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Hyperledger Fabric

Educative Answers Team

Hyperledger is an open-source consortium for developing business blockchain technologies; it is hosted by the Linux Foundation. Within the greenhouse, diverse global communities collaboratively develop open-source projects that uniquely approach enterprise blockchain challenges. These technologies can cross-pollinate and inter-operate just like how the communities driving these projects collaborate in an open and neutral environment.

From: hyperledger.org
From: hyperledger.org

Hyperledger Fabric

Hyperledger Fabric is a distributed ledger platform targeting enterprise applications. Its main characteristics are:

1. Modularity

Modular programs can usually be disintegrated into independent components. Similarly, Fabric provides plug-and-play components for consensus algorithms and membership services.

2. Privacy

Members of blockchain networks sometimes maintain private relationships. In such relationships, businesses need some of their data to remain private; therefore, the secure nature of Fabric supports private transactions and confidential contracts. This is achieved by eliminating the need for a central authority while managing obligations that are confidential between only two members. This way, members that aren’t in an agreed-upon party of a transaction won’t see it in their ledger.

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blockchain
bitcoin
linux foundation
business
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