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Category Archive: linux

Who are the new Hyperledger Blockchain Project members?

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Tech giant Samsung is among the new Hyperledger Blockchain Project members announced today.

Hyperledger Blockchain members

Together with Samsung there are 16 other new companies joining the project, including Cloud Security Alliance, Energy Blockchain Laboratory, Global Peersafe Technology Corp., Inuit Foundation – University of Rome “Tor Vergata,” Intuit, Investrata Foundation for Social Entrepreneurship, iRootech Technology, MIRACL UK Limited, Netki, Nxt Foundation, Orange Magic Cube, Sany, Tai Cloud Corp., Union Mobile Pay E-Commerce, Wutongtree and Yunphant Blockchain.

Hyperledger Blockchain Project’s Goal

Hypederleger is a collaborative effort started by the Linux Foundation to study the blockchain aiming at supporting worldwide business transactions to improve many aspects of their performance and reliability.
Since its beginning back in early 2016, Hyperledger started accepting proposals for codebases. 
One of the first was called “Fabric”, a codebase that united works by Digital Asset Holdings, Blockstream and IBM
To date, almost 100 organizations joined the Hyperledger Blockchain Project members; and more companies will be added by the end of 2016.
Hyperledger executive director, Brian Behlendorf, commented:
“There’s been a tremendous response to our vision for creating an open community for blockchain technology and we’re proud to be celebrating this member milestone. At a growth rate of nearly two new members joining per week, I look forward to working with this growing community to further our open blockchain development efforts”. 
Earlier this month, Airbus joined the project too, together with Hitachi, Microsoft, Red Hat, and more.

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Bank of Tokyo works on a Blockchain project with Hitachi

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Bank of Tokyo works on a blockchain project with Hitachi

Bank of Tokyo works on a blockchain project to manage electronic check together with tech giant Hitachi. 
According to a press release, this proof of concept system aims at creating a digital platform to issue, transfer and collect e-checks. 
Asiatic magazine Nikkei reports that in the next few days there will be further trials, and that the full version could be released in 2018.
Tech giant Hitachi announced:
“Using the system, BTMU issues and settles checks and some of Hitachi Group companies in Singapore receive the electronic check and deposit the funds. Through the PoC testing, Hitachi and BTMU will be able to identify issues from various perspectives such as technology, security, operation and legal perspectives and aim to realize new FinTech services including digitalization of checks.”
This project comes after a previous Bank of Tokyo Mitsubishi UFJ statement about its investment in the blockchain and about the project to release a new digital currency. 
Also, a few months ago Hitachi announced the creation of new studies for fintech applications, as the company is a member of the Hyperledger project, the Linux Foundation program related to the distributed ledger.

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IBM announces its new cloud Blockchain Security Service

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Today (July 15, 2016) IBM announces its new cloud Blockchain Security Service that aims at helping businesses test and run blockchain projects for private applications. 
Defined as the “IBM secure blockchain cloud environment”, this project is a new integration of the IBM’s existing blockchain cloud service. 
However, the company goal is to increase the security of private blockchain services running in the cloud. 
Donna Dillenberger recently commented how the cloud environment – thanks to the IBM LinuxOne server – could protect valuable data on a private blockchain.
She explained to Coindesk:
“The cloud is made up of a special hardware that protects the blockchain from hacks, from people who have unethically compromised root users or system administrator credentials.”
Using this safe network, blockchain applications built through the IBM blockchain are signed and encrypted so it is impossible for a malware to install itself on this platform. 
This project is currently in a limited beta version.

Cloud Blockchain Security Service

This is not the first time we read news related to IBM and blockchain services.
In fact, previously this company announced its project for an artificial intelligence called Watson to be created thanks to the blockchain. You can read the full news by clicking here.
Also, IBM is so enthusiastic about this technology that Director John Wolpert commented “We’re All in on Blockchain”, during an important Blockchain Conference held in San Francisco on February 12nd, 2016. 

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Hitachi is studying the Blockchain

Some days ago the Japanese company Hitachi announced that it will open a research laboratory in the US that will study the blockchain ledger and its possible applications.
The lab will partner with Hitachi technology innovation division and it will be opened next month in Santa Clara, California.

Hitachi wants to use the research laboratory to work on some projects for its customer base.

In a press release, Hitachi explained:

“By establishing the Financial Innovation Laboratory in the Silicon Valley, Hitachi will accelerate research [and] development of blockchain technology, collaborative creation with customers, and development of solutions to support business innovation in financial institutions.”


Hitachi partners with Hyperledger

This statement follows a previous company’s news related to the blockchain: in fact, in February Hitachi joined the Hyperledger Project, an advaced blockchain technology that aims at “identifying and addressing important features for a cross-industry open standard for distributed ledgers that can transform the way business transactions are conducted globally.”

The Hyperledger Project is a Linux Foundation collaborative project that stars some of the most important companies in the world, including IBM, J.P. Morgan, Fujitsu and many more.

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Amelia Tomasicchio