The Hyperledger Project , Linux Foundation ’s open source initiative aiming to advance blockchain technology for the recording and verification of transactions , has announced 30 founding members from across the finance and banking industries have joined the venture . Since declaring the intent to launch in December 2016 , the Technical Steering Committee ( TSC ) for the Hyperledger Project has received code updates from a number of companies , including Digital Asset Holdings , Blockstream , Ripple and IBM . Now 11 of the major new banking members including ANZ ##oft and Deutsche Börse Group are expected to help move forward the cross - industry open standard for distributed transactions in order to further streamline transaction processes .
The Hyperledger Project, Linux Foundation’s open source initiative aiming to advance blockchain technology for the recording and verification of transactions, has announced 30 founding members from across the finance and technology industries have joined the venture. Since declaring the intent to form in December 2015, the Technical Steering Committee (TSC) for the Hyperledger Project has received code contributions from a number of companies, including Digital Asset Holdings, Blockstream, Ripple and IBM. Now 11 of the major new banking members including ANZ Bank and Deutsche Börse Group are expected to help move forward the cross-industry open standard for distributed ledgers in order to further streamline transaction processes.