Nigeria to launch CBDC pilot in October

Nigerian Flag

The Central Bank of Nigeria (CBN) plans to begin its central bank digital currency (CBDC) pilot on October 1, according to Nigerian financial news publication Nairametrics.

According to Nairametrics private sources, Rakiya Mohammed, the bank’s director of information technology, called a webinar last Thursday to confirm the pilot’s start date and emphasise that the CBN could not afford to be left behind in global CBDC development.

The pilot scheme, known as...

Aries becomes next Hyperledger project graduating to active status

The Hyperledger Technical Steering Committee (TSC) has approved Hyperledger Aries as the latest of Hyperledger’s projects to graduate from incubation to active status.

Hyperledger Aries provides tool kits designed to build interopable and verifiable credentials for secure communication without a central authority. The Aries project grew out of the need for protocols and open source tools to enable verifiable credentials, such as those supported by Hyperledger...

ISACA offers guidance for enterprise blockchain initiatives with new framework

ISACA, the association focused on security and governance for IT professionals, is looking at how enterprises can safely make the most of blockchain technologies with the launch of a new framework.

The framework, which can be found in the Blockchain Framework and Guidance report, looks to help enterprises answer three questions with regard to implementation:

Do the proposed blockchain control objective domains adequately cover risk vectors and business process objectives...

EDF joins Hyperledger to continue blockchain research for energy sector

Another quarter means another tranche of new Hyperledger members have been announced - with energy company EDF and cybersecurity firm WISeKey the standouts.

In total, 10 companies have joined the foundation, while BSOS and Hitachi have come on board - the former also a member - as Hyperledger certified service providers (HCSPs).

EDF has been putting together several initiatives in the blockchain space. Through its Exaion platform, the company is looking to become the...

Visa joins Hyperledger as SAP, Swisscom and Tencent gain service provider certification

Hyperledger has announced its latest tranche of members and certification holders, with companies including Visa, Swisscom and Tencent all on board.

The announcement, which comes before the organisation's annual member summit, showcases eight new members, as well as seven companies who have become Hyperledger Certified Service Providers (HCSPs).

The other new members, alongside Visa, are blockchain startups. Chainstack, a provider of managed blockchain services for...

ConsenSys to acquire Quorum from JP Morgan in big enterprise blockchain move

ConsenSys is to acquire Quorum, the JP Morgan-developed Ethereum variant, in what promises to be a major development in the enterprise blockchain space.

The deal will see ConsenSys merge its existing engineering roadmap with Quorum, with the latter remaining open source and becoming interoperable with other ConsenSys products, such as Codefi's finance and commerce application suite.

The two companies have been long-standing members of the Enterprise Ethereum Alliance...

Hyperledger Besu moves to active status as enterprise blockchain cases rise

Hyperledger Besu, an enterprise-focused initiative and the first which was able to operate on a public blockchain, has taken a step towards mainstream operability after comittee members voted to place it as an active project.

The move, which makes Besu the only Ethereum project to have moved outof the incubation phase, 'demonstrates the strength of the project and the active community supporting it', according to the company. Among the community are ConsenSys, Chainsafe and...

Walmart leads septet of new Hyperledger members

Hyperledger has announced a tranche of new members at its global forum in San Francisco – with retail giant Walmart leading the way.

In total, seven companies have joined up to the Linux Foundation-backed blockchain technology initiative across various roles. Some, such as Tangem, a Swiss-based manufacturer of blockchain-based smart card wallets, and Clear, a provider of blockchain-based settlement and clearing networks, will be familiar to industry watchers.

Others,...

Getting the ball rolling for enterprise blockchain: How Hyperledger sees the route to success

If you have ever been involved in any enterprise software procurement project, you will be more than aware of the time it takes to get things done; the peaks, troughs and sometimes interminable delays.

The hidden gotchas are always there too. Take the headline of an article by ThoughtWorks’ George Earle in 2017: “The tyranny of big suite enterprise software best practices: How decisions made 40 years ago straightjacket you today.”

Daniela Barbosa (left), VP of...

Hyperledger welcomes ConsenSys on board as member, focuses on the finance at Sibos

At the recently held Sibos 2019 event in London, Hyperledger took the opportunity to highlight 20 case studies highlighting the usage of enterprise blockchain in the financial sector, as well as welcome ConsenSys as a premier member of the alliance.

The Linux Foundation-hosted open source collaborative effort also introduced its Capital Markets Special Interest Group (SIG) to encourage further collaboration and adoption of the technology in the market.

Additionally,...