The Kerala Blockchain Academy (KBA) of the Indian Institute of Information Technology and Management-Kerala (IIITM-K) has become the first Indian institution to be granted membership by Hyperledger project hosted by Linux Foundation.
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies.
With this, the city-based KBA has become an associate member along with Cambridge Centre For Alternative Finance (University of Cambridge) in Hyperledger ecosystem, which was launched in 2016 with a technical and organizational governance structure and 30 founding corporate members.
Hyperledger aims to enable organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases.
It is a global collaboration of leaders in finance, banking, internet of things (IoT), supply chain, manufacturing and technology.