Hyperledger Fabric is a blockchain based platform that provides solutions to the problems in the business. Its modular architecture delivers high level of confidentiality, resilience, flexibility and scalability.Talk to Our Experts
How hyperledger Fabric differs from other blockchains is that it is private and permissioned. Rather than an open permissionless system that allows unknown identities to participate in the network (requiring protocols like “proof of work” to validate transactions and secure the network), the members of a Hyperledger Fabric network enroll through a trusted Membership Service Provider (MSP).It's designed to execute the different components of business and accommodate complexity and intricacies of the economic ecosystem.
Hyperledger allows user the ability to create channels, this is an important option for some networks that are competitors and want to make some transactions invisible to their competitors. If two participants form a channel then only them have a copy of the ledger and no other user can access the data.
Hyperledger smart contracts are written in Chaincode that contain the business rule of the system, it is written in java or Go. Chaincode initializes and manages ledger state through transactions submitted by applications, its basic principle is to separately encode each component. A chaincode typically handles business logic agreed to by members of the network, so it is similar to a “smart contract”
There are a number of consensus protocols presents hence it can be tailored accordingly for the different use cases. It serves to generate an agreement on the order and to confirm the correctness of the set of transactions constituting a block.
Hyperledger fabric assigns network roles by node type. To provide concurrency and parallelism to the network, transaction execution is separated from transaction ordering and commitment. Executing transactions prior to ordering them enables each peer node to process multiple transactions simultaneously. This concurrent execution increases processing efficiency on each peer and accelerates delivery of transaction to the ordering service.
Hyperledger implements a modular architecture to provide functional choice to network designers. Specific algorithms for identity, ordering and encryption can be plugged into any Hyperledger Fabric Network.
Developed solution for http://winesty.com for Wine supply chain .
Developed a in house project for track and trace of pharmaceuticals
Worked with Tata Group and Indian Government for track and trace of shrimp.
Worked on first ever chaincode based wallet on hyperledger with elamachain to build a Hyperledger Based Wallet.
Developed a Solution for Electronic Health Record on Blockchain with stellar Blockchain Integration for payments.
The amount of data that automotive industry players must keep track of is exploding, from parts suppliers and manufacturers to customers and safety regulators. Hyperledger fabric can help build efficiency, transparency, and trust with a shared, permissioned record of ownership, location and movement of parts and goods. And the versatility of blockchain records makes them perfect for keeping up with innovative new business models.
Foster greater trust and collaboration across the global supply chain with real-time, universal insights into products and processes. Shopper confidence grows in aisles and online as blockchain verifies the authenticity and safety of goods. Retail supply chain participants can better ensure they’re trading in ethically-sourced goods to meet emerging consumer demands. Retailers can promote products, earn loyalty and gain insights into consumer preferences in entirely new ways.
Provides solution to increasing fraud in entertainment, media and advertisement. Restores transparency in media, entertainment and advertising via Hyperledger Blockchain, it addresses trust, control and arbitrage concerns.
Streamlining clinical data across various organizations, Blockchain decentralized healthcare information, increasing data availability, efficiency, transparency and trust .
There are millions of moving parts in Travel and Transportation industry, like in the airline industry there are numerous B2B contract transactions occur between booking agents, air carriers, credit card companies and airports. The results often lead to complexity, error or transaction issues. But when all parties use the same data in a blockchain environment, common information visibility and sharing can eliminate inconsistencies.
Bring transparency, simplicity and efficiency to every financial transaction. Creating an ecosystem of trust designed to expand beyond regional or geographic boundaries. Quickly processes document transactions, faster cross-border payment and transactions.
The directions in which blockchain technology is evolving, healthcare holds a prominent position. And there are a number of good reasons for its prominence. Companies in health care and other industries are already testing waters and developing solutions on Blockchain.Learn More
This article series consists of two parts. In Part 1, I will provide you a shell script to automate the task of connecting up multi-org network on hyperledger fabric with hyperledger composer. In Part 2, I will provide you a shell script to deploy and update composer network on a fabric multi-organization network.Learn More
The sole purpose of the article is to analyze the key differences between Distributed Ledger Technologies (DLT) namely Ethereum, and Hyperledger Fabric. Both frameworks are suited for very different visions in regards to their fields of application. Hyperledger Fabric provides a customizable and extendable architecture that may be used in diverseLearn More