Hyperledger Fabric

Hyperledger Fabric

Hyperledger Fabric is an open source enterprise-grade permissioned distributed ledger technology (DLT) platform, designed for use in enterprise contexts. It allows for the deployment of decentralized networks and applications with modular architecture, privacy, and scalability.
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blockchain enterprise permissioned distributed-ledger modular private scalable

Hyperledger Fabric: Open Source Enterprise-Grade DLT Platform

Hyperledger Fabric is an open source enterprise-grade permissioned distributed ledger technology (DLT) platform, designed for use in enterprise contexts. It allows for the deployment of decentralized networks and applications with modular architecture, privacy, and scalability.

What is Hyperledger Fabric?

Hyperledger Fabric is an open source enterprise-grade permissioned distributed ledger technology (DLT) platform. It was originally contributed by IBM and Digital Asset and has seen contributions from many organizations since. Hyperledger Fabric allows organizations to set up decentralized networks and applications with a modular architecture.

Some key features and characteristics of Hyperledger Fabric include:

  • Permissioned network - Organizations need approval to join the network, providing verified identities.
  • Privacy through channels - Transactions are shared only between the organizations in a channel, separating networks and providing confidentiality.
  • Smart contracts - Called chaincode in Fabric, these programmable transaction logic enables complex interactions.
  • Consensus flexibility - Pluggable consensus algorithms like Solo, Kafka, Raft allow flexibility.
  • Highly scalable - Can achieve high transaction throughput and low latency on a large network.
  • Modular architecture - Components like membership services, ordering services, policy managers are plug-and-play.

Hyperledger Fabric has become popular for enterprise blockchain use cases especially in banking, supply chain, and pharma. Competing platforms include Hyperledger Besu, R3 Corda, and Quorum.

Hyperledger Fabric Features

Features

  1. Modular architecture
  2. Permissioned network
  3. Privacy through channels
  4. Smart contract support
  5. Pluggable consensus protocols
  6. Highly scalable

Pricing

  • Open Source

Pros

Highly modular and configurable

Enterprise-grade security and permissions

Preserves data privacy through channels

Supports popular smart contract languages

High scalability and performance

Cons

Complex setup and management

Limited support for public networks

No native cryptocurrency

Limited adoption so far


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Insolar

Insolar is an open-source enterprise-grade blockchain platform designed to address the key challenges faced by blockchains for business use - scalability, security and performance. It aims to enable seamless and trusted interactions between companies, allow building digital assets and decentralized applications, and facilitate trusted data exchange.Some key features of Insolar...
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