Hyperledger Adds IBM Exec & Blythe Masters to New Governance Structure

In February, Bitcoin Magazine reported that The Linux Foundation’s Hyperledger Project, a collaborative effort started in December to establish, build and sustain an open, distributed ledger platform that will satisfy a variety of use cases across multiple industries, was announcing new members from across the industry, technical updates and a formal open governance structure. In March, The Linux Foundation announced that 10 new companies joined the Hyperledger Project. “The Hyperledger Project is gaining traction on a daily basis, displaying how vital this effort is in advancing....

Earlier this week Bitcoin Magazine reported that the Linux Foundation announced technical updates to the new Hyperledger Project, a formal open governance structure, as well as new members from across the industry. The Hyperledger Project wants to develop a new open source blockchain separated from the Bitcoin blockchain. Digital Asset Holdings, the fintech startup headed by the financial superstar Blythe Masters, contributed its Hyperledger mark, which it had acquired in June with the purchase of San Francisco-based digital fintech company Hyperledger. The Hyperledger team, now part of....

Digital Asset Holdings, the distributed ledger startup led by former JPMorgan executive Blythe Masters, has announced the acquisition of two blockchain startups: Hyperledger and Bits of Proof. Hyperledger, which specialized in permissioned ledgers with no native cryptocurrencies, will merge with the Digital Asset (DA) team. Hyperledger CEO Dan O'Prey will become DA's chief marketing officer while CTO Daniel Feichtinger will join the company's engineering team. In addition, DA has acquired bitcoin software startup Bits of Proof, a move that finds CEO and founder Támas Blummer joining as....

Blythe Masters, the Wall Street banker famous for being called "the woman who invented financial weapons of mass destruction" in regards to credit default swaps, a key misuse of which contributed greatly to the financial meltdown at the end of the last decade, has made yet another move in the cryptocurrency space. The firm she heads, Digital Asset Holdings, has acquired two start-ups in the space the firm aims to reign in: HyperLedger and Bits of Proof. HyperLedger may seem familiar, as it has made headline after headline. The "distributed asset ledger" company did not focus solely on....

In March, Bitcoin Magazine covered the digital economy startup Digital Asset Holdings, headed by the financial superstar Blythe Masters, a former JPMorgan Chase & Co. executive. Digital Asset Holdings uses distributed ledgers to track and settle both digital and mainstream financial assets in a cryptographically secure environment where counterparty risk is minimized, and settlement times are drastically reduced. Now, Digital Asset Holdings LLC announced two acquisitions, Bloomberg Business reports. The company bought San Francisco-based Hyperledger and Budapest-based Bits of Proof for....