Norbloc becomes a member of the Hyperledger Project

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that seven new members have joined to help create an open standard for distributed ledgers for a new generation of transactional applications.

By creating an enterprise grade, open source distributed ledger framework and code base, the Hyperledger Project is working to enable organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions.

The enterprise application of blockchain technology is set to change the way we conduct business and will have a profound impact across all sectors of business, said Brian Behlendorf, Executive Director of Hyperledger Project.

To be able to welcome this many new members each month is not only a testament to what we are doing, but is paramount to our success in developing distributed ledger technology for the world.

These new members represent continued and significant growth since last month and join a rapidly growing and diverse group across finance, banking, Internet of Things, supply chains, manufacturing and other technologies. New members this month include: Belink Technologies, BitSE, INVeSHARE, MonetaGo, Moscow Exchange, Norbloc and Onchain.

Blockchain technology will open up new horizons in peer-to-peer interactions across industries and participants, said Astyanax Kanakakis, CEO of Norbloc.

The Hyperledger project is uniquely positioned to foster the collaborative approach needed in order to create a successful ecosystem; we’re proud to be part of this effort and contribute our wealth of knowledge to blockchain infrastructure and development.

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