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Hyperledger Adds Tradeshift as Premier Member

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"Tradeshift is a leader in B2B commerce and has an excellent track record of contributing open source technologies and bringing value to communities," said Brian Behlendorf, Executive Director, Hyperledger. "We share that same vision by aiming to create a common distributed ledger technology, driving collaboration and enabling organizations to build and run industry-specific blockchain applications and solutions. We're thrilled to see Tradeshift take a leadership role within Hyperledger's Governing Board."

Hyperledger aims to create common distributed ledger technology that enables organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions. Since the beginning of 2016, Hyperledger has grown to more than 160 members that span various industries, including finance, healthcare, the Internet of Things and aeronautics, among several others.

"We're excited to join Hyperledger and further our investment in distributed ledger technology through such a collaborative and innovative model," said Gert Sylvest, CTO and co-founder, Tradeshift. "In an industry that is continuously transforming, we look forward to contributing to an effort that matches our own values surrounding community, collaboration, interoperability, and openness."

To see a full list of member companies, visit: https://www.hyperledger.org/about/members. If you're interested in joining Hyperledger as a member company, please visit: https://www.hyperledger.org/about/join

About Hyperledger

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.

The IBM business model is built to support two principal goals: helping clients succeed in delivering business value by becoming more innovative, efficient and competitive through the use of business insight and information technology (IT) solutions; and, providing long-term value to shareholders. The business model has been developed over time through strategic investments in capabilities and technologies that have the best long-term growth and profitability prospects based on the value they deliver to clients. The company's strategy is to focus on the high-growth, high-value segments of the IT industry. The company's global capabilities include services, software, hardware, fundamental research and financing. The broad mix of businesses and capabilities are combined to provide business insight and solutions for the company's clients.

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