Two of the world’s largest top-10 enterprise software companies by revenue have joined the Hyperledger blockchain consortium.
Microsoft and Salesforce are among the eight new members announced by Hyperledger Tuesday. The recruits also include Norilsk Nickel (Nornickel), a Russian metal company; Gloscad, a Polish tech company developing solutions for the agriculture industry; and Milligan Partners, a U.S.-based consulting firm focused on tech solutions for supply-chain management.
As members, these companies will pay dues based on their size to Hyperledger, an umbrella project for various business blockchains run by the Linux Foundation, and will build applications using the technology.
“Our relations with Microsoft and Salesforce go back a year, so it’s a nice culmination of it,” Hyperledger executive director Brian Behlendorf told CoinDesk, adding:
“Now it’s not an academic interest [for Hyperledger] from their side anymore, it’s something they want to take part in.”
Another three organizations have joined as associate members: China Academy of Information and Communications Technology (CAICT), a Chinese government think tank; the Ethereum Foundation, which supports the development of the world’s second-largest blockchain; and GS1, which develops standards for barcodes.
This category does not require payment of dues and includes non-profits, open-source projects and government entities. The Ethereum Foundation’s joining follows an alliance forged in October between Hyperledger and the Ethereum Enterprise Alliance, which develops standards for business applications built on private and public versions of that blockchain.
Behlendorf called the line-up of new members a promising sign for enterprise blockchain in general. While the cryptocurrency market has been through turbulent times (the boom of 2017 and crypto winter of 2018), “on the enterprise side,