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Hyperledger Fabric, the open source distributed ledger project from Hyperledger, reached a significant milestone today when it released version 1.0.
Currently, companies like IBM, Intel, Cisco, JP Morgan, Wells Fargo and State Street have created their own global online ledger known as the Open Ledger Project.
Hyperledger, the open source blockchain project from the Linux Foundation, released Hyperledger Sawtooth 1.0, its latest open source digital ledger project.
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Other distributed ledger projects are similarly working on Asynchronous Byzantine Fault Tolerant (AFBT) consensus models, including those using directed acyclic graphs (DAGs) — another nascent decentralization technology that's been suggested as an alternative to blockchain.
That's why Behlendorf –through the Linux Foundation — is investing resources in ensuring that viable open source distributed ledger projects are supported and coming to market for any number of applications for businesses and consumers.
In addition to leveraging the blockchain's open and transparent ledger, projects that create these metacoins using cryptocurrency are able to easily record, track usage and distribute tokens on a global scale.
Ethereum, widely seen as the most ambitious crypto-ledger project, wants its blockchain to go beyond transferring value: it should also be able to execute simple tasks such as verifying if a party to a contract has fulfilled its side of the bargain.
Ledger's upcoming projects include Ang Lee's Brokeback Mountain, the biopic Ned Kelly and fantasy-horror The Brothers Grimm.
Gov. Edward G. Rendell of Pennsylvania, for instance, penciled $850 million in federal Medicaid assistance into the revenue side of his state's ledger, reducing its projected shortfall to $1.2 billion.
The death nearly derailed the project because Ledger's leading role as Tony was some way from completion.
On the other side of the ledger, however, revenues are projected to rise even more sharply — from $2.6 trillion in 2012 to $4.9 trillion in 2021.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com