Tuesday, July 7, 2020
No menu items!
  • News
  • Blockchain
  • Technology
  • Contact Us
More

    Cardano’s IOHK Joins the Likes of Intel, IBM, Microsoft, and Other Leading Tech at Hyperledger

    Must Read

    Cardano (ADA) Displaces Litecoin (LTC) After a Notable Price Spike

    Cardano (ADA) has been in a positive trend over the past few weeks. The digital token has managed to...

    After a TikTok Challenge, Dogecoin (DOGE) Surges By Over 15%

    Dogecoin (DOGE), the 33rd largest digital currency by market capitalization, experienced over 15% price upsurge over the last 24...

    Cardano’s New Daedalus for Shelley Testnet Released. Users Can Now Test Shelley Features

    IOHK, the firm behind the development of Cardano (ADA) led by Charles Hoskinson, has announced the release of a...
    Tobi Loba
    Tobi Loba
    Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to fulfill her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.




    Input Output HK (IOHK), the firm behind the development in the Cardano (ADA) ecosystem, has become a member of Hyperledger that include Intel, IBM, Microsoft, JPMorgan, NEC, Consensys, American Express and other leading tech firms exploring blockchain applications.

    Eight new members such as firms working on blockchain-based supply chain solutions, payments, and token standardization, including Cardano’s IOHK, have recently joined Hyperledger.

    Hyperledger is a consortium of firms working on open-source enterprise solutions using distributed ledger technologies (DLT). It was launched in December 2015 by Linux Foundation and the project has since attracted over 200 leading tech firms across the world.

    Blockchain Experts Join Hyperledger

    Blockchain experts among the new members include Input Output HK (IOHK) of Cardano (ADA), IOV Labs, and crypto-friendly payments platform Public Mint.

    Other new additions include Binarystar, a Japanese consulting and PR firm, and a tokenization platform launched by Switzerland’s TokenTrust AG.

    The Executive Director of Hyperledger, Brian Behlendorf said, “As our line-up of new members underscore, the Hyperledger community is about putting blockchain to work in impactful ways around the world and across industries.”

    The Global Blockchain Business Council (GBBC) and the non-profit InterWork Alliance are also joining the Hyperledger as a new associate member.

    Hyperledger Strives for Standardized Tokenization

    In early June, Hyperledger collaborated with tech giants Microsoft and IBM to build global standards for tokenized ecosystems.

    Commenting on the importance of widespread standardization while in an interview with Cointelegraph, the IWA chairman Marlay Gray said:

    “Without a standardized set of common terms, definitions, and business level specifications, developers have to interpret inconsistent business requirements and translate them to write code for every blockchain platform and each token standard for a token-based business use case to work. This complexity makes wide-scale adoption difficult.”

    IOHK of Cardano (ADA) in the Company of Big Tech Firms

    IOHK, the firm that is behind the past and latest developments in the Cardano (ADA) ecosystem, led by Charles Hoskinson, is now in the consortium of Big tech firms across the world, which indicates advancement.

    IOHK has been proving its innovative worth in the midst of community members as it’s “slowly and steadily” unveiling its project upgrade that promises to actualize the full decentralization of Cardano (ADA).




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Cardano (ADA) Displaces Litecoin (LTC) After a Notable Price Spike

    Cardano (ADA) has been in a positive trend over the past few weeks. The digital token has managed to...

    After a TikTok Challenge, Dogecoin (DOGE) Surges By Over 15%

    Dogecoin (DOGE), the 33rd largest digital currency by market capitalization, experienced over 15% price upsurge over the last 24 hours, and approximately 20% this...

    Cardano’s New Daedalus for Shelley Testnet Released. Users Can Now Test Shelley Features

    IOHK, the firm behind the development of Cardano (ADA) led by Charles Hoskinson, has announced the release of a brand new Daedalus for the...

    Visa Looks Out To Hire Ethereum and Ripple Developers to Build Global Payments Network

    Visa, the world’s payment processing giant, is looking out to hire Ethereum and Ripple developers, to help build a global blockchain payments network. This was...

    Visa’s Head of Crypto Reveals What Bitcoin (BTC) Would Benefit From Central Bank Digital Currencies

    The head of crypto at Visa, Cuy Sheffield, has described what Bitcoin (BTC) and other cryptocurrencies would benefit from the emerging central bank digital...

    More Articles Like This