Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

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Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

Related:

  • No Related Posts

Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

Related:

  • No Related Posts

Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

Related:

  • No Related Posts

Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

Related:

  • No Related Posts

Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

Related:

  • No Related Posts

Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

Related:

  • No Related Posts

Hyperledger Besu brings public blockchain to enterprise

Ongoing collaboration between the Ethereum and Hyperledger communities is paying off big for the development of blockchain platforms for enterprise.

The Hyperledger consortium announced today that Hyperledger Besu, an Ethereum client primarily developed by the ConsenSys-backed PegaSys, is the latest project to be voted into the fold by the Hyperledger Technical Steering Committee. (Obligatory disclore: ConsenSys also funds Decrypt.)

Hyperledger Besu, formerly known as Pantheon, is a Java-based Ethereum client designed with a modular architecture enabling developers to deal with different aspects of a distributed ledger, such as the consensus algorithm, networking and storage, on their own. This makes it easier to integrate upgrades and customize the different features of a network as necessary.

Being a part of Hyperledger means the project will benefit from the development of training materials, exposure to developers familiar with the challenges of developing solutions for enterprise, and ease of integration with existing codebases.

Hyperledger Besu conforms to the Ethereum Enterprise Alliance specification promoting interoperability between projects using the Ethereum network and a standardized approach to development.

Hyperledger itself refers to both a collection of open-source tools and frameworks for developing applications of distributed ledger technology for enterprise and a consortium of organizations contributing to the development of these projects.

Besu’s inclusion into the Hyperlegder coinbase family means it could potentially be integrated with projects like Fabric, backed by IBM, and Hyperledger Sawtooth, which is supported by Intel.

Among the various big-brand companies that could potentially benefit from Besu’s integration include Golden State Foods, Nestlé, and Wal-Mart, as well as other firms pursuing blockchain for supply-chain solutions.

Related:

  • No Related Posts

Hedera Hashgraph launches mainnet, hopes to compete with global business networks

Hedera Hashgraph, an electronic public ledger developed for corporate use, launched its mainnet beta today, allowing developers to create an account and build decentralized applications (dApps) for it.

The distributed ledger technology (DLT) is a direct competitor to blockchain distributed ledgers such as Ethereum and Hyperledger, and claims it can outperform traditional financial and business networks.

“There is no direct equivalent to Hedera Hashgraph today,” said Martha Bennett, a principal analyst at Forrester Research. Hedera is potentially competing with public networks and all the enterprise DLT frameworks (such as Hyperledger Fabric & Sawtooth, R3 Corda, and others) and their commercial providers, which include AWS, IBM, Microsoft, Oracle.

At the same time, Hedera has garnered support from telecom players and tech vendors, even those that have their own blockchain services. Indian tech giant’s Tata Communications, IBM, Deutsche Telekom, and FIS Global, which acquired WorldPay earlier this year, are among 10 companies on Hedera’s governing council.

Once the beta is completed, the Hedera Hashgraph network will offer its “hbar” cryptocurrency, which the start-up said can achieve to 10,000 transactions per second on the network.

“Transactions per second,” Bennett said, is a term that’s almost meaningless because while you can feed transactions onto a network at a high rate, that means little unless they can also be finalized quickly.

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Santiago Stock Exchange Set to Partner in Blockchain Consortium

A new blockchain project is being launched to help stabilize and improve Chile’s stock market and attract foreign investors.

The Santiago Stock Exchange (STE), Central Securities Depository (DCV), and the Global Trade Directory (GTD) are set to establish a blockchain association, in order to work on a Hyperledger blockchain initiative. This, according to a BNamericas report, released on August 27, 2019.

The Technology Consortium will be looking into various use cases for distributed ledger technology (DLT) in the nation’s financial industry. The Consortium will aim to work on projects that enhance communications for local and international investors participating in Chile’s stock exchange.

During the next 18 months, the association members are planning to establish the Business Blockchain Network. The new network will run on a set of nodes, which will allow for interconnectivity, in order to “reduce applications, times, and costs of administrative processes.”

José Antonio Martínez, the general manager of the Santiago Stock Exchange, said:

“Innovation is a strategic pillar for the Santiago Stock Exchange. Through this Consortium we seek to generate the best conditions for the stock and financial business, with innovative and world-class solutions,”

In 2018, the STE launched the Linux Foundation’s Hyperledger framework to enhance the exchange’s short selling and other financial products. The Hyperledger technology stack is an enterprise-level, permissioned (private) blockchain network.

Recently, the International Swaps and Derivatives Association (ISDA) also started using certain components of the Hyperledger software.

During the course of the next six months, the association intends to formally define and complete the project’s main objectives. The Consortium members will be seeking feedback from the concerned parties. Production releases could begin after the relevant details have been finalized.

Latin American Banking Service Provider to Conduct Bitcoin Blockchain-based Cross-Border Transfers

On August 13, 2019, Bantotal, a major Latin American banking technology company, partnered with crypto exchange Bitex, in order to conduct Bitcoin blockchain-based cross-border transactions.

Manuel Beaudroit, chief marketing officer at Bitex, said:

“The integration of Bitex into Bantotal program represents a major step in the breakthrough of blockchain technology in banking.”

Bantotal is a leading Uruguay-based banking service provider that serves more than 60 financial institutions in 14 different countries.

Approximately 20 million people use the company’s money management services, a Bantotal representative said.