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FedEx makes blockchain move with Hyperledger membership

Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, has signed up FedEx and 13 other companies to expand to 270 organisations in total.

Hyperledger, a multi-project, multi-stakeholder effort that includes 10 business blockchain and distributed ledger technologies, enables organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases.

"We believe that blockchain has big implications in supply chain, transportation and logistics," said Kevin Humphries, Senior Vice President, IT, FedEx Services. "We are excited for the opportunity to collaborate with the Hyperledger community as we continue to explore the applications and help set the standards for wide-scale blockchain adoption in our industry and others."

Brian Behlendorf, Executive Director, Hyperledger, commented: "Our community ranges from technology giants and industry leaders to start-ups, service providers and academics. We are gaining traction around the world in market segments from finance to healthcare and government to logistics. This growth and diversity is a signal of the increasing recognition of the strategic value of enterprise blockchain and commitment to the adoption and development of open source frameworks to drive new business models."

Both FedEx and UPS are already members of the US-based Blockchain in Transport Alliance (BITA).

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