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Members of super-book accounts began to cut dues or withdraw, blockchain to mature to make large-scale enterprises more selective

According to Reuters, more than 15 super books (Hyperledger) block chain Alliance members have either cut financial support, or a few months began to withdraw from the group in the past.

At a board meeting last Friday, a slide entitled "Loss of Membership," shows that exchange operator CME Group and Deutsche Börse have decided to reduce membership levels by the end of January 2018

Founded in 2015, the super ledger blockchain coalition is led by the Linux Foundation to develop blockchain technology for enterprises. The blockchain, originally appearing as the underlying Bitcoin technology, is a shared data record that is maintained by computer networks on the Internet.

CME Group and the German stock exchange are the group's "premier members" and will now be downgraded to At-Large.

According to the Super Ledger website, top members can get seats on the board of the league and need to pay $ 250,000 a year. The average member pays 5,000 to 50,000 U.S. dollars based on the size of the company.

According to the documents, the Blockchain Alliance R3 has also decided to downgrade its membership next year.

In a written statement, Brian Behlendorf, superbook executive, said that members of the super-book "have seen tremendous growth in 2017".


"We've seen some members who have joined the super-book since the beginning of 2015 started adjusting their spending, but they are still members of the organization and we've also seen companies that have never been involved in deciding not to renew their membership This is normal and expected. "
Banks and other big companies have invested hundreds of millions of dollars in the development of blockchain technology in the hope that it will help them streamline their expensive record-keeping processes.

To speed up growth, many large companies have formed or joined industry groups, including the Enterprise Ethereum Alliance (EEA) and R3.

As blockchain technology matures, the weaker support for the hyper-book by some of the larger members shows that large companies have begun to work more selectively on their blockchain. Earlier this year, JPMorgan left the R3 blockchain, and Goldman Sachs, Santander and other banks left the R3 coalition.
Now comes a cryptocurrency and blockchain startup investment boom. As of press time, bitcoin prices have exceeded 18,000 US dollars, yesterday exceeded 20,000 US dollars mark.

Despite the exciting bitcoin uptick, the blockchain has not been used to run any large-scale projects.

With more than 180 members of the super-book (as of the end of January 2018, the number of primary members of 18), this year released the first enterprise-level blockchain. Members of the super-book also need to be independent members of the Linux Foundation.

Reuters parent Thomson Reuters is a member of the three blockchain alliances, Superbook, R3 and the Enterprise Ethereum Alliance (EEA).