[2017-03-03] ToI: Hyperledger nears release of its first production-ready blockc

Hyperledger nears release of its first production-ready blockchain

http://timesofindia.indiatimes.com/business/international-business/hyperledger-nears-release-of-its-first-production-ready-blockchain/articleshow/57454066.cms

The Hyperledger project, a cross-industry open source blockchain group led by the Linux Foundation, plans to release its first production-ready distributed ledger code base by the end of the month, as projects involving the nascent technology begin to mature.

The group, whose more than 120 members include IBM, JPMorgan Chase & Co, Cisco Systems Inc and the Bank of England, said in a blog post published on Friday that its technical committee had promoted its first blockchain project, Hyperledger Fabric, to an active phase.

Hyperledger Fabric is a type of blockchain designed be used as a foundation to build distributed applications. The team of software developers involved in the project is finalizing the first version of Fabric that could be used by large businesses to build applications and plans to release by the end of March, according to the blog post.

"Our hope is that it is code that people can put into serious production," Brian Behlendorf, Hyperledger's executive director, told Reuters.