"The Hyperledger Project was founded in December of 2015 and aims to create common distributed ledger technology that is shared, transparent and decentralized, making it ideal for application in finance and countless other areas such as manufacturing, banking, insurance and the Internet of Things. By creating a cross-industry open standard for distributed ledgers, any digital exchange with value can securely and cost-effectively be tracked and traded.
"Distributed ledgers are essential to the next generation of the Internet technology stack. The Hyperledger Project is all about bringing together developers to build common distributed ledger technology, a rising tide that will lift all boats," said Brian Behlendorf, executive director for Hyperledger Project. "Open Source projects are great for this kind of work, but it takes a real community to fulfill that promise, and it will require collaborating with our friends in the blockchain technology community. We're ready to do all that right now." (http://www.linuxfoundation.org/news-media/announcements/2016/05/founder-apache-software-foundation-joins-linux-foundation-lead)