Today's business peoples are increasingly interested in the latest blockchain technology due to its promise of enhanced efficiency and cost reduction. Yet, they can’t use the approval-less public blockchains because of lack of privacy, low scalability, and low transaction throughput.
Most of the businesses need enterprise blockchains, and Hyperledger Fabric is progressively looking like the best option for them.
In this article, We explain What is Hyperledger Fabric? & Why Hyperledger Fabric for blockchain is important to your business and how to build your own Hyperledger fabric application?.
Let's start!
Table of Contents:
What is Hyperledger Fabric?
In Simple terms:
Key technical features:
It‘s the latest platform used to build enterprise blockchains. It‘s one of the most important projects developed by the Hyperledger Consortium. The consortium is the development of enterprise blockchains.
Linux Foundation leads this foundation, which was launched in 2016 and counts multiple prestigious companies among its members. A few of the members are IBM, Intel, CISCO, SAP, Daimler, American Express & more...
High-level objectives of the Hyperledger Consortium are the following:
Hyperledger Fabric, also called ’Fabric‘, is an open source framework to implement permission blockchains(Private blockchain). Digital Asset and IBM were the two companies that built the starting version of Fabric.
Benefits of Hyperledger Fabric:
Now You can build your business enterprise blockchain project using Fabric, where you can benefit from the following features:
If you are interested in learning more about Hyperledger Fabric’s transactional flow mechanics,
