Hyperledger Fabric Development

The business use case is assessed and the blockchain potential for a specific case is identified. The consulting team identifies how Hyperledger Fabric can benefit your business solution and if the existing solution can be integrated with Fabric infrastructure.

Smart Contracts are called as “chaincodes” in Hyperledger Fabric Platform. Chaincodes are required to develop asset definitions, business contracts and decentralized applications on Hyperledger Fabric.

More focus on innovation instead of infrastructure management with deployment of Fabric Peer Node, chaincodes, certificate authority and node.js/angular user interface app on Blockchain as a Service Platforms like Amazon Managed Blockchain and Azure Blockchain Service.

Hyperledger Fabric Peer Nodes, Chaincodes, Certificate Authorities and Node.js/Angular user interfaces can also be created and deployed using Hyperledger Fabric’s infrastructure management.

Smart contracts known as “chaincodes” in Hyperledger Fabric is a computer code invoked by a client application that manages access and modification to the information stored on the blockchain.

Hyperledger Fabric Certificate Authority is the Certificate Authority component that issues PKI-based certificates to network member organizations and users.

Ordering service defines the order of transactions in a block. Being independent of peer processes, the service orders transaction on a first-come-first-serve basis on the network.

Channel is a private blockchain overlay that enables confidentiality and data isolation and a ledger respective to the channel is shared across the peers to authenticate transacting parties.

Hyperledger Fabric is a full-fledged permission system that enables to choose who can access the blockchain and what information they can access using Membership Service.

Fabric framework can support multiple programming languages, including Node.JS, Go and Java. Chaincodes can be written in any of these languages.

Fabric uses a consensus mechanism called “Kafka Orderer” offering a throughput of over 1000 transactions per second. In case you don’t trust nodes, another consensus mechanism that has BFT can be plugged in.

Since B2B contracts contain sensitive business information, Fabric’s membership service ensures no unauthorized user can access it.

With document digitization on Hyperledger Fabric, intermediaries can be eliminated from the system thereby reducing costs and shortening the settlement time from days to a few hours.

Using Hyperledger Fabric platform, the transparency can be experienced across the supply chain that establishes the authenticity and credibility of assets within the chain.