Ripple and REMME joined Hyperledger

In total, 14 new member joined Hyperledger consortium
29 March 2018   2433

Founded by the Linux Foundation, the Hyperledger consortium has been enriched by 14 new members, including Ripple and REMME, a Ukrainian startup specializing in security solutions.

Through our partnership with Hyperledger, developers worldwide will be able to access Interledger Protocol (ILP) in Java for enterprise use. The Hyperledger Quilt project connects Hyperledger blockchains with other ILP-capable payment systems such as XRP Ledger, Ethereum, Bitcoin (Lightning), Litecoin, Mojaloop and RippleNet, helping us to deliver on our vision for an Internet of Value – where money moves as information does today.
 

Stefan Thomas

CTO, Ripple

Other new members of Hyperledger include:

  • Beijing Truth Technology
  • Blockchain Technology Partners
  • CULedger
  • Greenstream Technology
  • KompiTech
  • MATRIX Foundation
  • Shenzhen Rongxun Technology
  • Spin Systems
  • Versia
  • Xiilab Co

To date, the consortium has more than 200 organizations from 25 countries that work in such areas as finance, the Internet of things, the supply chain, industrial production and technology.

Previously, Interledger protocol worked only with JavaScript, but last year Ripple entered into an agreement with the Japanese company NTT Data to improve it. After the completion of the development, the company sent Hyperledger a new product, later named Hyperledger Quilt.

US Crypto Companies to Support TON in Case With SEC

The Blockchain Association said Telegram taken sufficient measures to ensure that the Gram token offer met SEC requirements
23 January 2020   118

The Blockchain Association, which combines companies such as Coinbase, Circle, 0x and Ripple, issued an expert opinion as part of the ongoing proceedings of the US Securities and Exchange Commission (SEC) with Telegram.

Previously, the Digital Commerce Chamber launched a similar initiative. The blockchain association, however, was more straightforward and stated that Telegram had taken sufficient measures to ensure that the Gram token offer met SEC requirements. According to members of the organization, the actions of the SEC can damage not only Telegram, but the market as a whole.

The Court should not block a long-planned, highly anticipated product launch by interfering with a contract between sophisticated private parties. Doing so would needlessly harm the investors that securities laws were designed to protect.

 

The Blockchain Association

The Blockchain Association notes that for many years it has not been possible for SEC to obtain clear and unambiguous guidance for conducting activities in the cryptocurrency space, while the claims of the regulator make the current situation even more ambiguous. 

The SEC’s lawsuit also raises novel questions regarding whether companies are forbidden from raising funds from sophisticated U.S. investors, under well-established regulatory provisions, to build blockchain networks.

 

The Blockchain Association

They cite examples of startups TurnKey Jet and Pocketful of Quarters, in respect of which the regulator recommended not to apply legal measures, adding that such litigations inevitably involve high costs and do not guarantee industry participants that they will not be prosecuted in the future.

Telegram discussed its plans with SEC staff for a year and a half, provided copious information and responded to limited feedback by adjusting the design of its transaction. Yet, at the end, the SEC has sued, and the SEC’s briefs thus far say nothing about the substance of those discussions. 

 

The Blockchain Association

In conclusion, the group asks the court to “reject the SEC’s arguments that the not-yet-in-existence Grams were securities at the time of the Purchase Agreements.”