Hyperledger is an open-source project created to support the development of blockchain-based distributed ledgers. It uses Smart Contract application on enterprises and ventures.
Hyperledger Fabric is a permissioned distributed ledger that is intended for developing applications with its modular and versatile architecture. It focuses on the development of enterprise-grade applications and offers a unique approach to a consensus that enables performance without compromising privacy.
We provide the following benefits with our Dapps development service :
- Can define asset types and consensus protocol
- Can set permissions on who can join the network
- Ledger consists of a database of the current state and a log of transactions
- Assets are added, updated, and transferred using chaincode
One of the best uses of Hyperledger Fabric is in Manufacturing and Supply Chain management.