Hyperledger framework – business blockchain technology

Let's look at a few of the Hyperledger frameworks:

  • Hyperledger Burrow: A modular blockchain client with a permissioned smart contract interpreter built in to part to the specification of the Ethereum Virtual Machine (EVM)
  • Hyperledger Indy: A distributed ledger, purpose-built for decentralized identity
  • Hyperledger Sawtooth: This comes with a novel consensus algorithm, Proof of Elapsed Time (PoET), which targets large distributed validator populations with minimal resource consumption
  • Hyperledger Iroha: A business blockchain framework designed to be simple and easy to incorporate into infrastructural projects requiring distributed ledger technology
  • Hyperledger Fabric: This intended to be a foundation for developing applications or solutions with a modular architecture, since Hyperledger Fabric allows components, such as consensus and membership services, to be plug-and-play

The Linux Foundation Hyperledger Fabric has value-added enterprise ready functionality such as:

  • Permissioned membership
  • Performance, scalability, and levels of trust
  • Data on a need-to-know basis
  • Rich queries over an immutable distributed ledger
  • Modular architecture supporting plug-in components such as security and identity
  • Protection of digital keys and sensitive data

IBM extends this functionality with tools such as Hyperledger Composer to manage membership with automation, scripting, usage at scale (high availability architecture), new release management when updates are available from Hyperledger with automation and version control, and optimization.

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