What is Hyperledger?

Hyperledger is an open source project created to support the development of blockchain-based distributed ledgers. Hyperledger consists of a collaborative effort to create the needed frameworks, standards, tools and libraries to build blockchains and related applications.

Since Hyperledger's creation by the Linux Foundation in 2016, the project has had contributions from organizations such as IBM and Intel, Samsung, Microsoft, Visa, American Express and blockchain startups such as Blockforce. In all, the collaboration includes banking, supply chain management, internet of things (IoT), manufacturing and production-based fields.

Hyperledger acts as a hub for different distributed ledger frameworks and libraries. With this, a business could use one of Hyperledger's frameworks, for example, to improve the efficiency, performance and transactions in their business processes.

Hyperledger works by providing the needed infrastructure and standards for developing blockchain systems and applications. Developers use Hyperledger Greenhouse (the frameworks and tools that make up Hyperledger) to develop business blockchain projects. Network participants are all known to each other and can participate in consensus-making processes.

Hyperledger-based technology works using these layers:

  • A consensus layer, which makes an agreement on order and confirms if the transactions in a block are correct.

  •  A smart contract layer, which processes and authorizes transaction requests

  • A communication layer, which manages peer-to-peer (P2P) message transport.

  • An API, which allows other applications to communicate with the blockchain.

  • Identity management services, which validates the identities of users and systems.


Some of Hyperledger tools and projects

  • Hyperledger Iroha: A blockchain framework used to integrate with existing networks. Iroha has a modular design, control-based access, access to many libraries, as well as asset and identity management. It is used in fields such as financial services, healthcare and education.

  • Hyperledger Indy: A framework made for decentralized identities. It comes with components, tool sets and libraries. It also includes self-sovereignty, which securely stores all identity-based documentation.

  • Hyperledger Besu: An open source Ethereum codebase that can run on private permissioned platforms or the Ethereum public network. It features the Ethereum Virtual Machine (EVM), consensus algorithms, user-facing APIs and monitoring.

  • Hyperledger Caliper: A blockchain benchmark tool. Caliper is used to evaluate the performance of blockchain implementations. However, it doesn't come with predefined standards because blockchain implementations may all require different sets of standards.

  • Hyperledger Explorer: A dashboard utility tool that allows a user to monitor, search and maintain blockchain and related data. With it, an organization can check nodes, blocks, transactions and smart contracts. It also allows users to make code changes.

  • Hyperledger Cello: A blockchain-as-a-service toolkit used to create, terminate and manage blockchain services.

  • Hyperledger Burrow: A permissioned Ethereum smart contract blockchain node. This handles transactions and smart contract code execution on the EVM.


Industries That Use Hyperledger

  • Manufacturing

  • Banking and Finance

  • Shopping

  • Healthcare

  • Automobile

  • Transportation


Process that QueryFinders Follows:

1. Requirement Gathering

Requirement Gathering is the first and very important part of our mobile app development process.

2. Planning & Design

After designing, the prototype of your app gets ready which is sent for development then.

3. Prototype

After designing, the prototype of your app gets ready which is sent for development then.

4. Development

The Development gets started on the preferable platforms with complete transparency.

5. Testing

After designing, the prototype of your app gets ready which is sent for development then.

6. Deployment

Your app is ready to appear on the App store or Play store on this stage of Development.

7. Support & Maintanance

After designing, the prototype of your app gets ready which is sent for development then.


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