On May 19, Brian Behlendorf was appointed the project’s executive director.
The founding project members were announced in February 2016, with ten further members and the governing board announced a month later on March 29. In December 2015, the Linux Foundation announced the creation of the Hyperledger Project. It was renamed Hyperledger Foundation in October 2021. IBM, Intel, and SAP Ariba have contributed to support the collaborative development of blockchain-based distributed ledgers. Hyperledger (or the Hyperledger Project) is an umbrella project of open source blockchains and related tools that the Linux Foundation started in December 2015.
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