Fintech PR

Hyperledger Welcomes Diverse Line-up of New Members, New Identity Project

Published

5 years ago

June 19, 2019

Reading Time: 3 minutes

Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced a diverse line-up of eight new members, including Ethereum Foundation, Microsoft, Nornickel and Salesforce. Hyperledger also added a new identity infrastructure project that spotlights interoperability, cross project development and broad community involvement.

Hyperledger is a multi-venture, multi-stakeholder effort hosted at the Linux Foundation that includes various enterprise blockchain and distributed ledger technologies. With the recent launch of Hyperledger Aries, there are now a total 13 projects in the Hyperledger greenhouse. Ongoing efforts to continue fostering community development also drove the introduction of a sixth special interest group (SIG) focused on the supply chain industry as well as the kick off of the intensive, hands-on 2019 Summer Mentorship program.

“Our new members illustrate the breadth of organizations that see the value of contributing to the Hyperledger community,” said Brian Behlendorf, Executive Director, Hyperledger. “The mix of blue chip technology companies, international organizations, logistics and manufacturing players and academia that have joined us from point around the world show the widespread interest and investment in open source enterprise blockchain technologies. This broad-based involvement is what drives our expanding portfolio of open source projects, which are fully conceived, developed and advanced by the ever-growing Hyperledger community.”

Hyperledger allows organizations to create solid, industry-specific applications, platforms and hardware systems to support their individual business transactions by offering enterprise-grade, open source distributed ledger frameworks and code bases. The latest general members to join the community are Gloscad, Microsoft, Milligan Partners, Nornickel and Salesforce.

Hyperledger supports an open community that values contributions and participation from various entities. As such, pre-approved non-profits, open source projects and government entities can join Hyperledger at no cost as associate members. Associate members joining this month include China Academy of Information and Communications Technology (CAICT), Ethereum Foundation and GS1 US.

These organizations and our other members will be joining us in Tokyo at the end of July for our annual Member Summit.

New member quotes:

Gloscad
“In a world where everything is connected, where transactions and information are instantly delivered and processed around the world, it is now crucial to adapt our rules of conduct – from analysis, preparation, production to consumption,” said Criss Boukoulou, CEO and co-founder of Gloscad. “Our main goal is to provide sustainable solutions to the most basic human needs. Hyperledger offers an opportunity to reinvent the agricultural model by building trust on human level. As a general member, we look forward to contributing to this new ecosystem.”

Microsoft
“Our journey in the blockchain ecosystem has brought us a long way, and now is the time for us to join the Hyperledger community,” said Marley Gray, Principal Architect, Blockchain Engineering at Microsoft. “We are proud of our contributions to such a diverse blockchain ecosystem, from our Azure service offerings and developer toolkits to our leadership in driving open specifications. We look forward to contributing to the community’s projects as well as initiating new ones based on emerging standards.”

Milligan Partners
“Joining Hyperledger is tremendously valuable to us as we develop blockchain solutions for Mobility as a Service,” said Matt Milligan, Managing Partner at Milligan Partners. “By working in this diverse open source community, we can be more creative and more innovative than we could ever be on our own. We’re thrilled to support and contribute to the Hyperledger community.”

Nornickel
“Hyperledger is our core technology. By joining Hyperledger, we plan to share our expertise and knowledge to improve blockchain technology,” said Sergey Batekhin, Senior Vice President — Sales, Procurement, and Innovation at Nornickel. “Our company has formed a considerable pool of ideas, concepts and initiatives that can be offered to other industry players. By joining the Hyperledger community, we are making our inventions accessible to interested parties around the world.”

Salesforce
“Blockchain is quickly becoming a foundational technology for organizations to deliver a truly connected customer experience,” said Adam Caplan, SVP, Emerging Technology, Salesforce. “Hyperledger has created a great blockchain community that we’re excited to learn from and be a part of.”

SOURCE Hyperledger

Fintech PR

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

7 hours ago

November 24, 2024

CISION (PR Newswire)

wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html

Fintech PR

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

7 hours ago

November 24, 2024

CISION (PR Newswire)

qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech,-wahed

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

Photo – https://mma.prnewswire.com/media/2566075/Qatar_Development_Bank_Announcement.jpg

View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html

Fintech PR

China’s AIMA brand electric motorbike is now in Bangladesh

Published

20 hours ago

November 23, 2024

CISION (PR Newswire)

DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.

In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.

Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.

AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.