July 31, 2018

Chainyard Joins Hyperledger

Today we announce that Chainyard has joined Hyperledger, adding to the positive momentum Hyperledger is experiencing. Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.

Hyperledger holds the distinction of being the fastest growing project launched by The Linux Foundation. Hyperledger now includes five different Blockchain framework projects: Hyperledger Fabric, Burrow, Iroha, Sawtooth and Indy and with the addition of over dozens of new members in the past few months, over 250 participating companies.

ChainyardÔÇÖs membership in Hyperledger gives us more direct ability to contribute to the worldwide network of professionals who are working together to research, develop and advance blockchain technologies. Our membership means that our blockchain experts will have a comprehensive view and are on the leading edge when it comes to recommending new solutions and providing blockchain services.

We are very excited to be moving from a contributor to general member with Hyperledger.  This gives us more opportunities to co-create value that will directly benefit the blockchain open source ecosystem

Isaac Kunkel, Chainyard VP of Consulting

Making the decision to join was easy since HyperledgerÔÇÖs objectives of maintaining openness, transparency and interoperability of blockchain technologies reflects our own vision. We see the potential for blockchain to significantly alter existing business models by development of decentralized networks that facilitate business through decreased complexity, increased efficiency, improved security and potential for new revenue streams to benefit all members of the network.

After working with Hyperledger for nearly three years, we have made a strategic decision to participate in a way that reinforces our vision, strategy and commitment to the Hyperledger project and further contribute to the technology stack. The team helps to build, maintain and support the infrastructure necessary to develop the early releases of Fabric. In partnership with IBM, the framework for CI/CD/CT and other development, performance test and support activities are maintained.

This global journey has enabled us to meet with many Blockchain enthusiasts from Austin to Boston, New York to San Francisco and Toronto to Singapore. We have had the privilege of speaking at IBMÔÇÖs Think Conferences, demoing at Consensus Conference and attending many other Blockchain conferences and meet-ups. Along the way, Hyperledger Fabric has matured, first with the GA release of Fabric 1.0 in July 2017, then the major upgrade release to Fabric 1.1 in March 2018 and most recently with the major upgrade release to Fabric 1.2 earlier this month, July 2018. The community releases are global in scale with efforts from hundreds of developers and dozens of companies. The collaboration of developers, scientists and businesses continue to push the platform forward to be the best choice for blockchain for business, that is, blockchain focused on permissioned, private networks built to solve business problems.

With the tremendous amount of collaboration going on in the community the technical acumen of the blockchain community has matured. This includes maturity in blockchain concepts, blockchain platform fundamentals, agile development practices, automated testing frameworks, performance testing frameworks, DevOps capabilities, cloud engineering and network security.

The growth has enabled POCs to transition to real world solutions across many disparate industries including financial, transportation, food, healthcare and mining. The platform and momentum have enabled us to work on solutions in supply chain including track-and-trace, procurement and compliance. With the combination of Hyperledger Fabric and IBM Blockchain Platform, we have built ready for prime-time business solutions.

Earlier this year we announced the launch of Chainyard, a wholly owned subsidiary of IT People Corporation. This was done to demonstrate our focus and commitment to blockchain technologies. Joining Hyperledger reinforces leadershipÔÇÖs commitment and focus on Blockchain for Business and our belief in the transformational nature of the technology. We are confident many others will be joining us in the future.

Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced it has surpassed the 250 member mark with the addition of Chainyard.

Read more about Chainyard joining the Hyperledger here.