Hyperledger is a distributed, open-source framework or database having blockchain as is underlying technology. It uses smart contract application on ventures and enterprises. This is called blockchain based Smart Contracts. The cynosure of the Hyperledger is to propel cross-industry joint effort by creating blockchains and shared records with an aim of unwavering quality and execution of the blockchain. The Hyperledger is developed with the sole aim of supporting open source protocols and standards over enterprises and acts as an intermediary for decentralized digital networks.
Some of the enterprise blockchain frameworks hosted with Hyperledger are:
Hyperledger Burrow
It offers the blockchain client a smart contract interpreter developed solely to match the EVM (ethereum virtual machine) specifications.
The fabric is being used for easy implementation of blockchain technology as a base for creating other blockchain solutions or applications.
Hyperledger Sawtooth
Sawtooth is a blockchain platform used primarily for building, deploying and operating distributed databases. These databases are versatile and scalable.
Hyperledger Indy
Indy is a distributed database that offers specific components for developing and utilizing blockchain based digital identities.
Hyperledger Iroha
Iroha is a blockchain framework developed for simplified integration of infrastructure projects that need DLTs (distributed ledger technology).
Features of Hyperledger Blockchain Solutions
A Myriad of Network Platform
Hyperledger consists of a wide array of network platforms namely Hyperledger Fabric, Burrow, Iroha, and Sawtooth. These network platforms help bolster enterprises to access ledger data, integrate applications to blockchains and oversee transactions.
Improved Accuracy
Hyperledgers is developed on the open-source platform to achieve higher accuracy and improved security and thus, is less prone to manual errors in the transactions happening in the blockchain.
Open Source Security
Created and maintained by the Linux Foundation, Hyperledger aims at creating open source blockchain and its related tools for high-grade security and reliability.
Transparency and scalability
Hyperledger offers distributed database called Smart Contracts. These contracts are the core of transparency and scalability in private business contracts.
Oodles Blockchain is best known for converting ideas into real-world applications that are reliable and scalable. We develop hyperledger blockchain solutions following a process that we have created after gaining expertise in building high-quality, scalable distributed applications and customized protocols.