Startup Ripple joined blockchain consortium Hyperledger-based Linux Foundation. Ripple was one of 14 new members of the consortium, the list of which was published on the website Hyperledger on Wednesday 28 March.
Recall, the blockchain-the consortium was founded at the end of 2015 and to date includes 231 the company of more than 25 countries. It is noteworthy that among the new members Hyperledger is an American CULedger, which is an independent consortium founded last year by a group of credit unions.
“Our partnership with Hyperledger will allow developers to access Interledger Protocol (ILP) in Java for enterprise use,” said technical Director of Ripple’s Stefan Thomas (Stefan Thomas).
Note Interledger is an open Protocol that allows you to make payments between different registries. Earlier ILP functioned only in JavaScript. However, the Ripple cooperation with Japanese system integration company NTT Data, the agreement which was signed last year, allowed us to extend the use of the Protocol due to the transition to Java. Subsequently, the company submitted to the members of the consortium updated the Protocol based on Java, called Hyperledger Quilt.
“The Hyperledger project Quilt combines the blockchain Hyperledger with other payment systems using ILP Protocol, such as the XRP Ledger, Ethereum, Bitcoin (Lightning), Litecoin, and Mojaloop RippleNet, helping us realize our vision of the Internet of values, where money moves, just as today, moving back and forth,” explained Thomas.
It is expected that 2018 will be a very busy one for the Hyperledger consortium, which plans to develop three blockchain-open source platform and bring them to the 1.0 version or release. In addition, Hyperledger announced the launch of a blockchain tool that will accelerate the development of blockchain-based applications.
We will remind, earlier it became known that 14 of the banks in Thailand will use Hyperledger Fabric to start a joint blockchain platform.
