More

    Hyperledger Blockchain Consortium Adds 14 New Members Including FedEx Shipping Giant

    Hyperledger Consortium Welcomes 14 New Members, Including Global Shipping Giant FedEx

    Hyperledger is a project that has been working to collaborate with other businesses and companies to expand the use and benefits that blockchain technology affords. There were already over 250 organizations involved with these efforts, and the company just added 14 more. One of the most recognizable names in the world is part of that group – FedEx.

    In a statement from the executive director of Hyperledger, Brian Behlendorf, he said:

    “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.”

    This press release was just issued on Wednesday, September 26th.

    There are presently 10 different business blockchain and distributed ledger technologies, making it possible for companies to apply it to heir own platforms and systems for open-source record. However, FedEx is one of the few that is actively pursuing multiple blockchain associations, working to expand their security and transparency in their shipping business. Some of the other groups they have joined include the Blockchain in Transport Alliance and the Blockchain Research Institute.

    The CEO and Chairman of FedEx, Fred Smith, has been publicly speaking about the way that they are involving themselves in blockchain technology. In fact, at the Consensus conference by CoinDesk in May, he said that this technology:

    “has the potential to completely revolutionize what’s across the border.”

    His main appreciation is how it gives the company a better grasp of tracking goods, and how their customers are able to gather more information as needed.

    As part of the new membership, the new members were asked to give quotes. FedEx’s senior vice president of IT, Kevin Humphries, said:

    “We believe that blockchain has big implications in supply chain, transportation and logistics. 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.”

    Along with FedEx, the other companies that have just joined include: BetaBlocks, Blockchain Educators, Cardstack, Constellation Labs, Elemential Labs, Honeywell International Inc., KoreConX, Northstar Venture Technologies, Peer Ledger, Syncsort and Wanchain. To view their quotes about their new partnership, visit the website for PR Newswire.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Avatar
    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,353FansLike
    2,773FollowersFollow
    4,130FollowersFollow

    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Crypto Community Sentiment Still Bullish Despite BTC Trading 40% Lower Than Yearly High

    Bitcoin proponents had a lot of expectations from 2020, given the impending Block Reward Halving and the expected bull run. The year started as...

    Modern Monetary Theory (MMT) vs BTC to be the Main Event of 2020

    The biggest global emergency of the century, COVID-19 pandemic has the Treasury officials trying to decide on how much they can spend to fight...

    This Crisis Is A ‘Perfect Storm' For Bitcoin But We Could Be In For A ‘Prolonged Bear Market'

    Bitcoin is back in the green, recording the gains of 3.14% in the past 24 hours while volume on the top ten exchanges with...

    Banking Giant Santander to Bring One Pay FX Payment System to Mexico Utilizing RippleNet

    In 2020, the major Spain-based bank Santander is planning to roll out the One Pay FX program, its Ripple powered system for international payments,...

    Bitcoin Bull Market Won’t be Happening Immediately After the Halving: Bitmain CEO

    Bitcoin is currently trading above $6,300, still down over 14% on a year-to-date basis but up more than 60% from the 2020 low of...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.