Hyperledger Project Adds Daimler AG as Latest Member

Hyperledger Project, a collaboration creating an enterprise grade, open source Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term framework and code base, has announced the inclusion of Daimler AG as its newest member of the initiative, according to a group statement.

The Hyperledger Project was launched to help create a unified distributed ledger technology that effectively enables organizations to construct and run industry-specific applications, platforms, and hardware systems to support their individual business transactions.

Growing Membership

Since its inception, the project has grown to more than 115 members, which now bridges a number of industries including finance, healthcare, the Internet of Things, credit card services, aeronautics, and others. The group reached a critical milestone of 100 members last year.

For its part, Daimler’s focus will be relegated future-oriented topics and the continued aim of optimizing its core business via investing in blockchain technology. This development will also see Jonas von Malottki, Head of the Department for Finance and Controlling IT Solutions within the Daimler IT Group Functions, represent the group on the Hyperledger governing board as a premier member.

According to Brian Behlendorf, Executive Director of Hyperledger, in a recent statement on the membership: “Having one of the world’s leading industrial and transport companies join Hyperledger is very exciting.”

“The diversity of our membership continues to grow, demonstrating that blockchain technology has the potential to impact many industries and transform the way business processes are handled. I’m looking forward to the contributions and skills Daimler’s team brings to the project,” he added.

“We see Blockchain as a promising technology, not fully mature yet, but continuously growing. Now is the right time to get into it, build up knowledge and form a network of like-minded people to share experiences,” explained Jan Brecht, CIO, Daimler AG.