Hyperledger news-Page 3
Cardano Development Company to Join Hyperledger Project & W3C
IOHK, the company charged with the development of Cardano (ADA) will be joining the Hyperledger Project and W3C. Cardano founder and CEO and co-founder of IOHK, Charles Hoskinson, in a recent Cointelegraph interview, confirmed that the company will be joining the two organizations. Will help with bidding process Hoskinson believes that IOHK will benefit from their shared knowledge. He also feels that the partnership will give it an edge in the bidding process: “We would like to start consolidating some of our enterprise ledger ideas and bring it there, “A”, because there’s just a lot of knowledge in that circle. …
Blockchain / May 20, 2020
Accenture–Fujitsu Project Hopes to Solve Blockchain Interoperability
While interoperability continues to pose serious challenges for enterprises leveraging blockchain networks, companies may be one step closer to breaking down these barriers. An open-source project initiated by Fortune 500 company Accenture and Fujitsu joined Hyperledger’s Greenhouse on May 13, 2020. The project, formerly known as the “Blockchain Integration Framework,” spent six months in development in the Hyperledger Lab before joining the Hyperledger Greenhouse as the 16th technology code base. Upon joining the Greenhouse, the project was renamed “Hyperledger Cactus” and now sits alongside notable projects including Hyperledger Fabric and Hyperledger Sawtooth. The director of blockchain technology at Accenture, Michael …
Technology / May 16, 2020
Tech Giants Are Role Models in Developing Cross-Chain Interoperability
The recent release of a report from the World Economic Forum and Deloitte on blockchain interoperability revealed the true complications of inter-blockchain communication. Cross-chain has been one of the major discussion points in blockchain development circles over the last few years, particularly as many public blockchains look to increase their scalability and throughput. Large web service providers such as IBM, Oracle, Azure Blockchain Services and SAP are vocal about their commitment to solving the issue, hoping to unite relevant clients with unique blockchain requirements. Recently, they demonstrated the ability to work together, with a high-profile use-case involving a shared COVID-19 …
Technology / May 8, 2020
Leveraging Hyperledger Fabric — Enterprise Blockchain Unleashes Viable Solutions
Located in San Francisco’s Presidio Heights neighborhood, the Linux Foundation’s office is nestled in a square of red-roofed buildings that resemble homes rather than technology work spaces. Inside the Linux Foundation’s office sits Brian Behlendorf, the executive director of Hyperledger. Behlendorf, who has been a leading figure in the open-source software movement for years, explained that the Linux Foundation has put together a series of collaborative software projects to draw attention to specific technologies. In the case of Hyperledger, the project was initiated in December 2015 to raise awareness of distributed ledgers and smart contract systems. The Hyperledger community currently …
Technology / April 20, 2020
Controversial Decision by US Gov Could Lead to Mobile Blockchain Development
On April 16, Ajit Pai, the chairman of the Federal Communications Commission, or FCC, issued a draft order approving the usage of L-Band radio frequencies for 5G and IoT. Controversy Previously, three leaders of Congressional defense committees signed a letter urging president Trump to prevent the commission from issuing the approval. The controversy arises from the fact that the adjacent bands are used for the Global Positioning Satellites (GPS) which provide essential functionality for the modern military. Chairman Pai assured in his draft order that the approval will not jeopardise proper functioning of the GPS, while making: “...more efficient use …
Blockchain / April 16, 2020
IBM Praises CEO For Playing a Significant Role in Blockchain Development
In a letter to the shareholders, IBM has acknowledged that one of the main achievements of the new CEO is the expansion of its blockchain business. The document notes that its technology portfolio is “built for the future”, with blockchain being one of the technologies underpinning this belief. It denotes IBM as: “...a leader in hybrid cloud, data and AI, security, blockchain, enterprise services”. Discussing the recent appointment of the new CEO, it notes that Arvind Krishna: “Played a significant role in developing IBM key technologies: artificial intelligence, cloud, quantum computing & blockchain”. Blockchain is revenue multiplier Blockchain as a …
