FedEx Joins Hyperledger Blockchain Community

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Hyperledger, an open source initiative to develop blockchain technologies, has announced the addition of 14 new companies to its global community, including supply chain giant FedEx.

The courier and logistics provider joins a group of 270 organisations, all of which are contributing to the growth of distributed ledger frameworks and tools.

According to a statement, Hyperledger allows companies to create industry-specific applications, platforms and hardware systems to support their individual business transactions.

Lyon Hardgrave discusses the benefits of blockchain in a recent Port Technology technical paper

Other companies to join the Hyperledger community, as well as FedEx, include BetaBlocks, Honeywell International Inc. and Wanchain.

Pre-approved non-profits, open source projects and government entities can also join Hyperledger, with associate members this month including the Ministry of Citizens' Services of British Columbia, Canada, and the Government of Bermuda.

Brian Behlendorf, Executive Director of Hyperledger, commented: “Our community ranges from technology giants and industry leaders to start-ups, service providers and academics.

 

 

“We are gaining traction around the world in market segments from finance to healthcare and government to logistics.

“This growth and diversity is a signal of the increasing recognition of the strategic value of enterprise blockchain and commitment to the adoption and development of open source frameworks to drive new business models.”

Kevin Humphries, Senior Vice President of IT, FedEx Services, said: “We are excited for the opportunity to collaborate with the Hyperledger community as we continue to explore the applications and help set the standards for wide-scale blockchain adoption in our industry and others.”

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