Huawei Joins Hyperledger as Blockchain Group Adds 10 Members

huawei

Smartphone giant Huawei is now supporting the Hyperledger blockchain project.

The Linux Foundation-led blockchain effort added 10 new members to its network today, bringing its total number of backers to 95. Notably, a significant portion of the new members hail from outside the US, with four based in China.

While other major names are among the latest batch, Huawei’s addition is notable as it may be the largest smartphone vendor to publicly align with blockchain technology. While Samsung has hinted at its interest, Apple and other major market players have largely been silent about the role they could take on in leveraging blockchain for business.

In statements, however, Huawei did not reveal additional details about its interest.

He XiaoXiang, VP of engineering at Huawei, said only:

“Huawei continues to strive to make technical breakthroughs and we believe blockchain is the next evolution to help meet the needs of our customers.”

Other new Hyperledger members included Hundsun Technologies, Hyperchain Technologies, Murphy & McGonigle, PC, National Stock Exchange of India, Nokia, theloop Inc, Sberbank, Shenzhen Qianhai Zhaogu Financial Service and Shenzhen Xinguodu Technology.

Image credit: photo_master2000 / Shutterstock.com

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Source: coindesk[dot]com

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