Italian postal service joins hyperledger community

Copyright © Blockchain Council www.blockchain-council.org
Italian Postal Service Joins Hyperledger
Community
Blockchain has laid the foundation stone for the next generation of technological
development. In a decade long journey, Blockchain has given us many
innovations that have transformed the business operations. All this aim at
improving the business functionality while ensuring transparency, provenance and
data security.
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Hyperledger is yet another wing of Blockchain that surged in the year 2016. It is a
collaborative Blockchain project which is spearheaded by Linux. The company has
many big names on board, and the latest addition to this is the Italian Postal
Service. Read ahead to know more on this news.
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What Is Hyperledger ?
Whenever you would read about Blockchain, one of the most common
terminologies that you would come across is Hyperledger. Linux Foundation
created this platform in December 2015, and it started to gain momentum from
February 2016. Many of us confuse Blockchain with cryptocurrency and hyper
ledger, but the fact of the matter is that these are entirely different.
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You must know that Hyperledger is not a cryptocurrency, it is not a Blockchain;
instead, it is like a hub where open source Blockchain-based applications are
developed. Whenever you read about Hyperledger, you would stumble upon some
innovative projects for non-currency and industrial Blockchain applications.
5

In simple words, Hyperledger promotes industrial Blockchain development. It is a
global collaboration which includes big names from various sectors like
technology, finance, supply chain IoT and manufacturing. We all know that
Blockchain ensures data security, transparency, accountability as its core,
Hyperledger promises to be more revolutionary than Blockchain, so we can expect
it to be more effective and efficient than Blockchain.
6

Who Are The Contributing Member of Hyperledger?
Linux Foundation’s Hyperledger started with ten members on the list, and today it
has extended to more than 100 members coming from different industries. It has
technology giants like Dalmer, IBM, SAP, Nokia, biggies like American Express,
BBVA, Well Fargo. Hyperledger list of members is not merely restricted to just
these members; instead,
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it has also onboard the Blockchain startups like Consensys, Factom, Blockstream,
Lykee, and Netki. It would not be wrong to say that Hyperledger creates a hub
where tech and finance giants come together with Blockchain startups to create a
more efficient and proficient Blockchain framework.
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What are the key feature attracting more and
More industries to join Hyperledger?
We all know how fast Blockchain is developing and is affecting every industry.
Blockchain has its own set of bottlenecks which Hyperledger overcomes. One of
the critical features of Hyperledger is that it is a framework of permissioned
networks. It means that the identity of all the participating members is known. With
this feature, Hyperledger promises to be more protected and secured. This
becomes beneficial for industries where data security is prime like finance,
academics, and healthcare
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Hyperledger is built on a modular architecture. This bifurcates the entire
transaction process in three parts:
1. Distributed logic processing and agreement
2. Transaction Ordering
3. Transaction validation
Because of this, an exchange of information has to go through a lesser level of
trust and verification, and at the same time, it also enhances network performance
and scalability.
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The reason companies are shifting to Hyperledger provides both technical
knowledge and software framework to the industries. All this aims at creating
strategic goals of Hyperledger to develop industrial applications of Blockchain
technology.
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Poste Italiane Joining as the Member of
Hyperledger
On January 29th, 2019, Poste Italiane joined the Hyperledger. This successful
goals completion of its Deliver 2022 Business Plan. With this Poste Italiane aims
at promoting and accelerating new technology to improve its business operations.
Syncing its business operation s and functionalities with Hyperledger, Poste
Italiane aims to resolve problems like :
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· Data security
· Privacy of data and information
· Interoperability
· Transparency
Apart from Poste Italiane, FedEx also joined the Hyperledger as a member in
September 2018.
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Conclusion
The reason companies are making a shift to Hyperledger is because they want to
enhance the efficiency of business operations while ensuring the safety and
security of data which remains a prime concern for many. While Blockchain
orients more around cryptocurrencies and tokens, Hyperledger focuses more on
non-monetary and industrial applications of Blockchain technology. With its
advanced features, we are expecting Hyperledger to create a more efficient
ecosystem of growth for companies which will help them get a competitive edge.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
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● Certified Solidity Developer
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THANK YOU!
Any questions?
You can mail us at
hello@blockchain-council.org
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Italian postal service joins hyperledger community

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Italian postal service joins hyperledger community