Hyperledger Adds 16 More Members, Including Citi, Deutsche Telekom, Alibaba Cloud

Cryptovest

Published Dec 12, 2018 11:20AM ET

Updated Dec 12, 2018 12:41PM ET

Hyperledger Adds 16 More Members, Including Citi, Deutsche Telekom, Alibaba Cloud

Linux-backed blockchain project Hyperledger announced on Wednesday that it had added 16 more members, including big names like Citi, Alibaba (NYSE:BABA) Cloud, and Deutsche Telekom (DE:DTEGn). The announcement was made during the Hyperledger Global Forum, organized in Basel, Switzerland.

Hyperledger is an umbrella project that includes multiple blockchain frameworks and tools, most of which are aimed at enterprises. The distributed ledger technologies (DLTs) built through Hyperledger are already successfully implemented by many entities worldwide.

Hyperledger allows companies to develop various applications, DLT platforms, and hardware systems to be integrated into their existing systems and infrastructures. The project has many contributors and a lot of members. Recently, the following companies joined Hyperledger: Alibaba Cloud, Deutsche Telekom, we.trade, Citi, Block...


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