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QLDB Vs Hyperledger: A Detailed Comparison

QLDB Vs Hyperledger A Detailed Comparison

It’s 2022, and an increasing number of organizations are eager to incorporate blockchain into their operations in order to benefit from massive growth.

Undoubtedly, blockchain has the potential to transform every sector present in today’s world. Let’s talk about the very popular Hyperledger blockchain that is enormously popular among enterprises from start-ups, small businesses, mid and large-sized companies. On the other hand, Amazon always tops the list when it is about any technological advancements. While blockchain was becoming a robust database by storing data in its distributed ledger, Amazon, being the tech giant, realized that businesses can’t just use a decentralized database as they need to protect their private data as well. That is why they came up with AWS QLDB. In today’s guide, we will learn about this blockchain platform and also how it differs from Hyperledger blockchain. 

A Detailed Guide on Amazon QLDB 

To define it, Amazon QLDB is a fully managed ledger database that provides an unchanging, transparent, and cryptographically variable transaction log owned by a central trusted authority. A user can use QLDB to track every application and maintain the total history of all the changes made. An advanced blockchain course will give you a detailed idea of how to use the QLDB platform to maintain the privacy of a business.

The Best Features of Amazon QLDB are: 

  • Almost everyone is familiar with Amazon. Therefore businesses are choosing this platform based on the factors of credibility, trust, and authenticity.
  • Another great part of using QLDB is that this platform is centralized. So it provides an unmatched security factor. 
  • By using QLDB you will have access to a growing population of blockchain developers who are already working on the applications that you will need in the future. Plus, if you want to learn blockchain development on your own so that you can handle the platform in a better way, lots of courses are available there too. 
  • As per the proven track record, Amazon’s customer service skills are better than average platforms. So, you will have more support whenever you need any help. 
  • Finally, speaking of the recent time of writing, Amazon’s worth is $1.7 trillion, so chances are high that your business will be in good hands even if any costly mishap takes place. 

However, Amazon has a plan to levy cultural and political sway for any kind of business you do with them. It won’t be an issue if your ideas align with theirs. But, here’s an important point to keep in mind, the tech giant has a history of knocking off great services and products to allow counterfeit products on its marketplace. So, you need to be careful about your business objectives, products, and services before letting Amazon QLDB with central access to your data. Let’s get back to the details of the QLDB platform now. 

A Beginner’s Guide to QLDB Platform  

Just like other blockchain platforms, Amazon QLDB is a ledger-like blockchain that works for keeping a history of data. The use cases of this blockchain platform are mentioned below:

  • It is used to track the cryptocurrency and banking transactions 
  • Helps to track custody chains 
  • Provides transparent records of the transactions 
  • Maintains thorough and accurate claims for the insurance industry

What are the perks of using Amazon QLDB? 

Let’s think about how data was stored in a centralized until blockchain became so popular. With the rise of blockchain, there are two ways to store data: 

  • Making proper use of a centralized ledger lets you record all the logs and transactions. Many insurance companies, credit card industries, and supply chains widely use this centralized ledger. 
  • Secondly, the users can also use ledger technology on an open-source blockchain framework. 

The issue here is that none of the approaches are optimal for the current challenges of the blockchain industry. Cryptography and rational database can’t work together and that’s the biggest drawback here. Amazon QLDB is a centralized ledger-based database that is powered by a blockchain framework. It comes with a scope to properly deploy and configure a ledger-powered blockchain database. As a result, any organization can control both the stored and distributed data. There are more benefits like: 

  • QLDB maintains a verifiable history of changes 
  • It uses an immutable transactional log, also known as a journal, that tracks whenever an application changes any data
  • It is easy to use the QLDB platform because many experts developers are already familiar with this flexible document data model. If you want to become one of the experts, you have to learn blockchain technology and the development process from a renowned institute
  • The good news is that Amazon claims to offer total support for the transactions 
  • It provides a fast, real-time data flow
  • QLDB is a server-less platform and you don’t have to count ongoing energy costs
  • It seems to be affordable 

Let’s move on to the topic at hand, how is QLDB different from other platforms like Hyperledger?  But before discussing that, let’s learn about Hyperledger first. 

A Detailed Guide on Hyperledger 

Before we discuss what Hyperledger is, let’s look at what this project is not! Chances are high that with so many blockchain platforms available out there in the fintech industry today, you will get super confused. For your information, a Hyperledger is not: 

  • A company 
  • A blockchain 
  • A cryptocurrency

So, What Is It? 

Simply put, it is an umbrella project formed under the Linux Foundation. The ideology is that the near future will see the world have multiple private chains running separate markets and because every business is unique in itself, they need unique applications developed by personalized rules. 

In late 2015, a small number of developers started the project named Hyperledger blockchain. It contains libraries, distributed ledgers, domain-specific projects, and tools. This project aims at providing organizations with a customized way to adopt blockchain for their business. 

While comparing Amazon QLDB with the Hyperledger platform, you will realize that Hyperledger is an open-source project. They take a community approach to help businesses adopt blockchain.  While on the other hand, Amazon’s QLDB follows a closed-source approach, not necessarily bad though! After all, Amazon is a massive structure with countless affiliates and partners. Therefore, the tech giant is easily capable of providing cutting-edge technology and top-notch development to the users. 

