Benefits, Architecture, Tools and Use Cases of Hyperledger Projects

Posted by Oodles Technologies on October 23rd, 2019

While entering the distributed ledger technology domain, it is unlikely that you don’t get to hear about open source Hyperledger projects. Maintained by the Linux Foundation, they mainly assist in solving the industry-level operational challenges.

Hyperledger: For Enterprise Blockchain Solutions

Although blockchain applications provide diverse industry solutions, they don’t fit everywhere. As different organizations have different requirements to satisfy their needs, blockchain cannot serve as a single system. But, Hyperledger provides frameworks and tools to develop blockchain solutions with specific functionality and business rules for every industry’s needs.

With Hyperledger Projects Companies Avail These Benefits 

Accelerated development

Collaborative environment with clear communication channels reducing research burden for coding or development and enabling quick development of a solution

Improved productivity

Hyperledger greenhouse effect that encourages the use of collaborative research to create more value and productivity

Collaborative Method

Collaboration as the priority to avoid the chance of duplication and streamline the overall development. encourages the entire community to work together to achieve interoperability

Better Intellectual Property Handling

Greenhouse architecture consisting of Apache 2.0 license of code and Creative Commons Attribution 4.0 International license to ensure more consistent care of the intellectual property. Both of these licenses safeguard intellectual property and ensure compliance regulations.

We are all living in the digital era where everything is connected. In both personal and business life, people demand to stay connected all the time. However, it requires a private, secure, and trustworthy environment, which Hyperledger projects provide efficiently. It is significant, as we also sense from this post, Hyperledger brings creativity and ease-of-use where blockchain and DLTs are solutions for future needs.

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