Top Asian Enterprises Become Member of Hyperledger

Market NewsDecember 13, 2020 by Kelly Cromley

Hyperledger has revealed that eight enterprises have joined its blockchain venture as full member and four of them are from Asia. This includes renowned firms such as JD Digits, fintech and digital arm of JD.com and French energy firm EDF.

Red Date Technology, the enterprise backing China government aided Blockchain based Service Network (BSN) is another firm. Notably, State Information Center of China (SIC), which aims to spread its wings globally, backs BSN.

In 2020, Hyperledger made a greater marketing attempt in Asia by conducting certain routine online association discussions at times well-suited for Asian organizations. Trade funding working group can be cited as example as it has considerable operations in the Europe and Asia.

The institution is commemorating fifth anniversary of Hyperledger with a plethora of online forums and networking program across the community. Rest of the eight members is Octo Technology, Troon Technologies, WISeKey, Taiwan’s BSOS and Shanghai Tianji Network.

Interestingly, JD Digits is participating in piloting of digital yuan, the central bank digital currency project backed by the government of China. In the days ahead, 100,000 Chinese citizens who are winners of promotion program conducted by Suzhou City can expend the funds at several stores, including JD.com.

Even though JD operates a native, open-source blockchain JD Chain, VP Cao Peng stated that “JD Digits Blockchain as a Service Platform, is still compatible with the Hyperledger Fabric, which has a large user base.”

Peng further said “Together with Hyperledger, we look forward to promoting the safe, rapid and equitable flow of global data and values to build a credible ecosystem of co-construction, co-governance and sharing.”

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