Smartphone giant Huawei is now supporting the Hyperledger blockchain project.
The Linux Foundation-led blockchain effort added 10 new members to its network today, bringing its total number of backers to 95. Notably, a significant portion of the new members hail from outside the US, with four based in China.
While other major names are among the latest batch, Huawei's addition is notable as it may be the largest smartphone vendor to publicly align with blockchain technology. While Samsung has hinted at its interest, Apple and other major market players have largely been silent about the role they could take on in leveraging blockchain for business.
In statements, however, Huawei did not reveal additional details about its interest.
He XiaoXiang, VP of engineering at Huawei, said only:
Other new Hyperledger members included Hundsun Technologies, Hyperchain Technologies, Murphy & McGonigle, PC, National Stock Exchange of India, Nokia, theloop Inc, Sberbank, Shenzhen Qianhai Zhaogu Financial Service and Shenzhen Xinguodu Technology.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.