The Central Bank of Nigeria will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on Oct. 1.
Although it has gained use over the years, one still might wonder: What is Hyperleder? Hyperledger provides businesses with distributed ledger-based frameworks and components for their assorted use cases. Based on open-source technology, numerous technological base layers exist under the Hyperledger brand, such as Hyperledger Sawtooth, Hyperledger Fabric and Hyperledger Grid. Companies take Hyperledger options and build solutions with them, depending on their goals. The Linux Foundation oversees Hyperledger, which it originally built in 2015.
For IBM, Hyperledger Fabric was used in the construction of its blockchain platform. Many mainstream companies have used various Hyperledger solutions for different endeavors, including Oracle, Google and Salesforce.
IBM shows its commitment to Hyperledger and enterprise blockchain development with its largest-ever contribution of open-source code.13118
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions.5075
The first Hyperledger-based cryptocurrency to achieve mainnet status just exploded 486% overnight, possibly bouyed by an impending Bitcoin trading pair.51111
A palladium fund founded by Norilsk Nickel will launch exchange-traded commodities for metals custodied using blockchain at the Deutsche Börse and London Stock Exchange.4468
The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology.5167
In the midst of a country-wide COVID-19 vaccination effort, Brazil looks to add blockchain-based tracking to the equation.3962
Digital Asset’s DAML will connect diverse blockchains on a national DLT project in China.7266
Recycling companies can leverage blockchain for supply chain transparency.15150
A blockchain startup helps car manufacturers ascertain that the raw materials they use are not produced by children.4197
Indian IT giant Tech Mahindra has launched a new blockchain-based digital contracts and rights platform for the media and entertainment industry.6908
Blockchain technology is transitioning from a conceptual tool that powered the ICO boom into a value-adding service for mainstream industries.5619
The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding.3515
While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase.15960
Hyperledger has attracted eight new members, spanning firms working on blockchain based supply chain solutions, payments, and token standardization.9395