​norbloc joins the Hyperledger Project

Stockholm, SWEDEN (June 22, 2016) – norbloc AB (“norbloc”) announced today that the company has joined the Hyperledger Project (“Hyperledger”), a collaborative cross-industry effort created to advance blockchain technology and to help create an open standard for distributed ledgers.

“The enterprise application of blockchain technology is set to change the way we conduct business and will have a profound impact across all sectors of business,” said Brian Behlendorf, Executive Director of Hyperledger in an announcement made by the organization. “To be able to welcome this many new members each month is not only a testament to what we are doing, but is paramount to our success in developing distributed ledger technology for the world.”

Hyperledger was created by the Linux Foundation, with current members including IBM, Deutsche Börse Group, J.P. Morgan, DTCC, Intel, Cisco, Swift, Thomson Reuters, BNY Mellon, and Wells Fargo, among others. Being part of Hyperledger will allow norbloc to bring the cutting edge technology developed together with the global project partners directly to the company’s banking partners in the Northern European region.

“Blockchain technology will open up new horizons in peer-to-peer interactions across industries and participants. The Hyperledger project is uniquely positioned to foster the collaborative approach needed in order to create a successful ecosystem; we’re proud to be part of this effort and contribute our wealth of knowledge to blockchain infrastructure and development” said Astyanax Kanakakis, Chief Executive Officer of norbloc.