Hyperledger focuses on the development of a set of frameworks, libraries and tools that support the seamless building of blockchain-based distributed ledgers. It’s an open source blockchain technology that powers the development of decentralized applications. It includes multiple enterprise-ready permissioned blockchain platforms where participants of the network know each other and have a common interest in participating in group decisions.

How Can Your Business Benefit From Hyperledger?

Hyperledger is an open-source blockchain framework with a modular architecture, allowing the creation of custom blockchains and blockchain-related services.

The components available under Hyperledger allow businesses to apply various modular blockchain solutions to better the performance of their operations and improve the efficiency of their business processes.

HYPERLEDGER APPLICATIONS BY INDUSTRY

Healthcare:

Provides a single, self-contained database for sensitive patient information, in real-time. In a permissioned environment, it securely shares data with specified network members.

Internet-of-Things:

Integration of Hyperledger on a ready-built IoT platform can help in storing data from linked devices on a falsification ledger.

Supply chain:

It improves traceability and transparency across supply chains with real-time access to reliable and actual data at every point of transportation flow.

Real estate:

Hyperledger helps in setting up a decentralized database for landowners to track land titles and record data about every transaction in a permission-based network with guaranteed confidentiality.

Retail:

Hyperledger-based smart contracts automate operations and prevent counterfeiting by ‘tagging’ things with cryptographically secure IDs and remove data fragmentation in omnichannel commerce.

Automotive:

By combining Hyperledger solutions with IoT, you can track vehicle ownership, collect and analyze meaningful vehicle and driver data and promptly detect defective parts for more effective maintenance.

Legal:

It ensures that contracts and other processes are executed and audited without the involvement of humans, and records legal agreements and evidentiary documents on an immutable, privately accessible ledger.

TOP HYPERLEDGER DEVELOPMENT PLATFORMS/FRAMEWORKS

Hyperledger Besu:

Hyperledger Besu is an open-source framework based on Ethereum. Designed to work with an Ethereum public network and private networks, it provides comprehensive permission functionality for consortium usage.

  • Smart contracts manage the permissioned network infrastructure
  • JSON-RPC calls ensure update permissions for authorized users
  • Updated IBFT consensus algorithm for faster transaction handling
  • On-chain markers for off-chain transactions prevent double spend
  • Possibility to set multi-company access to shared private data
  • Scalability ensured by top-tier Java, cloud, and Ethereum tools
Hyperledger Fabric:

Hyperledger Fabric is an open-source platform for developing privacy-focused enterprise applications. It supports smart contracts, or “chain codes”, written in public languages (Golang, JavaScript, Java, and others).

Using Fabric we can create permission networks for enterprises. Development using fabric requires identification of peers, user interfaces and data visibility for different peers.

How Hyperledger Fabric Works

  • Modular design for connecting custom functionalities to the network
  • Permission network assigns individual roles based on the node type
  • Peer nodes can batch and process multiple transactions simultaneously
  • Membership identity service manages user IDs and validates members
  • Access control lists provide authorization for specific network operation
  • Both businesses and the network can customize consensus protocols
Hyperledger Iroha:

Hyperledger Iroha is a DLT-based blockchain framework for identity management. With YAC consensus algorithm support, it guarantees high network performance along with a low waiting time for transaction completion.

Hyperledger Iroha is implemented for the business use case in finance and identity. It  is a better choice for financial industry use cases.

How Hyperledger Iroha Works

  • The system allows creating and managing custom fungible assets
  • Account classification depends on the domain where it registered
  • Data sharing (such as transactions and KYC procedures) across the network
  • Verification of user permissions to perform transactions and queries
  • Validation of transaction and query business rules within the system
  • For shared accounts, transaction multisig is required for the execution
Hyperledger Sawtooth:

Hyperledger Sawtooth is an enterprise blockchain platform for building applications for public and private blockchain networks. The architecture allows for multiple transactions and consensus types’ existence on the same network.

It  is a good option for IoT and hybrid applications. Developing transaction families for use cases, a POC can be built and a working prototype can be delivered.

How Hyperledger Sawtooth Works

  • Modular structure for building networks with custom policy and rules
  • Separate permissions for different groups of network nodes
  • Advanced parallel scheduling for running transactions in parallel flows
  • Native business logic and smart contract-based VMs support
  • Event system for creating and broadcasting events on the network
  • Proof of Elapsed Time (PoET) consensus algorithm support
Hyperledger INDY:

Hyperledger Indy allows creating self-sovereign digital identities on a blockchain, interoperable across siloed entities — domains, applications and others. It provides users with full control over their ID data, including its storing and sharing.

Implementation of  Hyperledger Indy can be done for creating independent digital identities rooted on blockchains or other distributed ledgers for interoperability.

How Hyperledger Indy Works

  • A platform for the user-managed exchange of verifiable claims about identifiers
  • Decentralized identifiers enable non-centralized, persistent digital identities
  • Sensitive data broadcasting through cryptography-backed p2p connections
  • Support for zero-knowledge proofs (ZKPs) preserving ID data leaks
  • Compatibility with third-party distributed ledgers and their standards
  • Dynamic detection of previously undefined claims through claim schemas

Hyperledger Development  Tools For Effective Framework:

Hyperledger Cello:

Hyperledger Cello aims to reduce the effort required for creating, managing and terminating blockchains.

Hyperledger Composer:

Hyperledger Composer is a collaboration tool for building blockchain business networks, accelerating the development of smart contracts and their deployment across a distributed ledger.

Hyperledger Explorer:

Hyperledger Explorer can view, invoke, deploy or query blocks, transactions and associated data, network information, chain codes and transaction families, as well as any other relevant information stored in the ledger.

Hyperledger Caliper:

Hyperledger Caliper measures the performance of a specific blockchain implementation with a set of predefined use cases

Hyperledger Quilt:

Hyperledger Quilt offers interoperability between ledger systems by implementing ILP.

Hyperledger Blockchain Development Services By Brugu

Brugu has a rich portfolio of in-demand Hyperledger-based projects, including OLWay, Centaur Internet-of-crops platform and others. We provide solutions that make the most of this blockchain framework, as per your requirements. 

Brugu delivers quality products in Hyperledger development supply chain, identity management and transportation industries. The  reasons to close a deal with Brugu are:

  • Our Hyperledger developers and blockchain experts can help build dApps faster and risk-free
  • Brugu has a proven track record of successful Hyperledger-powered projects developed for various industries and verticals. We work with the software that creates personalized blockchain services
  • Brugu builds and runs fast, scalable, and secure Hyperledger blockchain solutions, meeting your enterprise needs and strategic business goalsWe have worked on hybrid projects with the Hyperledger Fabric and Sawtooth framework. With the content stored on IPFS and CDN, hosting infrastructure on AWS and IBM Bluemix, we have developed over a dozen blockchain applications for enterprises

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