Introduction to Hyperledger and its different Framework

Introduction to Hyperledger and its different Framework

Posted By : Shubham Singh | 28-Feb-2020

Hyperledger is an collaborative efforts done to advance cross-industry blockchain technologies.It is hosted with global collaboration by The Linux Foundation 

Components of Hyperledger Frameworks:
Hyperledger frameworks are used to build enterprise blockchains for consortium of organisations.The component that the Hyperledger framework include are:

  • A distributed ledger
  • A consensus algorithm for ordering and transaction in the ledger
  • Smart contracts to process transaction requests.
  • Privacy of transactions through permissioned access

Hyperledger Framework :
 

1.Iroha

Hyperledger Iroha is designed for simple creation and management of digital assets ,identity, and serialized data.  This is a distributed ledger of transactions. This can be useful for building the  applications such as central bank digital currencies,interbank settlement,national IDs, payment systems and logistics, among others.Hyperledger Iroha is a blockchain framework contributed by Soramitsu, Hitachi, NTT Data, and Colu.

2.Sawtooth

Hyperledger Sawtooth is a blockchain framework  contributed by Intel, that utilizes a modular platform for building, deploying, and running distributed ledgers.Distributed ledgers are shared databases with the unique feature so that it did not rely on a central authority or intermediary
Hyperledger Sawtooth is used to build  distributed ledger solutions that can utilize various consensus algorithms based on the size of the network. It uses the Proof of Elapsed Time (PoET) consensus algorithm by default.

3: Fabric

Hyperledger Fabric is a blockchain framework that is used for developing applications/solutions with a modular architecture which  allowed components, such as consensus and membership services that can be directly plug-and-play. To host smart contracts called “chaincode”,Hyperledger Fabric leverages container technology that comprise the application logic of the system.

4.Burrow

Hyperledger Burrow is a complete single-binary blockchain framework focussed on simplicity, speed, and developer ergonomics.
Hyperledger Burrow operates as a permission able  Ethereum smart contract blockchain node. The main purpose of it is to execute the Ethereum smart contract programming code on a permissioned virtual machine.

5.Indy

Hyperledger Indy is a blockchain framework that  has been developed to add an Identity layer to the Internet using a mechanism that is easy to use, enables online trust and enhances privacy. Hyperledger Indy is a distributed ledger, that purposely builted for only decentralized identity. It has been provided with libraries,reusable components and tools that can be used for creating and using independent digital identities rooted on blockchains or other distributed ledgers so that can be interoperable across administrative applications and domain.

About Author

Shubham Singh

Shubham working as Java Developer. He is always ready to face new problem and keen to explore new technologies. He has knowledge of Java,HTML,CSS, JavaScript. He likes to work with full dedication and coordination.

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