VANCOUVER, British Columbia -- BLOK Technologies Inc. is pleased to announce that its 100% owned subsidiary Greenstream Technology Inc. has been accepted as a Silver Member of The Linux Foundation and a General Member of IBM's Hyperledger Organization.
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. In joining these two prestigious communities, Greenstream will be collaborating in a community with global technology companies such as: IBM, Cisco, Intel, SAP and JP Morgan as well as blockchain start-ups from around the world.
Access to this community provides Greenstream, and its parent, BLOK Tech, with unprecedented support and validation for its technology development initiatives. Together, leading-edge blockchain developers such as Greenstream are contributing to the Hyperledger code-base and building out new technology applications on Hyperledger Fabric, a blockchain framework and one of the Hyperledger projects.Greenstream has had a working proof of concept of its blockchain network built using Hyperledger Fabric since January 2018. Further testing and development of this proof of concept is underway as Greenstream develops its modular supply chain integrity network for the legal cannabis industry.
“We are honoured to become members of Hyperledger and The Linux Foundation,” said Manu Varghese, Chief Product Officer of Greenstream. “We strongly believe that this association will support Greenstream as we achieve our vision of developing a secure, compliant and trusted enterprise grade blockchain solution for the emerging legal Cannabis industry in Canada. The collaboration through Hyperledger will provide us the resources, tools and relationships to ramp up our development of the Greenstream platform. We are excited to actively participate in the community and to drive the development of a leading-edge blockchain solution for the Canadian market.”