FedEx Joins Blockchain Community
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FedEx Joins Blockchain Community

Freight forwarding giant joins Hyperledger 

TLME News Service

FedEx has joined the international blockchain community Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, along with 14 other new members.

FedEx joins more than 270 organizations on Hyperledgers’ open source distributed ledger frameworks and tools.

“Our community ranges from technology giants and industry leaders to start-ups, service providers and academics,” said Brian Behlendorf, Executive Director, Hyperledger.

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“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 10 business blockchain and distributed ledger technologies.

Hyperledger enables organizations 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.

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The latest general members to join the community are: BetaBlocks, Blockchain Educators, Cardstack, Constellation Labs, Elemential Labs, FedEx, Honeywell International Inc., KoreConX, Northstar Venture Technologies, Peer Ledger, Syncsort and Wanchain.

Kevin Humphries, Senior Vice President, IT, FedEx Services, said: “We believe that blockchain has big implications in supply chain, transportation and logistics.

“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.”

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