Hyperledger does not seem to be slowing down anytime soon. The blockchain association has added 16 new members to its rapidly expanding network.

Hyperledger Partners

This recent news was disclosed at the Hyperledger Forum held in Basel, Switzerland. Listed among the incoming members include companies such as Deutsche Telekom, Europe’s biggest telecommunications provider; Alibaba Cloud, the cloud computing arm of Alibaba; We. Trade, a trade finance blockchain platform; Citigroup, a major financial institution along with its Citi Ventures arm.

Furthermore, other new Hyperledger partners include Techrock, Guangzhou Technology Innovation Space Information Technology, HealthVerity, Guangzhishu Technology, KEB Hana Bank, Xooa, MediConCen, and BlockDao.

As a result of these new entrants, Hyperledger partners now run into more than 260.

Brian Behlendorf, the executive director of Hyperledger, said in a statement that these latest Hyperledger partners are proof that interest is growing in the blockchain technology.

Part of his statement reads:

“The growing Hyperledger community reflects the increasing importance of open source efforts to build enterprise blockchain technologies across industries and markets. The latest members showcase the widening interest in and impact of DLT and Hyperledger.”

A Deutsche Telekom senior vice president and head of the company’s R&D unit T-Labs, John Calian, stated that it was a “natural choice” to develop a roaming app on Fabric, the Hyperledger platform.

Calian further noted that businesses can profit from using an open source platform that is built on Fabric.

How is this possible?

Fabric provides an environment that is “production-ready.” This feature makes it a favorite of firms with many shareholders.

In recent months, the blockchain association has been adding new members to its platform. Not only that, but Hyperledger has also been steadily increasing its publishing tools to aid developers in using its software.

Early this month, Hyperledger announced the release of Ursa, a cryptographic library. The consortium stated that Ursa will help blockchain developers build implementations more easily while, also, removing bugs.

Do you have any idea about which companies will be next? Do let us know in the comments.

Roxana Florea

Roxana is the co-founder of Blockchain Flash News. Passioned about blockchain and cryptocurrencies, she helps blockchain businesses increase awareness in the space by implementing strategic growth on social media.

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