Technology / April 4, 2020
Blockchain Provides Trusted Data to Counter Spread of Coronavirus
With each passing day, new data regarding the coronavirus pandemic is being brought to the public’s attention. From the number of cases in various regions to ever-changing safety procedures like wearing masks in public, COVID-19 data is clearly present, yet remains inconsistent. While a lack of accurate information may be frustrating on a personal level, ever-changing data is taking a toll on the health officials and researchers working effortlessly to help subdue the coronavirus crisis. To combat the issue, the San Francisco-based blockchain security company Hacera launched a data analytics platform in February to combat inaccurate COVID-19 data. Hacrera’s founder, …
Blockchain / April 4, 2020
Overstock Plots Global Expansion for Blockchain-Based Agritech Platform
Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain. Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration with fintech company Symbiont — with GrainChain set to transition from HyperLedger Fabric to Symbiont’s enterprise blockchain platform, Assembly. Medici is a shareholder in both GrainChain and Symbiont. Medici Ventures plots global expansion of GrainChain GrainChain seeks to speed up and remove friction capital circulation in the agricultural market through the use of smart contracts. Farmers can also track their produce as it moves …
Blockchain / March 29, 2020
Blockchain Can Save Pharmaceutical Industry $180 Million, Study Says
UCLA Health and LedgerDomain, a blockchain development platform, announced a new study revealing that blockchain technology would save the United States pharmaceutical industry over $180 million each year. The study was launched as part of the U.S. Food and Drug Administration’s Drug Supply Chain Security Act Pilot Project Program. The program is part of a broader effort to develop an electronic, interoperable system to track prescription drugs throughout the U.S. According to the Drug Supply Chain Security Act enacted in 2013, by 2023, pharmacists in the U.S. will be required to verify prescription drugs before they are dispensed. This is …
Blockchain / March 17, 2020
Diversity and Inclusion Major Themes at Hyperledger Global Forum 2020
Hyperledger Global Forum 2020 took place March 3-6 in Phoenix, Arizona, bringing together hundreds of attendees from the Hyperledger community. While enterprise blockchains, open-source projects, and other subject matters were discussed, diversity and inclusion served as the underlying theme of the conference. Fortune 500 consulting firm, Accenture, sponsored a diversity happy hour on the opening night of Hyperledger Forum. This event served to raise awareness for inclusion in the blockchain space. Accenture’s global marketing director for blockchain and multi-party systems, Alissa Worley, told Cointelegraph that a desire for diversity and inclusion were aligned with Hyperledger early on. Rather than talking …
Blockchain / March 8, 2020
Boeing Uses Blockchain to Track and Sell $1 Billion in Aerospace Parts
Boeing has partnered with multinational aerospace conglomerate Honeywell to use its GoDirect platform to track and sell $1 billion worth of excess airplane parts using blockchain technology. The partnership was revealed at the Hyperledger Global Forum 2020 in Arizona. Lisa Butters, the general manager of Honeywell, stated that the parts were uploaded to the GoDirect Trade marketplace last weekend. Blockchain opens spare aviation parts industry to online trade The aviation industry has traditionally relied on a headache-inducing web of paper certificates pertaining to each individual part, their original manufacturer, and current safety standards. The documents must also be physically moved …
Blockchain / March 8, 2020
Nike Explores Blockchain for Supply Chain Data Collection
The Chain Integration Pilot (CHIP) of the Auburn University RFID Lab in Alabama has published a proof-of-concept whitepaper that seeks to demonstrate the efficiency savings blockchain technology can unlock across the contemporary supply chain. The proof-of-concept was designed to ingest, encode, distribute, and store serialized data from multiple points throughout the supply chain on Hyperledger Fabric. The pilot collected live data from brands Nike, PVH Corp., and Herman Kay, and major United States retailers Kohl’s and Macy’s. CHIP was launched in 2018 and claims to be the first supply chain project to integrate the information pulled from RFID tags onto …
Technology / March 6, 2020