Hyperledger On the Verge of Merging Blockchain Code from IBM, Digital Asset
This morning the technical steering committee for the open-source Hyperledger project was on the verge of unanimously voting to formally merge the codebases donated by three of their founding members, thus laying the foundation of a new enterprise-grade blockchain. Yet a single committee member, who was not identified by name, became the lone dissenting voice – a move that, for now, curtailed the effort to merge code contributed by startups Blockstream and Digital Asset, as well as tech giant IBM. The meeting, a face-to-face gathering of participants of the first Hyperledger Hackathon....
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Digital Asset Holdings has released new details about its long-secretive Hyperledger blockchain platform. The information follows last month's announcement that the code was to be moved to, and developed in collaboration with, the Linux Foundation, and comes just days after Digital Asset raised more than $50m from 13 financial incumbents. A number of major companies have already made commitments to what has been called the Linux Foundation's Open Ledger Project, including IBM, JP Morgan and Wells Fargo. At the time, Digital Asset was unique among them, however, as its contributions were to....
Amidst the fanfare of the release of R3's Corda distributed ledger code, another milestone slipped by almost unnoticed – Hyperledger surpassed 100 members. On its own, the news isn't that important – 100 is, after all, just a number. But combine the two reports, and you unearth a development that could define the future of blockchain. Hyperledger was created a year ago as a unifying "umbrella" for enterprise blockchain open-source development. Among the participants are blockchain companies (including R3), financial institutions and tech giants. Its approach so far has been a mix....
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....
Tech giant Intel has unveiled a new experimental distributed ledger platform dubbed "Sawtooth Lake". Code for proposed contribution to the open-source Hyperledger blockchain project was posted to GitHub today, along with an in-depth informational release that outlines the major planks of the initiative and offers a tutorial for implementing the code. The code was presented at today's Hyperledger technical steering committee meeting. Intel described Sawtooth Lake as "a highly modular platform for building, deploying and running distributed ledgers". According to the....
IBM shows its commitment to Hyperledger and enterprise blockchain development with its largest-ever contribution of open-source code. The global blockchain technology market size is projected to reach $72 billion in the next five years. In order to ensure this growth, however, blockchain solution providers must continue to advance and innovate. For example, public enterprise blockchain use has become an ongoing trend this year as companies like ConsenSys aim to drive adoption for open, permissionless networks. On the flip side, it’s important to point out that private blockchains are still....