Proving the Business Case for the Internet of Things

FedEx joins open-source blockchain collaborative

Steve Rogerson
October 3, 2018

FedEx was one of 14 companies last month to join the open-source blockchain collaborative Hyperledger. More than 270 organisations are now contributing to the growth of Hyperledger’s open source distributed ledger frameworks and tools.
“We believe that blockchain has big implications in supply chain, transportation and logistics,” said Kevin Humphries, senior vice president of FedEx Services. “We are excited for the opportunity to collaborate with the Hyperledger community as we continue to explore the applications and help set the standards for wide-scale blockchain adoption in our industry and others.”
The latest general members to join the community are: BetaBlocks, Blockchain Educators, Cardstack, Constellation Labs, Elemential Labs, FedEx, Honeywell, KoreConX, Northstar Venture Technologies, Peer Ledger, Syncsort and Wanchain. Associate members also joining last month are Ministry of Citizens’ Services of British Columbia and the government of Bermuda.
“Our community ranges from technology giants and industry leaders to start-ups, service providers and academics,” said Brian Behlendorf, executive director of Hyperledger. “We are gaining traction around the world in market segments from finance to healthcare and government to logistics. This growth and diversity is a signal of the increasing recognition of the strategic value of enterprise blockchain and commitment to the adoption and development of open source frameworks to drive new business models.”
Hyperledger is a multi-project, multi-stakeholder effort that includes ten business blockchain and distributed ledger technologies. It enables organisations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases.
“We are proud to join Hyperledger and thrilled about the opportunity to collaborate with some of the most talented individuals in the distributed ledger space,” said Antonio Manueco, CTO of BetaBlocks. “At BetaBlocks, we educate and help entrepreneurs build the next generation of amazing companies using blockchain through our co-building programme. It is important for us to support the Linux Foundation and Hyperledger in order to help the open-source community continue building world class software. We are looking forward to collaborating with some of the other important members of these great organisations.”
Hyperledger supports an open community that values contributions and participation from various entities. As such, pre-approved non-profits, open source projects and government entities can join Hyperledger at no cost as associate members.
“Honeywell Aerospace, whose solutions are found on virtually every commercial, defence and space aircraft in service today, is pleased to join Hyperledger,” said Sathish Muthukrishnan, chief digital and information officer for Honeywell Aerospace, “We look forward to leveraging the blockchain technology to solve critical customer needs and enable our position as a leading software-industrial company through the power of connected.”
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including companies in finance, banking, IoT, supply chains, manufacturing and technology. The Linux Foundation hosts Hyperledger under the foundation.