Hyperledger, hosted by the Linux Foundation is one of the world’s first open-source collaborative projects for blockchain development. It was created with the aim to create more secure, reliable and transparent transactional applications through cross-industry blockchain development.
2. Summary of Topics
• Introduction to Hyperledger
• Features of Hyperledger
• Hyperledger Frameworks
• Hyperledger Fabric
• Hyperledger Sawtooth
• Hyperledger Iroha
• Hyperledger Burrow
• Hyperledger Tools
• Hyperledger Grid
• Hyperledger Indy
• Build your own Blockchain Network with
Our Experts
• Conclusion
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3. Hyperledger, hosted by the Linux Foundation is
one of world’s first open-source collaborative
projects for Blockchain development.
It was created with the aim to create more secure,
reliable and transparent transactional applications
through cross-industry blockchain development. It
began with 30 corporate founding members with a
focus on multiple aspects such as manufacturing,
healthcare, finance, IoT, supply chain
management, etc.
Introduction to Hyperledger
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4. Features of
Hyperledger: • Modular
• Secure
• Complete with APIs
• Enabled Smart Contracts
• Interoperable
• Collaborative
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5. The Workings of Hyperledger
Hyperledger has the largest community of blockchain developers.
Hyperledger can be used to create data-sharing networks, develop
custom projects based on cryptocurrency development, healthcare,
supply change management solutions, etc.
Apart from this, coders and blockchain developers can also contribute to
current tools and frameworks, i.e. for the on-going Hyperledger
Development projects or contribute to the Hyperledger learning
resources to create better reference materials.
All of this can be accomplished through the online platform of
Hyperledger. The codes developed on the platform can also be accessed
through Github.
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6. Hyperledger Frameworks
Currently, there are 6 Hyperledger Frameworks
out of which three, namely Hyperledger Fabric,
Hyperledger Sawtooth and Hyperledger Iroha
are in active status.
There are: The rest are still at the incubation
stage. Here’s an insight into these frameworks.
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7. A product of a hackathon, Hyperledger Fabric is a digital ledger
(DLT) and a smart contract engine contributed by IBM along
with Digital Asset. The framework is meant to create ledgers
based on a modular architecture. Hyperledger Fabric developer
community is one of the most diverse and skilled communities
out there.
Hyperledger Fabric development consists of building solutions
to create secure, more reliable, modular blockchain solutions
with practical implementations including supply chain
management systems for Walmart, financial services
management for WeTrade, etc. It is a private blockchain with
no cryptocurrency which can only be accessed by its members
through pre-given permission.
1. Hyperledger Fabric
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8. 2. Hyperledger Sawtooth
This is one of the most recent frameworks to earn an
active status. It is a modular platform for creating,
deploying and distributing DLTs. Due to its novel
consensus algorithm, Proof of Elapsed Time (PoET), it
is very easy to track the transactions in terms of where
and when did these transactions occur.
Hence, Hyperledger Sawtooth development is highly
useful in creating trade-related solutions such as
asset management tools, supply chain management
systems, etc. These solutions keep track of
manufacturing, packaging and distribution of
products, hence eliminating errors.
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9. 3. Hyperledger Iroha
Hyperledger Iroha is also a utility library along with a
DLT and a smart engine contract. Hosted by the Linux
Foundation, Iroha makes up for a really easy to use
platform for modular blockchain distribution.
Written in C+, Iroha’s accounts can be manipulated
using only a set of fast commands and queries
making it a really utile solution for multi-signature
transactions.
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10. 4. Hyperledger Burrow
Hyperledger Burrow is a smart contract application
machine accessible through permission. It is built
with the intention to provide a smart contract
interpretation solution to blockchain clients.
It is created with the specifications of the Ethereum
Virtual Machine (EVM). Still in the incubation
stage, Burrow can be really helpful in turning
documents such as loan applications or business
contracts into smart contracts.
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11. 5. Hyperledger Grid
Another project in its early incubation stage,
Hyperledger Grid is an initiative to develop a
framework focused on supply chain solutions.
Supply chain management is considered to be one
of the most complicated problem areas of
blockchain technology. Hence, this solution is
being built keeping in mind only supply chain-
centric problems, data models, smart contracts and
more.
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12. 6. Hyperledger Indy
Hyperledger Indy is a DLT and a utility library built
with the purpose to optimize the decentralized
identity of blockchain. Blockchain is immutable
and decentralized, one of its most preferred
attributes.
Since DLTs cannot be altered and every transaction
is recorded, it is essential that the identities created
are trustworthy, secure and reliable. Indy is meant
to maximize interoperability of blockchain by
streamlining this system.
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13. HyperledgerTools
1. HYPERLEDGER
CALIPER
Hyperledger Caliper is
basically a performance
management tool for
blockchain meant for
internal usage. It helps
developers generate
performance reports
based on pre-defined use
cases such as transaction
speed, transaction latency,
resource utilization, etc.
2. HYPERLEDGER
CELLO
Creating, building and
terminating blockchains
for smaller purposes can
be tedious. Hence,
Hyperledger Cello was
created as an on-demand
service platform to create
multi-tenant service
platforms along with
infrastructures such as
baremetal, virtual
machines, etc.
3. HYPERLEDGER
COMPOSER
Hyperledger Composer is
a collaborative tool meant
for business to create
smart and quick business
development solutions. It
helps developers create
smart contracts and other
solutions to solve crucial
business problems and
fulfil the necessary
requirements.
14. HyperledgerTools
Hyperledger Explorer is a
blockchain module that
makes it really easy for
developers to find the
solutions that they are
looking for. With this tool,
one can search, invoke,
deploy or query any
specific block as well as
important information
related to the block such
as transaction families, list
of nodes, chain codes, etc.
Hyperledger Quilt is a
business blockchain tool
that facilitated
interoperability between
ledger systems. Values are
transferred across ledger
using an Interledger
Protocol (ILP) which is
basically a payment
protocol. This helps in
easy transfer of data from
one ledger to the other.
Hyperledger Ursa was
built with the intention of
curbing duplication and
maximizing security when
it comes to the
development of
cryptographic solutions. It
is a shared library of all
cryptography related
projects that developers
can refer to before
beginning to work on their
own.
4. HYPERLEDGER
EXPLORER
5. HYPERLEDGER
QUILT
6. HYPERLEDGER
URSA
15. Build your own
Blockchain Network
with Our Experts
Set up a Hyperledger Fabric network on
IBM Blockchain Platform. Install and
instantiate a smart contract package
through IBM Blockchain Platform. Test
out your blockchain network by
executing a Node.js application
with the Hyperledger Fabric SDK to interact
with the deployed network by issuing
transactions.
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