Baidu (BIDU), China’s (MCHI) leading Internet search engine company, recently joined a global blockchain group. The company became a Premier member of Hyperledger, a blockchain consortium led by the Linux Foundation. Hyperledger is an open-source global collaboration focused on creating advanced blockchain technologies suited for multiple industries.

Hyperledger brings together leaders in industries such as finance, manufacturing, technology, and the IoT (Internet of Things). As part of Hyperledger, Baidu joins American Express (AXP), IBM (IBM), JPMorgan Chase (JPM), Cisco Systems (CSCO), Daimler, Fujitsu, and Intel (INTC).