Wednesday, January 31, 2018

What Impact will Hyperledger Fabric have on Blockchain’s Growth?

Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies. The global collaboration is hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chain, manufacturing and technology. These 185+ members and 8 ongoing projects, including Hyperledger Fabric and Hyperledger Composer, work in concert to create an open, standardized and enterprise-grade distributed ledger framework and code base. IBM is one of the leading adopters of Hyperledger. Hyperledger Fabric offers a modular architecture allowing components, such as consensus and membership services, to be plug-and-play. It leverages container technology to host smart contracts called “chaincode” that comprise the application logic of the system. Just 16 months ago, Hyperledger Fabric became the first of the eight Hyperledger projects to be incubated. Hyperledger Fabric was also the first of the Hyperledger projects to exit incubation to “Active” status after a year in incubation. Share your comments. Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com

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