Today the Hyperledger Foundation, the enterprise grade blockchain ecosystem, announced two new members, Citi and Brazilian Development Bank (BNDES). Additionally, it unveiled a new Hyperledger Besu Financial Services Working Group. Besu is the popular Ethereum blockchain client that targets enterprise users and works with public and private Ethereum blockchains.
Last year, Citi unveiled its tokenized deposit offering, Citi Token Services, and later revealed that it used a private Ethereum blockchain infrastructure. However, it has also been experimenting with other technologies, such as Avalanche.
“We’re not just looking to the future; we’re shaping it, aiming for the next generation of financial solutions to be built on a foundation of trust, safety, soundness, and technological innovation powered by the global community,” said Biser Dimitrov, Global Head, Distributed Ledger Technology Center of Excellence at Citi. “We look forward to being a part of this cutting-edge community.”
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