Indian Blockchain Start-up, Third Nationally to Be Announced as a Hyperledger Certified Service Provider

Business Wire IndiaHyperledger, an open-source collaborative effort created to advance cross-industry blockchain technologies, today announced Snapper Future Tech as a new member and recognised Hyperledger Certified Service Provider (HCSP). Snapper Future Tech is a global services & technology products company, leading digital transformation for enterprises using blockchain.

This Blockchain start-up was one of the very few companies that raised a second round of $250,000 in funding amidst the lockdown in 2020 from strategic investors. Snapper Future Tech uses Hyperledger technologies like fabric to create enterprise-grade blockchain applications.

Hyperledger supports an open community that values the contributions and participation from various entities. There are only 23 companies that are HCSPs globally, 3 out of these are based in India. Other than Snapper Future Tech, Mindtree, and Tech Mahindra are from India are HCSPs. Other companies are from Canada, China, India, South Korea, Switzerland and the United States.

Speaking on the announcement, Darshana Jain, CEO, Snapper Future Tech, said "Enterprise blockchain is the future, and we believe that Hyperledger technologies like Fabric and Indy will play a significant role in driving enterprise blockchain adoption and solving real world problems in identity management, sustainable supply chain, e-governance, and a lot more."