Open-Source Blockchain Framework Hyperledger Fabric Reaches Version 1.0

Hyperledger Fabric is a base component of CLSNet, a service for bilateral payment netting of FX trades.

Hyperledger, the cross-industry collaboration to advance open-source blockchain technology, has officially announced the availability of Hyperledger Fabric 1.0. Hosted by The Linux Foundation, Hyperledger Fabric is a blockchain framework implementation and is intended to be a foundation for developing blockchain applications, products or solutions.

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Brian Behlendorf

“Hyperledger Fabric 1.0 is a true milestone for our community,” said Brian Behlendorf, Executive Director, Hyperledger. “After over a year of public collaboration, testing, and validation in the form of POCs and pilots, consumers and vendors of technology based on Hyperledger Fabric can now advance to production deployment and operations. I look forward to seeing even more products and services being powered by Hyperledger Fabric in the next year and beyond.”

In total, 159 developers from 28 organizations contributed to the effort, including engineers from: Arxan, Cloudsoft, CLS, d20 Technical Services, The Depository Trust & Clearing Corporation (DTCC), Digital Asset, Fujitsu, GE, Gemalto, HACERA, Hitachi, Huawei Technologies, Hyperchain, ImpactChoice, IT People, Knoldus, The Linux Foundation, Netease, Passkit, State Street Bank, SecureKey, IBM, SAP, Thoughtworks and Wanda Group. There were also contributions from 35 unaffiliated individuals.

“Hyperledger Fabric is a foundational component of CLSNet – a service we are developing for bilateral payment netting of FX trades. We are very pleased with our collaboration with IBM and the tremendous progress over the past year in developing Hyperledger Fabric to meet the requirements of the wider financial industry. The high standards, attention to quality and rigor with which this open source project has been governed gives us the confidence in Hyperledger Fabric as a DLT platform for large-scale enterprise use cases,” said Tom Zschach, Chief Information Officer, CLS.

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