Hyperledger blockchain development
Hyperledger is an open source collaborative effort created to advance cross-industry blockchaiN technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.
Hyperledger is a distributed, open-source ledger or framework based on Blockchain technology that uses mart contract application on enterprises and ventures. This is called Smart Contracts.
In simpler terms, Hyperledger can be thought of as software which everyone can use to create one’s own personalized blockchain service. This software can be used by any developers to hold the industries data for secured manner. This is developed with private blockchain module, on this network only parties can directly be affiliated with the deal which updated on the ledger and notified. Thus it maintains privacy and highly confidential.
Types of hyperledger framework
• Hyperledger fabric
• Hyperledger Iroha
• Hyperledger Sawtooth
• Hyperledger Indy
Hyperledger Fabric is a modular blockchain framework which acts as a foundation for developing blockchain-based products, solutions and applications using plug-and-play components that are aimed for use within the private enterprises.
Hyperledger Fabric was thus designed to be a modular, scalable and secure foundation for offering industrial blockchain solutions.