Panasonic Among New Contributors to Hyperledger's Iroha Project

Five new companies are contributing to Iroha, one of several projects attached to the Hyperledger blockchain initiative.

Mar 29, 2017 at 4:13 p.m. UTC
Updated Sep 11, 2021 at 1:12 p.m. UTC

Five new companies are contributing to Iroha, one of several projects attached to the Hyperledger blockchain initiative.

Among the companies joining is Japanese electronics conglomerate Panasonic, marking its first major foray into the blockchain space. Other firms involved include Indetail, Intec, CAC and NTT Data, the last of which is a founding member of Hyperledger.

, Iroha focuses on the creation of a framework for user-friendly applications for mobile devices. Soramitsu, which initially proposed the Iroha project, said that the firms involved will all put forward development time and resources.

"This means they will work to develop code to create Hyperledger Iroha, contributing it to the open-source community," the startup said.

The ultimate goal is to develop a robust library of components that can be easily used among others running digital ledgers based on Hyperledger's technology. Specifically, the team behind Iroha seeks to create reusable components in C++ that can call from other programming languages such as GO.

Along with Iroha, the Hyperledger umbrella includes distributed ledger projects like Sawtooth Lake, Fabric and Cello.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

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.

Trending

1
CoinDesk - Unknown
Terra lanzaría su snapshot esta semana: cómo serán distribuidos los 'nuevos' LUNA

El suministro de tokens en la nueva blockchain será de poco más de $116 millones, dijeron los desarrolladores.

El suministro de tokens en la nueva blockchain será de poco más de $116 millones, dijeron los desarrolladores.

CoinDesk - Unknown
2
CoinDesk - Unknown
Binance to Advise on Crypto Strategy as Kazakhstan Looks to Boost Industry

The country known as a bitcoin mining hub is trying to attract more crypto firms and broaden the industry.

The country known as a bitcoin mining hub is trying to attract more crypto firms and broaden the industry.

CoinDesk - Unknown
3
CoinDesk - Unknown
Why Is South Korea Throwing Money at the Metaverse?

South Korea’s “Digital New Deal” is flooding the country’s tech industry with billions of dollars in grant money in the hopes of creating 2 million new jobs. This article is part of "Metaverse Week."

South Korea’s “Digital New Deal” is flooding the country’s tech industry with billions of dollars in grant money in the hopes of creating 2 million new jobs. This article is part of "Metaverse Week."

CoinDesk - Unknown
4
CoinDesk - Unknown
As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable

Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.

Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.

CoinDesk - Unknown