Monax joins Hyperledger blockchain consortium
The blockchain start-up said it is the first member to bring a custom implementation of cutting-edge Ethereum blockchain technology to the project.
The blockchain start-up said it is the first member to bring a custom implementation of cutting-edge Ethereum blockchain technology to the project.
Blockchain start-up Monax has joined Hyperledger, the Linux Foundation-led cross-industry consortium working on a range of advanced blockchain and smart contract technology. Monax added that it is the first company among Hyperledger’s 100-plus members, which include some of the largest industrial concerns in the world “able to bring a custom implementation of cutting-edge Ethereum blockchain technology to the project.”
“We’re very pleased to be joining Hyperledger and submitting our client for consideration by the technical steering committee (TSC),” said Casey Kuhlman, chief executive officer (CEO) of Monax. “From our perspective joining has many merits. Our users will benefit greatly from the confidence of Hyperledger’s strong community and code governance frameworks.
“If our code proposal is accepted, Hyperledger will gain a blockchain client that includes an Ethereum virtual machine (EVM). And we get to build new relationships with the outstanding people and firms of this consortium who are doing the hard work to advance smart contract technology to production-readiness and change the world.”