain. Up-and-coming in 2018 is HyperLedger, from the Linux Foundation.

While often perceived as competitive to Ethereum, HyperLedger actually operates on a different wavelength. In fact, new efforts have come along to enable HyperLedger to work alongside Ethereum. While Ethereum enables new applications on its blockchain, HyperLedger provides a set of agnostic tools for developers who are building blockchain apps, regardless of the core blockchain layer. For instance, if I wanted to build blockchain technology from the ground up, like Ripple has done, HyperLedger provides supportive tools. Likewise if I want to build with a pre-existing blockchain platform.

HyperLedger is therefore an umbrella project involving a suite of the following tools for blockchain developers:

Sawtooth

Defined as “a modular platform for building, deploying, and running distributed ledgers,” Sawtooth essentially provides a platform layer for blockchain application development to build applications on one’s own blockchain (similar to what Ripple has done for itself). It’s designed for enterprises building with their own blockchain.

Fabric

Another platform layer to start building blockchain apps more easily, lead by IBM. Like Sawtooth, this can be used to build applications on your own blockchain.

Iroha

A blockchain framework intended for infrastructure projects.It has a focus on mobile development, with tools for iOS and Android.

Burrow

Burrow is essentially a set of tools built on top of Ethereum to support Ethereum development. It includes an Ethereum virtual machine, and an API gateway to expose REST and JSON-RPC APIs from one’s application.

Indy

Indy provides a framework for “decentralized identity”, basically supporting identity management on the blockchain.

HyperLedger’s community boasts many high profile members, such as IBM, Intel, and Cisco. Several of these members are bringing their blockchain efforts to the HyperLedger community, opening-up frameworks such as IBM’s Fabric as part of the HyperLedger program. We anticipate more tools being shared through the Linux foundation as the offerings from the various players mature.

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Six new members, including State Farm Insurance and EEA join Hyperledger

Hyperledger, the open source collaborative effort created to advance cross-industry blockchain technologies, today announced six more organizations have joined the community. The newest members represent the balance of blue-chip, entrepreneurial and technology-focused organizations that are at the core of Hyperleder’s diverse ecosystem. Hyperledger is a multi-project, multi-stakeholder effort that includes 10 business blockchain and distributed ledger technologies.

These projects are the result of the hands-on work of contributors around the world who develop and maintain the code for the frameworks and tools as well as provide governance and organizational resources.

To date, the community has made thousands of code contributions, adding up to millions of lines of code. This collective development effort most recently delivered the releases of Hyperledger Fabric 1.3.

“Our growing, diverse and active community is what powers Hyperledger. Preparing for the first Hyperledger Global Forum has really brought the scope and scale of all this community has accomplished into focus. Everything from the advances to the core technology to the diverse use cases and the increasing success stories to community-led training and collaboration underscore Hyperledger’s growing momentum. The latest members bring even more energy and diversity to the table, helping advance enterprise blockchain adoption worldwide.”

Brian Behlendorf, Executive Director, Hyperledger.

Hyperledger enables organizations to build robust, industry-specific applications, platforms, and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases. The latest general members to join the community are: CENCON BLOCKCHAIN GROUP, State Farm Insurance, and Vered Information Technology.

Hyperledger supports an open community that values 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 CPqD, Enterprise Ethereum Alliance (EEA) and Information Technologies Institute, a member of Centre for Research and Technology Hellas (CERTH).

“Being a chainist and an innovator in blockchain, CENCON is honored to be a new member of Hyperledger and The Linux Foundation community, which has so many technology giants and industry leaders. CENCON’s target customers are entity entrepreneurs with high values of brand, credit and fixed assets. With the support of Hyperledger, The Linux Foundation community and the power of blockchain technologies, CENCON is achieving its vision and mission to be greater through the ‘CENCON One Touch Blockchain System’ and the ‘CENCON New Trust Business Ecosystem.’”

“State Farm believes the financial and insurance industries are poised for blockchain disruption. We are rapidly approaching a window of opportunity to help shape blockchain innovations. Through strategic relationships with consortiums and other blockchain-related groups, State Farm is looking to collaborate and explore with organizations to learn and better understand what this type of technology can do for our organizations and customers.”

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Software Development and Community Growth Continues for Hyperledger

SAN FRANCISCO, Oct. 30, 2018 /PRNewswire/ —Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced six more organizations have joined the community. The newest members represent the balance of blue chip, entrepreneurial and technology-focused organizations that are at the core of Hyperleder’s diverse ecosystem.

Hyperledger is a multi-project, multi-stakeholder effort that includes 10 business blockchain and distributed ledger technologies. These projects are the result of the hands-on work of contributors around the world who develop and maintain the code for the frameworks and tools as well as provide governance and organizational resources. To date, the community has made thousands of code contributions, adding up to millions of lines of code. This collective development effort most recently delivered the release of Hyperledger Fabric 1.3.

