Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced that it has achieved a major milestone of 100 active members as six new organizations have joined the project.

Announcing the victory, Hyperledger said that it aims to foster organizations to form a robust, industry-specific applications, platforms and hardware systems in order to provide support to its individual business transaction. This can be achieved by creating an enterprise-grade, open-source blockchain framework and code base. The six new organizations that have joined the project will help in creating an open standard for distributed ledgers for a new generation of transactional applications, the release stated.

“Not going to lie, getting to 100 members feels great, but the real kudos goes to my team and the community. The growth and support across the globe is a testament to the need for an open source initiative, like Hyperledger, that accelerates the development of blockchain software and systems to reinvent industries,” Brian Behlendorf, Executive Director of Hyperledger said.

The new members of the Hyperledger Project include Altoros Americas LLC, Beijing Botuzongheng Science & Technology CO., Shanghai Gingkoo Financial Technology, Sinolending LTD, among others. These new members join leaders in the project in areas like IoT, banking, supply chain, technology, and so on. The membership is truly global with 25%in China, 14% in APAC, 20% in EMEA and 41% spread across the U.S.

“The growth and interest in Hyperledger has been incredible. The project’s ‘umbrella’ vision which welcomes collaboration and hosts many open source distributed ledger technologies encourages developers to find opportunities to work on common code without a top-down single architecture approach and will serve to benefit many industries and applications,” Jim Zemlin, Executive Director, The Linux Foundation said.