Hyperledger, the Linux foundation-backed blockchain consortium for enterprises, has added business network startup Tradeshift as a premier member.
With the announcement, Tradeshift, which helps companies send and pay invoices using its cloud service, joins other Hyperledger premier members including Accenture, American Express, Cisco, IBM and JPMorgan Chase.
In statements, Tradeshift indicated that, in joining the group, it seeks to explore open blockchain technology in order to accelerate innovation in B2B commerce.
The company's CTO and co-founder, Gert Sylvest, who will be representing Tradeshift on the Hyperledger governing board as part of the membership deal, said:
Brian Behlendorf, executive director of Hyperledger, said the startup shares Hyperledger's vision of building common blockchain technology that allows organizations to create and run robust, industry-centric applications and platforms.
The Hyperledger project now boasts over 160 members from industries across finance, healthcare, credit card services, the Internet of Things and aeronautics, among others.
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.