“Our growing, diverse and active community is what powers Hyperledger,” said Brian Behlendorf, Executive Director, Hyperledger. “Preparing for the first Hyperledger Global Forum has really brought the scope and scale of all this community has accomplished into focus. Everything from the advances to the core technology to the diverse use cases and the increasing success stories to community-led training and collaboration underscore Hyperledger’s growing momentum. The latest members bring even more energy and diversity to the table, helping advance enterprise blockchain adoption worldwide.”

Hyperledger enables organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases. The latest general members to join the community are: CENCON BLOCKCHAIN GROUP, State Farm Insurance and Vered Information Technology.

Hyperledger supports an open community that values 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 CPqD, Enterprise Ethereum Alliance (EEA) and Information Technologies Institute, a member of Centre for Research and Technology Hellas (CERTH).

New member quotes:

CENCON BLOCKCHAIN GROUP

“Being a chainist and an innovator in blockchain, CENCON is honored to be a new member of Hyperledger and The Linux Foundation community, which has so many technology giants and industry leaders,” said Jacky XU, Founder and CEO of CENCON BLOCKCHAIN GROUP. “CENCON’s target customers are entity entrepreneurs with high values of brand, credit and fixed assets. With the support of Hyperledger, The Linux Foundation community and the power of blockchain technologies, CENCON is achieving its vision and mission to be greater through the ‘CENCON One Touch Blockchain System’ and the ‘CENCON New Trust Business Ecosystem.'”

State Farm

“State Farm believes the financial and insurance industries are poised for blockchain disruption. We are rapidly approaching a window of opportunity to help shape blockchain innovations,” says State Farm Innovation Executive Mike Fields. “Through strategic relationships with consortiums and other blockchain-related groups, State Farm is looking to collaborate and explore with organizations to learn and better understand what this type of technology can do for our organizations and customers.”

Vered Information Technologies

“We are pleased to join the Hyperledger community,” said Chen Heng, CEO of Bigtree Finance, a subsidiary of Vered Holdings Corporation. “Dedicated to the practice of blockchain technology, Bigtree Finance focuses on the industrialization of technology and commits itself to the in-depth integration of blockchain, big data, cloud computing and AI to provide Fintech service to supply chains all over the world. We have developed Biglock Blockchain Platform, a consortium blockchain for supply chain finance, and are applying this technology to ensure genuine trade data by verification so as to minimize the information asymmetry in transactions. Since the second half of 2017, we have successfully employed Biglock Blockchain Platform in many substantial business models and promoted it actively to many other industry segments. We look forward to dialogue and cooperation with the Hyperledger community to further promote the practice of ‘blockchain + supply chain finance’ in other sectors.”

Join industry peers in helping build and shape the ecosystem for blockchain technologies, use cases and applications. More information on joining Hyperledger as a member organization can be found here: https://www.hyperledger.org/members/join.

About Hyperledger

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.

Contact:

Jessica Rampen

The Linux Foundation/Hyperledger

jrampen@linuxfoundation.org

650.787.3548

SOURCE Hyperledger

Related Links

https://www.hyperledger.org

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Japan Bankers Association (JBA) To Test a Hyperledger Fabric-based Interbank Payment System

Nine member banks of the Japan Bankers Association (JBA) will test an interbank payment system based on the “Collaborative Blockchain Platform,” a solution on the Linux Foundation’s Hyperledger Fabric created between financial institutions and the technology company Fujitsu.

Both parties seek to develop a new payment network to make transfers using a private blockchain. Fujitsu announced, through a press release, that the test “will use a cryptocurrency dedicated to interbank payments.” That will serve to evaluate the system as a financial settlement platform for small transactions, using a real-time interbank method.

The banks involved are Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Resona Bank, Joyo Bank, The Bank of Fukuoka, The Nishi-Nippon City Bank, Sumitomo Mitsui Trust Bank, and Keiyo Bank. The JBA is providing member banks and other institutions with its “Collaborative Blockchain Platform,” which is a cloud service from Fujitsu, K5, based on Hyperledger Fabric, a platform powered by the Linux Foundation.

Japan Bankers Association (JBA) to test a Hyperledger Fabric-based interbank payment system

“The goal of this is to test the functionality of digital currency as a new interbank payment system that uses blockchain technology, as well as test the practical aspects surrounding the system such as performance and security,” stated Fujitsu.

Fujitsu has been involved with several blockchain projects since 2016. One of them was the test of cross-border payments made jointly by Mizuho Bank, Fujitsu Limited, and Fujitsu Laboratories. In July 2017, Fujitsu also announced that it was developing technology to accelerate transaction processing with Hyperledger Fabric.

Beyond the announcements of Fujitsu and the JBA, it must be noted that the operations involving cryptocurrency technology were created precisely to conduct transactions without the involvement of intermediaries, banks and other third-parties. Now it is the banks that are exploring the blockchain technology to take advantage of this technology financially.

Jackson Bey

Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.

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