Walmart and seven more companies join Hyperledger Consortium

Hyperledger, an international blockchain consortium, has been joined by eight new members, including Walmart, Clear, and Conduent.

According to a press release, the retail giantWalmart joined the Hyperledger Consortium along with seven other companies. The list of new members includes a subsidiary of the IOST network Aiou Technology, a B2B smart contract firm Clear, and the Swiss service blockchain company Tangem. Tokenation and Joisto Group also joined the consortium.

Walmart Global Tech vice president Sanjay Radhakrishnan has commented on the company’s joining the consortium. He said:

“We have achieved good results thanks to various deployments of the blockchain, and we believe that participation in the work of the consortium will change the future of our business.”

Walmart has long been experimenting with blockchain indifferent areas. In November, Canadian Walmart announced that it was developing a blockchain solution for the supply chain. Last August, the company patented a drone communication system on the blockchain, and in the same month filed a patent application for a stablecoin similar to Libra.

Earlier this year, the Hyperledger Consortium announcedthe launch of a new version of the open source blockchain platform Fabric, which introduced the decentralized management of smart contracts. Last spring, Hyperledger also released a set of tools to increase data compatibility on blockchains.

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