Hyperledger Fabric

Hyperledger Fabric is a widely used private blockchain, primarily in enterprise settings to make transactions between multiple businesses more efficient. It has a modular design that enables five core functionalities:

  • Can define asset types and consensus protocol.
  • Can set permission on who can join the network.
  • Nodes are divided into two: Peer nodes to execute and verify transaction and Ordering nodes to order and propagate transactions in a chronological order.
  • Ledger consist of a database of the current state and a log of transactions stores as a blockchain.
  • Assets are added, updated, and transferred using chaincode.

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