|   Digital Currency


  |   Digital Currency


Oracle, BTS, Patientory join Hyperledger blockchain project

The Linux Foundation's open source blockchain project Hyperledger has announced the addition of three new members.

The latest General members include BTS, Oracle, and The Patientory Foundation. With this, Hyperledger project has reached 152 members.

"Adding many diverse organizations each month is fantastic to see as blockchain will change the way we conduct business across many industries," said Brian Behlendorf, Executive Director, Hyperledger. "The support from these new members will be beneficial as we focus on driving further integration among our incubated projects and production deployments in the second half of 2017."

Luis Benavente, BTS CTO, said that the company seeks to use distributed ledger technology (DLT) to improve efficiency and facilitate new services for telecom operators across the globe.

“We strongly believe this disruptive technology will enable us to develop a carrier exchange community that will minimize the intrinsic inefficiencies embedded in our business today. We're very happy to be a part of the Hyperledger ecosystem and look forward to collaborating with other members to further this technology,” Benavente added.

US tech giant Oracle said that it is joining Hyperledger to strengthen the foundation of DLT, accelerate and simplify blockchain deployment, and promote blockchain interoperability. Amit Zavery, senior vice president, cloud platform and middleware, Oracle, said:

“Through these efforts, we hope to offer advanced blockchain cloud services that support Oracle's extensive SaaS application portfolio and our customers' applications deployed in PaaS, IaaS or on-premises."

Patientory is a blockchain-based distributed electronic medical record (EMR) storage computing platform, which functions as a network/bridge that connects siloed, centralized EMR systems. The startup recently raised $7.2 million in a successful crowdsale drive.

"As one of the first companies to bring blockchain to healthcare, we are delighted to join Hyperledger," said Patientory Founder and CEO Chrissa McFarlane. "We are eager to collaborate with Hyperledger's broader community to develop the technology further and form relationships that can help us advance the implementation of blockchain in the health space."

Hyperledger incubates eight business blockchain and distributed ledger technologies including Hyperledger Sawtooth, Hyperledger Fabric, Hyperledger Iroha and Hyperledger Indy, among others. It aims to enable organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating an enterprise grade, open source distributed ledger framework and code base.

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