{"id":2041,"date":"2023-11-07T02:41:23","date_gmt":"2023-11-07T02:41:23","guid":{"rendered":"https:\/\/matob.web.id\/random\/?p=2041"},"modified":"2023-11-07T02:41:23","modified_gmt":"2023-11-07T02:41:23","slug":"hyperledger","status":"publish","type":"post","link":"https:\/\/matob.web.id\/random\/hyperledger\/","title":{"rendered":"What is Hyperledger Technology?"},"content":{"rendered":"<p>Hyperledger is a global enterprise blockchain project that offers the\u00a0necessary\u00a0<em>frameworks<\/em>\u00a0, standards, guidelines, and tools to build open source based blockchains and related applications for use in various industries.<\/p>\n<p>The <a href=\"https:\/\/matob.web.id\/random\/technology\/hyperledger\">Hyperledger<\/a> project includes a variety of enterprise-enabled blockchain platforms,<\/p>\n<p>where network participants know each other and therefore have an intrinsic interest in participating in the consensus-building process.<\/p>\n<p>Using the components available under the Hyperledger umbrella, a business can implement a variety of modular blockchain solutions and services to significantly improve the performance of their operations and the efficiency of their business processes.<\/p>\n<h2><strong>Types of Hyperledger Technology Infrastructure<\/strong><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-2044 aligncenter\" src=\"https:\/\/matob.web.id\/random\/wp-content\/uploads\/sites\/2\/2021\/12\/Hyperledger.jpg\" alt=\"Hyperledger\" width=\"768\" height=\"343\" title=\"\"><\/p>\n<p>Basically, Hyperledger is not an organization, a cryptocurrency network, or a blockchain system.<\/p>\n<p>It does not support cryptocurrencies such as bitcoin, but works by providing the infrastructure and standards needed to develop various blockchain-based systems and applications for industrial use.<\/p>\n<p>Hyperledger can be said to be like a hub, where various individual <a href=\"https:\/\/matob.web.id\/random\/technology\/benefits-of-blockchain-advantages-and-disadvantages\/\">blockchain<\/a> based projects and tools that adhere to a defined design philosophy operate under its umbrella.<\/p>\n<p>These projects include the following:<\/p>\n<ul>\n<li>Hyperledgers Fabric is a platform for building blockchain-based products, solutions and applications for business use.3<\/li>\n<li>Hyperledger Cello enables blockchain to be deployed through an on-demand \u201cas-a-service\u201d deployment model (Blockchain-as-a-Service).4<\/li>\n<li>Hyperledger Explorer is a dashboard utility that allows monitoring, searching, and maintenance of blockchain developments and related data.<\/li>\n<li>Hyperledger Burrow is an Ethereum authorized smart contract blockchain node that handles transactions and executes smart contract code on the Ethereum Virtual Machine (EVM).6<\/li>\n<li>Hyperledgers Sawtooth is an enterprise-grade, permissioned, modular <a href=\"https:\/\/matob.web.id\/random\/technology\/blockchain-layer-2\/\">blockchain platform<\/a> that uses the innovative Proof of Elapsed Time consensus algorithm.<\/li>\n<li>Hyperledgers Caliper is a blockchain benchmark tool used to evaluate the performance of a particular blockchain implementation<\/li>\n<\/ul>\n<p>All of the above projects underpinned by Hyperledgers technology follow a design methodology that supports a modular and extensible approach, interoperability, and security features.<\/p>\n<p>Projects remain agnostic to specific tokens or cryptocurrencies, although users can create them as needed.<\/p>\n<h2><strong>Hyperledger Technology Layer<\/strong><\/h2>\n<p>In terms of architecture, Hyperledger uses the following key business components:<\/p>\n<ul>\n<li><em>Consensus Layer<\/em>\u00a0: handles the creation of deals on orders and confirms the correctness of the set of transactions that constitute a block.<\/li>\n<li><em>Smart Contract Layer:<\/em>\u00a0responsible for processing transaction requests and only allows valid transactions.<\/li>\n<li><em>Communication Layer:<\/em>\u00a0handles peer-to-peer message transport.<\/li>\n<li><em>Identity Management Service Layer:<\/em>\u00a0functions required to maintain and validate user and system identities and build trust in the blockchain.<\/li>\n<li><em>Application Programming Interface (API):<\/em>\u00a0allows external applications and clients to interact with the blockchain.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Hyperledger is a global enterprise blockchain project that offers the\u00a0necessary\u00a0frameworks\u00a0, standards, guidelines, and tools to build open source based blockchains and related applications for use in various industries. The Hyperledger project includes a variety of enterprise-enabled blockchain platforms, where network participants know each other and therefore have an intrinsic interest in participating in the consensus-building [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-2041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/posts\/2041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/comments?post=2041"}],"version-history":[{"count":0,"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/posts\/2041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/media\/2045"}],"wp:attachment":[{"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/media?parent=2041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/categories?post=2041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matob.web.id\/random\/wp-json\/wp\/v2\/tags?post=2041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}