TechForge

June 2, 2017

Share this story:

Tags:

Categories::

NEC Corporation has joined the Hyperledger project as a Premier member of the project, while the head of NEC’s FinTech Business Development Office will join the Hyperledger Governing Board.

Brian Behlendorf, Hyperledger executive director, said: “NEC joining as a Premier member further broadens Hyperledger’s global footprint and is great to see. As an innovative leader in efficient social and technical solutions, we’re excited for the value and expertise they can bring to Hyperledger to advance open blockchain services for many industries.”

The primary objective of the project is to create a common distributed ledger technology that enables organisations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions.

Osamu Fujikawa, senior vice president, head of the business innovation unit, NEC, said: “NEC globally provides safe, secure and efficient social solutions for governments, governmental agencies, financial institutions and other organisations by combining its technology assets with broad systems integration expertise and customer assets. Regarding blockchain, NEC has been leading academic research on blockchain security since the beginning of Bitcoin. We believe blockchain is a transformative technology and are committed to advancing its adoption by contributing our expertise and knowledge to the Hyperledger community.”

In addition, Hyperledger’s two of the most anticipated projects have now been moved from incubation to active status. As this publication previously reported, the group’s Technical Steering Committee has granted the requests of the maintainers of the Sawtooth and Iroha projects to expand their operations from their initial contributors. Among these criteria are that there has been sufficient test coverage and the infrastructure in place is able to support expansion.

 

Interested in hearing leading global brands discuss subjects like this in person? Find out more at the Blockchain Expo World Series, Global, Europe and North America.

About the Author

Writer

James has a passion for how technologies influence business and has several Mobile World Congress events under his belt. James has interviewed a variety of leading figures in his career, from former Mafia boss Michael Franzese, to Steve Wozniak, and Jean Michel Jarre. James can be found tweeting at @James_T_Bourne.

Related

‘Bitcoin Jesus’ settles US tax case for $49.9 million

October 15, 2025

Crypto investors brace for more swings after $19 billion liquidation

October 14, 2025

Gorilla introduces quantum-safe SD-WAN for AI and national security

October 10, 2025

UK to lift ban on crypto ETNs, unlocking $1 trillion

October 8, 2025

Join our Community

Subscribe now to get all our premium content and latest tech news delivered straight to your inbox

Popular

When can we expect blockchain to change the ad tech industry?

28076 view(s)

Cambridge Analytica: Using blockchain to prevent data breaches

19741 view(s)

IOTA review: A cryptocurrency which could change the Internet of Things

17742 view(s)

Dallas Mavericks to allow Bitcoin payments, BitPay confirms

15021 view(s)

Subscribe

All our premium content and latest tech news delivered straight to your inbox

This field is for validation purposes and should be left unchanged.