Digital Asset Holdings Details Work on Hyperledger Blockchain Platform
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....
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In December Bitcoin Magazine reported that IBM and a group of top tech and finance companies are joining forces to develop a new open source blockchain separated from the Bitcoin blockchain. The group will work with the Linux Foundation to create a public network that lets blockchain applications built on top of it communicate with each other. Digital Asset Holdings, the fintech startup headed by the financial superstar Blythe Masters, is contributing its Hyperledger mark, which will be used as the project name, as well as enterprise grade code and developer resources. Digital Asset....
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....
In a surprise move on Tuesday afternoon, Digital Asset Holdings (DAH) has decided to donate the Hyperledger trademark to The Linux Foundation. The Hyperledger project, a collaborative effort amongst technology industry giants such as IBM, Intel, Cisco, and Hitachi, along with services and banking institutions such as JP Morgan, Accenture, BNY Mellon, CME Group, SWIFT, and Wells Fargo, is creating necessary standards and protocols, which are not yet in place yet will make applications around distributed ledger technologies scalable and secure. As the press release states:
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....
Digital Asset Holdings LLC, a blockchain technology group, recently acquired two startups: Hyperledger and Bits of Proof. These companies are focused on the blockchain itself, which is the public ledger of verified bitcoin transactions. Blockchain is considered the defining feature of bitcoin, as the ledger is updated through a vast network of computers solving complex algorithms to add a new block to the code. Entries in the blockchain are considered immutable and irreversible since it would take an overwhelming amount of effort to override all the computers that have verified and stored....