The Bank of England and the Federal Reserve Bank of Boston are among 11 new members of the Linux Foundation-led Hyperledger blockchain initiative.
The slate of new members includes health care group Kaiser Permanente, the academic research group Initiative for CryptoCurrencies and Contracts (IC3) and China Merchants Bank. Among the startups that joined is Monax, which has submitted a codebase to the group with an ethereum virtual machine.
Executive director Brian Behlendorf said in a statement:
The group has been steadily adding new members since the start of the year, including automaker Daimler AG and credit card giant American Express.
The development comes as Hyperledger’s backers move closer to its next software release, expected sometime in March or April.
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