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Hyperledger creates experimental labs for startups

The consortium, founded in 2015, last week approved measures to create what itís calling Hyperledger Laboratory.

22.Jan.18 12:49 AM
By Daria Zaytseva


Hyperledger creates experimental labs for startups

As an effort to bring early-stage startups together with companies that are officially recognized by Hyperledger, this measure can accelerate the pace with which new ideas find traction and reach maturity.

Companies previously had to go through a grueling application process to prove the maturity of their code and a commitment of resources before becoming an "officially recognized" by the consortium and getting "incubation status" for their code.

To give an idea of ​​how strict the process of applying for this status, there are at least 185 members of Hyperledger, but only eight codebases have been officially granted the status.

This new measure now gives startups access to some of the benefits accessed only by companies that are officially recognized - for example, IBM, Intel and Monax.

Perhaps the most important being access to a separate GitHub code repository, where existing Hyperledger members can verify that the code is loaded into the repository, validate it, and provide feedback.

True, startups could already post the project on a common Hyperledger GitHub, but the ability to get code directly in front of Hyperledger members is the key advantage for participating in the initiative. And thanks to this increased visibility, Hyperledger members can provide valuable feedback that can speed the launch time to market.

The code provided in the Github repository under Hyperledger Laboratory will not be required any functional requirements, but the startup that pushed the code will also not receive intellectual property rights for identification as a "Hyperledger Project", as those companies that have a incubation status.

The code will also not receive legal and security checks before major releases and will not be supported by the official Hyperledger marketing campaign, such as those who have incubation status. But the companies that pushed code will be posted on the website.

Supervision of the initiative will be done by a group of four Laboratory staff members from Hyperledger members who will quarterly submit project reports to the wider community on the progress of participants and kill projects that are dormant.

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