The Hyperledger Project, a cross-industry collaborative effort to study, develop and implement open-source blockchain solutions and standards has set up a working group as an extended arm in China.
As a result, the open-source consortium has announced the Technical Working Group China (TWG China) to help bridge and foster a working relationship between the global Hyperledger community with local technical teams in China. The TWG China was first approved by the Hyperledger technical steering committee (TSC) on December 1, 2016, as Chinese member ranks began to swell among the project.
Furthermore, TWG China will host and organize meetups, hackathons, training sessions and other community efforts to help push blockchain education, research and development. New developers will be directly educated on how to contribute code to the open-source cause, with access to Hyperledger roadmaps and development initiatives.
The move to establish the group follows strong interest amid an increase in member numbers in the country. Announced this week, the Linux Foundation-led Hyperledger Project revealed that over 25% of Hyperledger members – of which there are more than a hundred on last count – are from mainland China.
Notable events include an upcoming ‘Asia Hackathon’ to be held in March 2017. A meetup is scheduled to occur this week, January 7th, at tech-hub Shenzhen with another to follow sometime this year in Shanghai.
The working group will be led by three appointed members as chairpersons, including representatives from tech and hardware giants IBM and Huawei, as well as Wanda, one of the largest multinational conglomerates in the world. These positions will be re-appointed every 6 months.
The TWG China aims to facilitate interactions between Hyperledger members around the world and contributors and technical users in mainland China as well as other regional countries including Taiwan and Hong Kong. The working group is also tasked to grow the Hyperledger developer community in China by encouraging technical contributions to the project.
Image from Shutterstock.
Central Bank Digital Currency Brings Wider Access: Bank of Japan
A blockchain-based central bank digital currency issued to the public would allow wider and unrestricted access to payment and settlement systems, the deputy governor of the Bank of Japan said earlier
Levine on Wall Street: Bank Troubles and Oil Worries
JPMorgan had earnings.
It's a miss, $1.19 per share versus $1.31 estimates, with fixed-income revenue down in part because of the sale of the commodities unit, and in part because, you know, tradin
Levine on Wall Street: Capital Raises and Stress Tests
Deutsche Bank is raising some money.
Yesterday it announced that it's raising about 8 billion euros of common equity capital, mostly from an underwritten rights offering but also 1.75 billion euros
Cool Derivatives and Bank Consultants
I used to sell equity derivatives, and the way you sell equity derivatives is by telling scary stories about the future. Are you worried that the crisis in Ruritania will wreak havoc on your
Bitcoin's Creator Is Human. Get Over It.
Craig Wright, a compulsive degree collector from Australia, has officially laid claim to the name of Satoshi Nakamoto, the pseudonym used by the mysterious inventor of bitcoin. His motives are unclear
Bitcoin Is a High-Tech Dinosaur Soon to Be Extinct
For all the regulatory crackdowns on Bitcoin in recent weeks, the cryptocurrency's advocates remain unfailingly optimistic. Bitcoin is the future, they tell us; it heralds a future where private, stat
Levine on Wall Street: The Political Dominance of the Cabal
has a hobby
You know who thinks that George H.W. Bush masterminded 9/11 and that the CIA shot John F. Kennedy and a bunch of other stuff? Tower Research's Mark Gort
Ritholtz's Reads: The Case Against Hedge Fund Managers
Welcome back to the monkey house. Cuba, Apple, Hedgies, Greece all get featured in our Monday morning train reads:
What are you reading?
Billions Poured Into Currency-Hedged ETFs to Offset Stro