In a conference dubbed, “the Hyperledger Global Forum,” which took place in Basel, Switzerland, it has been revealed that Hyperledger has onboarded 16 new members in an effort to expand their goal of making a collaborative open source effort that would better cross-industry blockchain technologies.

Hyperledger adds @alibaba_cloud @deutschetelekom & @Citi + others as new members at Hyperledger Global Forum! Learn who else joined here: https://t.co/TtWP7haKis #hyperledgerforum pic.twitter.com/HwgHXffupK

— Hyperledger (@Hyperledger) December 12, 2018

As per the announcement made by the Hyperledger team themselves, a fraction of the firms include Deutsche Telekom’s central research unit, T-Labs, Alibaba Cloud, Citi, and We.trade. The Executive Director of Hyperledger, Brian Behlendorf has since expressed immense joy with the way the Global Forum has started off. He also shared the following:

“The growing Hyperledger community reflects the increasing importance of open source efforts to build enterprise blockchain technologies across industries and markets,”

adding that the interest on behalf of the new members goes to show the level of exposure and confidence in DLT and Hyperledger.

Several new joiners have also taken the time to express what this endeavor means for them. For instance, the Head of Alibaba Cloud Application Service, Yl Li has not only expressed delight in being able to join a large effort like that of Hyperledger but has since encouraged more organizations to participate in order to create “a greater blockchain business world.”

T-Labs’ SVP and Head, John Calian shared that the decision to join Hyperledger’s project was merely “a natural choice”, adding that enterprise customers need “a permissioned and open source development ecosystem that integrates production-ready identity management as well as refined confidentiality concepts for multi-stakeholder environments,” which all of the members possess.

T-Labs has also published regarding their new endeavor, which revealed that the membership period will commence January 1, 2019 and will last exactly a year. As for their role, it looks like their team will be testing out one of Hyperledger’s Tools dubbed Sovrin Identity Framework, which is part of “Hyperledger Indy”.

In addition, T-Labs will be coming up with, “a decentralized and transparent approach to settle and execute wholesale roaming agreements based on Hyperledger Fabric.”

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