What Is Hyperledger Development?
Hyper ledger Development is an open-source collaborative effort created to advance cross-industry blockchain technologies.
It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, the Internet of Things, supply chains, manufacturing, and Technology.
Hyperledger is a distributed, open-source ledger or framework based on Blockchain technology that uses smart contract applications on enterprises and ventures.
This is called Smart Contracts. The cynosure of the Hyperledger is to advance cross-industry collaboration by creating blockchains and distributed ledgers with the main aim of improving the reliability and performance of the blockchain.
The various projects of Hyperledger include the following:
- Hyperledger Fabric – a platform for building various blockchain-based products, solutions, and applications for business use
- it Composer – a set of tools that allows users to easily build, test, and operate their own blockchain
- Hyperledger Cello – allows blockchain to be used through an on-demand “as-a-service” deployment model (Blockchain-as-a-Service)
- it Explorer – a dashboard utility that allows for the monitoring, searching, and maintenance of blockchain developments and related data
- Hyperledger Burrow a permissioned Ethereum smart contract blockchain node that handles transactions and executes smart contract code on the EVM
- it Sawtooth – an enterprise-level, permission, modular blockchain platform that uses an innovative Proof of Elapsed Time consensus algorithm
- Hyperledger Caliper – a blockchain benchmark tool that is used to evaluate the performance of a specific blockchain implementation