Hyperledger onboards Citi, forms Besu working group headed by DTCC

The open-source blockchain software developer now has 135 members and is heralded as a tokenization leader.

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Open-source blockchain software developer Hyperledger Foundation has onboarded two more members and created the Hyperledger Besu Financial Services Working Group. The working group will seek to strengthen alignment between service developers and organizational users.

Citi and the Brazilian Development Bank (BNDES) are new foundation members. They join 133 current members, including banks, central banks, tech firms, nonprofits, educational institutions and retailers. Members can support the foundation financially or through “sweat equity,” executive director Daniela Barbosa told Cointelegraph. Their support ensures the continuation of the foundation’s 13 projects, and the code they produce is enterprise-grade.

A large portion of the financing Hyperledger receives goes toward providing training for expert users, who are experiencing greater demand as the foundation’s products are adopted, Barbosa said.

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