The first Hyperledger-based cryptocurrency to achieve mainnet status just exploded 486% overnight, possibly bouyed by an impending Bitcoin trading pair.
Hyperledger is a project that has the aim of improving cross-industry blockchain technologies. Hyperledger is a large collaboration that is hosted by The Linux Foundation and includes IT giants the likes of IBM, SUP, Intel, financial institutions J.P.Morgan and Deutsche Börse, engineering companies like Airbus and Daimler and a lot of blockchain and cryptocurrency-related startups. The best description of Hyperledger is a hub for open blockchain development for industries and enterprises. The developers of Hyperledger see blockchain as a technology influential enough to compare it with web technologies and want to use it for the development of blockchain-based operating systems for marketplaces, micro-currencies, digital communities and data-sharing. Hyperledger plans to educate the public and promote blockchain, poaching more developers and companies into the field.
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.4065
The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology.4848
In the midst of a country-wide COVID-19 vaccination effort, Brazil looks to add blockchain-based tracking to the equation.3521
Digital Asset’s DAML will connect diverse blockchains on a national DLT project in China.7053
Recycling companies can leverage blockchain for supply chain transparency.14853
A blockchain startup helps car manufacturers ascertain that the raw materials they use are not produced by children.4057
Indian IT giant Tech Mahindra has launched a new blockchain-based digital contracts and rights platform for the media and entertainment industry.6459
Blockchain technology is transitioning from a conceptual tool that powered the ICO boom into a value-adding service for mainstream industries.5465
The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding.3343
While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase.15566
Hyperledger has attracted eight new members, spanning firms working on blockchain based supply chain solutions, payments, and token standardization.9233
An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering.2839
Microsoft, IBM, Hyperledger and other technology and financial organizations have formed an alliance to develop global standards for tokenized ecosystems.8458
Even though cross-chain systems are gaining more attention, experts believe it will take some time for this technology to evolve and mature.31874