Indian blockchain start-up to be announced as a Hyperledger accredited service provider

Indian blockchain start-up to be announced as a Hyperledger accredited service provider

Hyperledger, an open-source collaborative  effort made to progress cross-industry blockchain technology, today announced Snapper Future Tech as a brand new member and recognised Hyperledger Accredited Service Provider (HCSP). Snapper Future Tech is a worldwide technology & services products firm, leading electronic transformation for businesses using blockchain.

This Blockchain startup was among the hardly any businesses that raised another round of $250,000 in financing amidst the lockdown from 2020 from strategic investors. Snapper Future Tech utilizes Hyperledger technologies such as cloth to make enterprise-grade blockchain software.

Hyperledger supports an open community which appreciates the contributions and involvement from several entities. There are just 23 companies which are HCSPs worldwide, 3 from them are located in India. Apart from Snapper Future Tech, Mindtree, and Tech Mahindra are out of India are HCSPs. Other firms are from Canada, China, India, South Korea, Switzerland and the USA.

Speaking on the statement, Darshana Jain, CEO, Snapper Future Tech, stated  "Enterprise blockchain is your near future, and we feel that Hyperledger technologies such as Fabric and Indy will play a substantial part in driving business blockchain adoption and solving real world issues in identity management, sustainable distribution chain, e-governance, and far more."