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Internet Heavyweight Joins Open-Source Blockchain Consortium

  • Brian Behlendorf helped develop the Apache web-server software
  • Hyperledger Project wants to overhaul business transactions

The Hyperledger Project, the developer of blockchain software that’s backed by IBM, Wells Fargo & Co. and other titans of technology and finance, has a new leader.

The group has hired Brian Behlendorf, 43, as executive director, according to a statement Thursday. He was a key developer of Apache, the software that powers much of the web, and also worked for the World Economic Forum and President Barack Obama’s administration.