The Gateway to Algorithmic and Automated Trading

Hyperledger blockchain project elects leadership, gains new investments

First Published 30th March 2016

The Linux Foundation's open source Hyperledger project elects board of directors and technical steering committee chair. New member investments underscore demand for open source blockchain platform development.

Jim Zemlin,  The Linux Foundation

Jim Zemlin, The Linux Foundation

"There is no other effort advancing an open blockchain with this level of broad industry representation and level of leadership."

The Linux Foundation has announced that the Hyperledger Project has filled key leadership positions and is welcoming new members. The Hyperledger Project is a collaborative effort to establish, build and sustain an open, distributed ledger platform that will satisfy a variety of use cases across multiple industries.

The results of the Board of Directors and Technical Steering Committee elections for the Hyperledger Project include the following:

  • Technical Steering Committee Chair: Chris Ferris, Distinguished Engineer and CTO of open technology at IBM
  • Technical Steering Committee members include: Tamás Blummer, Digital Asset Holdings; Mic Bowman, Intel; Richard Brown, R3; Stanislav Liberman, CME Group; Hart Montgomery, Fujitsu; Satoshi Oshima, Hitachi; Stefan Teis, Deutsche Börse; Emmanuel Viale, Accenture; Pardha Vishnumolakala, DTCC; and David Voell, J.P. Morgan.
  • Board Chair: Blythe Masters, CEO of Digital Asset Holdings
  • Governing Board Members: Charles Cascarilla, CEO, itBit; Toshiya Cho, Hitachi; Jerry Cuomo, IBM; Chris Ferris, IBM; Dirk Hohndel, Intel; Todd McDonald, cofounder and COO, R3; Robert Palatnick, DTCC; Kireeti Reddy, CME Group; Stefan Teis, Deutsche Börse; Dave Treat, Accenture; Yoshinobu Sawano, Fujitsu; Santiago Suarez, J.P. Morgan; and Craig Young, CTO, SWIFT. itBit's Cascarilla and SWIFT's Young are newly elected board representatives since the formation in December 2015.

These appointments are made by member vote. The TSC drives technical direction of the Hyperledger Project, while the Governing Board manages business direction, including governance, marketing and operational decisions.

The Hyperledger Project has also announced ten new companies are joining the effort and investing in the future of an open blockchain ledger: Blockstream, Bloq, eVue Digital Labs, Gem, itBit, Milligan Partners, Montran Labs, Ribbit.me, Tequa Creek Holdings and Thomson Reuters.

"There is no other effort advancing an open blockchain with this level of broad industry representation and level of leadership," said Jim Zemlin, executive director at The Linux Foundation. "The Hyperledger Project is among our fastest growing projects at The Linux Foundation. The opportunity is great. This leadership team and the community investments among members across industries put the project in the best position possible to accomplish its mission.

The Hyperledger Project is gaining traction on a daily basis, displaying how vital this effort is in advancing distributed ledger technology," said Blythe Masters, CEO of Digital Asset Holdings and Board chair for the Hyperledger Project. "Uniting the industry to drive this initiative forward is paramount to the success of distributed ledger technology. The Linux Foundation and its members are collaborating on an open source infrastructure that will increase privacy and scalability, among many other benefits."

These member investments demonstrate that blockchain technology continues to grow in importance as the alternative approach to multinational business transactions," said Chris Ferris, IBM Distinguished Engineer, CTO Open Technology, and Technical Steering Committee chair, Hyperledger Project. "By providing a community for members to collaborate and contribute to an open source blockchain solution, we're able to advance the technology collectively and ultimately drive quicker adoption and higher value across industries.

"We're excited about our partnership with the Hyperledger Project and collaborating with other members to accelerate deeper collaboration and a shared vision for the evolving blockchain technology and its applications in financial services, government, and enterprises," said Bob Schukai, head of applied innovation, Thomson Reuters.

For more information about the Hyperledger Project, please visit: https://www.hyperledger.org/.

  • Copyright © Automated Trader Ltd 2018 - Strategies | Compliance | Technology

click here to return to the top of the page
content