Hyperledger, an open source collaborative effort designed to advance cross-industry blockchain technologies, has added 13 new members to its project.
The new members represent the ‘broadening interest and investment in blockchain technologies’ including companies offering digital identity management, estate settlement and business services to academia.
Hyperledger is a multi-project, multi-stakeholder effort that includes 10 business blockchain and distributed ledger technologies. Its goal is to enable organisations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases.
Brian Behlendorf, executive director of Hyperledger, said: “Our growing community reflects the diverse range of businesses that are embracing blockchain to improve how they and, often, their entire industry do business.
“The increasing adoption and application of Hyperledger, especially to power cross-segment initiatives, industry platforms and interoperability, shows the value of deploying blockchain technologies and solidifies the business case for more and more organisations.”
The new members include Blinking, a blockchain-based digital ID solution which aims to give users complete control over their data. Blinking provides users with several authentication options including password, facial recognition, and fingerprint scanning. The company also provides a KYC module, enabling users to import their issued ‘Blinking ID’ and provide it upon request to any other connected service for KYC purposes.
“We are very much thrilled and proud to join the Hyperledger community,” added Alex Migitko, CEO of Blinking. “We rely on Hyperledger and chose Hyperledger Fabric as Blinking core framework because it is a very well-designed solution with a great balance between simplicity and features required to build a high-quality business solution.
“Hyperledger Fabric’s easy integration with other technologies, strong community and sound support truly give us a chance to focus on our expertise – developing a digital identity management system that gives users a true digital representation of their identity based on many personal features including biometrics.”
The members to join the community include Bezant, ChainNinja, China Securities Credit Investment, Datapace, Estateably, FinFabrik, Intain and SoluTech.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst