Deutsche Bank Joins Hyperledger Project as Premier Member 9380
News
Sharat Chandra
May 16, 2018 at 6:21 PM

Hyperledger is an open source collaborative effort dedicated to developing cross-industry blockchain technologies. It is an international participation, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology.

It announced today that Deutsche Bank has come onboard for the project as a Premier Member. Accenture, Airbus, American Express, Baidu, Change Healthcare, Cisco, Daimler, Digital Asset, DTCC, Fujitsu, Hitachi, IBM, Intel, J.P. Morgan, NEC, SAP, Tradeshift and Wanda FFan Technology are other Premier members of the project. The complete list of members can be accessed at here .

“Adding a major bank like Deutsche Bank to our list of Premier members demonstrates the value Hyperledger brings to the financial services market,” said Brian Behlendorf, Executive Director. “With their help and global reach, we look forwarding to driving more global production deployments like Know Your Customer (KYC), payments, trading and others based on Hyperledger technologies.”

“As a Premier member, we’re hoping our expertise and global network will help advance open source distributed ledger technologies and allow us to better serve the complex needs of our clients, who look to us to improve their and their trade partners’ financial endeavors,” said Jon Pearson, Head of Deutsche Bank Labs United Kingdom and Ireland.

Hyperledger with the global collaboration of more than 230 esteemed organizations. The support of these members is crucial to the success of it.

 

Image via TheStreet