Mindtree unites with Hyperledger to enhance blockchain development


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Hi, I'm Saloni Sheelwant and I like to read and write about life and its experiences. The world is full of magic and beauty which is now combined with vast forces of technology. I love to research and write about the new startups and technologies thriving into the lives of this generation at a very fast pace.

Mindtree, a company called “born digital,” has joined Hyperledger, a provider of blockchain technologies for business. Where Mindtree delivers digital transformation and technology services from ideation to execution, Hyperledger is an open-source collaborative effort to advance cross-industry blockchain technologies.

Madhusudhan KM, chief technology officer, Mindtree, said, “Enterprises are seeing the strategic value and want to adopt Blockchain to reimagine some of the current process areas and implement futuristic solutions. With this membership, we will be able to assist our customers in realizing their vision in implementing these solutions,”

Mindtree had made investments in blockchains since 2016, and Hyperledger has been a significant part of the finances. It will join as a general member and will be able to raise the progress of its abilities in addition to providing industry-specific blockchain solutions to its clients. Being a general member, Mindtree will have access to the training materials, whitepapers, use cases, and solutions shared through the community system.

KM also said that to build strong domain expertise around enterprise Blockchain-based solutions that give improved transparency, security, and traceability to their clients across many industries including retail, manufacturing, banking, insurance, airlines & hospitality, uniting with Hyperledger will further extend the company’s efforts.

Hyperledger is hosted under the Linux Foundation and is a multi stake-holder with 14 business blockchain and diverse ledger technologies. Brian Behlendorf, executive director, Hyperledger acknowledged the collaboration and stated, “Mindtree’s large global footprint and ongoing investment in developing blockchain expertise make it a natural fit for our growing community. As enterprise blockchain adoption accelerates, companies that are committed to helping companies put the technologies into production will be a vital part of the ecosystem. We welcome the work Mindtree will do on this front.”

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

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