Rajat Sharma

May 06, 2020

Looking for a Hyperledger development company for your project?

First, let’s understand ‘What exactly is Hyperledger?” Hosted by The Linux Foundation, it’s an open-source community focused on developing Blockchain-based distributed ledgers. A suite of stable frameworks, tools, and libraries is developed via leaders from finance, Internet of Things, Banking, Manufacturing, Supply Chains, and Technology. The idea is to develop some game-changing technologies and everyone is invited to play a role.

Why Hyperledger Projects Development?

  • Support Business Transaction: To create an open-source, enterprise-grade, distributed ledger framework with an aim to support business transactions.

  • Build Technical Communities: To build technical communities that can help develop Blockchain and shared ledger POCs, field trails, and deployments.

  • Community-Driven Infrastructure: To provide a community-driven infrastructure that is technical and business governance supported.

  • Create Opportunities: To educate concerned parties about the opportunities that can be availed using Blockchain technology.

  • Support Open Protocols: To support open protocols across industries by acting as an intermediary for decentralized digital communities.

What are the Popular Hyperledger Frameworks?

Hyperledger projects include an array of Blockchain frameworks including:

  • Hyperledger Sawtooth: A Blockchain framework with modular and flexible architecture! It separates the core system from the application domain and supports a variety of consensus algorithms such as Proof of Elapsed Time (PoET) and Practical Byzantine Fault Tolerance (PBFT).

  • Hyperledger Iroha:A Blockchain framework with its unique consensus! It is easy to use a modular distributed platform supporting a rich role-based permission model along with multi-signature support. It is designed to be simple so that it can be easily incorporated into infrastructure projects.

  • Hyperledger Fabric: A Blockchain framework with private channels! It allows consensus and membership services to be plug-and-play. Also, the platform boasts a modular and versatile design to support a wide range of industry use cases. The platform is revolutionary and allows entities to conduct confidential transactions.

  • Hyperledger Indy: A Blockchain framework with decentralized identity! It provides tools, reusable components, and libraries and can also be used in other blockchains. It helps develop a set of decentralized identity specs and artifacts. Also, it is based on the ‘Privacy by design’ approach so that digital identities can be handled with the utmost care.

  • Hyperledger Burrow:A Blockchain framework with a smart contract machine! It is a complete single-binary platform with a focus on speed, simplicity, and developer ergonomics. Furthermore, it supports both EVM and WASM based smart contracts and has a sophisticated event system. It can be amended by on-chain proposal transactions

Choose the best Hyperledger development company to gain the maximum benefits…

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