Hyperledger is an open source blockchain project that was launched by the Linux Foundation in 2015, and has received contributions from several notable entities, including IBM and Intel with the intention of improving cross-industry cooperation with the help of blockchain technology. 

The Hyperledger project does not make use of a token. Rather, the project is chiefly for companies to use within their enterprise ecosystem networks. Such networks are usually permissioned and intended largely to help better share data between the members of the network. 

The most well known of the blockchains developed by the Hyperledger initiative is the Hyperledger Fabric, a permissioned blockchain network that IBM was heavily involved in. The network supports both Go and JavaScript languages. There are a total of 28 organizations working on the Hyperledger Fabric.

The initiative has also seen the release of several frameworks and tools, such as Hyperledger Sawtooth, Hyperledger Grid, Hyperledger Caliper and Hyperledger Composer. These tools focus on offering different features. Examples of these features include smart contract enhancement, interoperability, benchmark tools, supply chain solutions and much more.

Hyperledger counts several prominent entities as its members, entities from the crypto industry, traditional markets, technology companies, financial services firms, academic institutions and many more from different verticals. Some examples of members are ConSensys, IBM, Intel, SWIFT, Wells Fargo, UCLA Blockchain Lab, Accenture and Wipro.

As is made quite clear by the technical architecture and documentation, the Hyperledger project is primarily intended for businesses and business use cases. Target verticals, though many, include the supply chain, finance, healthcare, the Internet of Things and manufacturing.