Bengaluru-based digital transformation focused company, Mindtree has joined an open-source collaborative effort, Hyperledger, that has been created for the advancement of cross-industry blockchain technologies. The collaboration will enable Mindtree to speed up its capability development and enhance its blockchain offerings.

“Enterprises are seeing the strategic value and want to adopt Blockchain to reimagine some of the current process areas and implement futuristic solutions. With this membership, we will be able to assist our customers in realizing their vision in implementing these solutions,” said Madhusudhan KM, Chief Technology Officer, Mindtree. He added, “Joining the Hyperledger community is a further extension of Mindtree’s effort to build strong domain expertise around enterprise Blockchain-based solutions that deliver enhanced transparency, security, and traceability for our clients across many industries including retail, manufacturing, banking, insurance, airlines & hospitality.”

According to Mindtree, the collaboration will allow it to gain access to training materials, whitepapers and use cases as well as access to engineers and architects with in-demand skills, through the Hyperledger community network.

“Mindtree’s large global footprint and ongoing investment in developing blockchain expertise make it a natural fit for our growing community,” said Brian Behlendorf, Executive Director, Hyperledger. “As enterprise blockchain adoption accelerates, companies that are committed to helping companies put the technologies into production will be a vital part of the ecosystem. We welcome the work Mindtree will do on this front.”

Hyperledger, hosted by Linux Foundation, comprises of 14 business blockchain and distributed ledger technologies. It aims to enable organizations to build industry-specific applications, platforms and hardware systems to support business transactions by creating enterprise-grade, open-source distributed ledger frameworks and codebases.

by Megha Bhattacharya
Market Analyst at IBS Intelligence
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