Blockchain Lobby Joins Hyperledger Project to Promote Pro-Growth Regulation

The Chamber of Digital Commerce, a Washington DC based trade association representing the digital asset and 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 tampe 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 tampe Read this Term industry with policymakers and regulators, has announced a strategic partnership with the Hyperledger Project to strengthen industry advocacy and education efforts.

Leveraging the Chamber’s public policy expertise and Hyperledger’s technology expertise, the organizations say that they will further promote the understanding, acceptance and use of digital assets and blockchain-based technologies.

Areas of common interest that the Chamber and Hyperledger will immediately begin focusing on include public policy efforts, intellectual property issues, and global regulatory and technical interoperability.

"Active engagement and collaboration between government authorities and the open source blockchain technology community is essential to realizing the potential of these new platforms and tools," said Brian Behlendorf, executive director of the Hyperledger Project. “I am pleased to welcome the Chamber of Digital Commerce to the Hyperledger Project. The policy expertise they bring will be extremely beneficial to our overall goals of driving open blockchain technology efforts forward.”

“A pro-growth perspective towards Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and industry standards are some of the biggest challenges the open source community faces,” said Perianne Boring, founder and president of the Chamber of Digital Commerce. “We are excited to work with the technical experts and open source community at the Hyperledger Project to further support our efforts on behalf of the blockchain industry.”