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Sep 13, 2017 05:39 PM IST | Source: Moneycontrol.com

Wipro partners with open source blockchain project Hyperledger

Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain, manufacturing and technology

Wipro's Big Data Analytics-as-a-Service is now available on Microsoft Azure
Wipro's Big Data Analytics-as-a-Service is now available on Microsoft Azure

Wipro Limited said today that it will partner with an open source project Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments.

Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain, manufacturing and technology.

“We are excited to welcome Wipro to the Hyperledger community. Wipro brings industry-acknowledged blockchain advisory and consulting capabilities, coupled with industry solutions for specific use cases and a strong partner ecosystem to help client businesses innovate on blockchain. We look forward to Wipro’s active contribution in the Hyperledger community to share insights on blockchain use cases, technology frameworks, tools and standards, and thought leadership,” said Brian Behlendorf, Executive Director, Hyperledger in a statement.

Wipro’s Blockchain Innovation Lab has developed several industry solutions on Hyperledger Fabric such as Tri- party collateral management, Air worthiness certificate tracking, Trade Finance and Loyalty Rewards Management. Wipro is also developing technology competency on Hyperledger through internal bootcamps and partner-led training sessions.

“We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprises. Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases,” said Krishnakumar N Menon, Vice President, Service Transformation, Wipro Limited.

Wipro has identified blockchain as one of the strategic client themes to drive digital innovations and transformation across the enterprise.

As part of the Wipro’s Blockchain CoE (Center of Excellence), Wipro develops industry solutions, blockchain assets and frameworks and an IP portfolio. Wipro helps clients experiment, deploy proof-of- concepts on blockchain technologies, and incrementally expand to scale-to- production releases.
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