 Amazon QLDB v/s Hyperledger Platform 

Parameters  Amazon QLDB  Hyperledger 
Ease of Use   Easier to use           A tech team is needed
Cost Expensive Cheaper 
Open-Source  No Yes 
Set-up  Easy process Complicated process
Support Quality  In-built support Complex process to provide it

While comparing QLDB with Hyperledger, it is clear that the Hyperledger blockchain is an open-source platform. The foundation behind it takes a community approach to building businesses adopting blockchain. On the other hand, Amazon’s QLDB takes a closed-source approach which is not necessarily wrong, it is just how Amazon wants to operate. Let’s move on to more comparisons between these two platforms: 

It Is Easier To Use QLDB 

QLDB offers a much easier scope of use. It provides an SQL-compatible query language and familiar database capabilities that help the developers to work with different data types and structures. If you want to learn about these data types in detail, learn blockchain technology from a reputable institution that offers advanced courses. 

Moreover, Amazon QLDB supports the document-oriented data model and enables a flexible way to access and store data. This is a huge advantage for the enterprises because they can store both structured, and semi-structured data easily. 

Another good news is that you don’t have to be a programmer if you want to work with QLDB. Any computer-savvy person can enter data and view the ledger and sort information. If you are accustomed to Quickbooks or Microsoft XL, you can easily handle QLDB. The setting-up process is easier too. Amazon has a good reputation for decent customer support, so that’s a relief too. 

Talking about Hyperledger, it doesn’t offer the users the same level of ease. You need a tech-savvy team or at least a dedicated employee with the certification of a blockchain course to use Hyperledger. Often that becomes an issue for small organizations. 

Open Source 

Currently, the whole blockchain industry is moving towards open-source because of the endless benefits. While comparing Hyperledger and QLDB, you will find that the Hyperledger project is managed by an open-source community.  The Linux Foundation is at the center of action here as they want to improve the business adoption of blockchain in the upcoming years. While on the other hand, QLDB is a closed-source approach. Looking at the whole picture, Hyperledger blockchain is the winner here. There are lots of benefits of an open-source blockchain project like flexibility, agility, cost-effectiveness, less maintenance cost, and much more. 

Hyperledger is Less Expensive 

Amazon QLDB follows the “pay as you use” approach. According to several online sources, a bookkeeping application developed for a medium-sized business cost somewhere between $50 and $100 monthly. So, it is quite reasonable when compared to high-end bookkeeping software. 

Please note that with QLDB, you can transfer all your data for free now. However, that might change as the platform attracts more and more users shortly. 

On the other hand, Hyperledger is free – you just have to pay for the dedicated staff who is running it for you. 

Use Cases 

Let’s focus on the use cases of both platforms now. Each of them has its enterprise blockchain use cases which will let you gauge the capacity of each platform. 

Hyperledger includes use cases like tools, libraries, distributed ledgers, and domain-specific use cases. Some of the most famous examples include supply chain management, training and education programs, smart energy management, streamlined supply chains, blockchain trade finance, etc. 

While moving on to the QLDB platform, it is quite versatile in its approach by offering a vast range of use cases like insurance, manufacturing, finance, retail, HR payroll, and supply chain. The QLDB can perform as a centralized ledger that stores critical information. For example, it can keep a track of bank accounts, loan details, debit and credit transactions, etc. With QLDB, enjoy the benefits like transparency, immutability, scalability, etc. 

The Set-Up and Support Quality 

Amazon QLDB is pretty easy to set up as you will have to download a QLDB driver and connect the application to the blockchain platform. This premium solution comes with an in-built support system. So, feel free to seek help from their support staff if you get into any problems. 

Moving on to the setting up procedure of Hyperledger blockchain is not easy! You will have to follow a series of steps to complete the process. However, when you are taking Hyperledger training, you will find a detailed tutorial to better understand the setup process. 

Being an open-source project, the Hyperledger platform is a bit more complex than the QLDB. You have to visit the Hyperledger support pages to get links to StackOverflow, chat rooms, community calls, and any way to communicate with other members who are using this technology.  

Doing Business with Amazon

Before you decide on choosing QLDB over Hyperledger, here are some facts you need to consider: 

  • Jeff Bezos controls nearly 40% of the e-commerce sales in the US where the competition is very high 
  • Amazon is trying to address the issue of its knocking-off the popular products on its eCommerce platform 
  • The Americans uses Amazon as a search engine over Google
  • Amazon follows B2B, B2C, and D2C business models. 
  • Amazon web services control almost 50% of the cloud-computing industry

So, now you know why Jeff Bezos is known as the most powerful man in American culture. 

Conclusion 

To sum it up, there is no doubt that both platforms come with a unique solution to different audience types. You have to base your decision on your unique needs from the blockchain solutions. If you are still curious about how they differ from each other, we recommend you to take up our blockchain course that will cover everything you want to know.

If you want to keep up with the trends of blockchain industry, join our communities on Discord, Reddit and Telegram.

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Hyperledger Vs Corda Vs Ethereum: A Detailed Comparison

Hyperledger Vs Corda Vs Ethereum A Detailed Comparison

Various businesses are now progressively using distributed ledger technology solutions. New-age distributed ledgers are powerful enough to improve the efficiency of small, midsize, and large businesses, transform the payments landscape, and open the businesses to potential opportunities. As a result, the employment industry will also witness a large pool of job openings. Do you wish to work in the burgeoning fintech industry? To grab a lucrative job in such a demanding marketplace, you need the right education, skill-sets, and authentic certification. Learn blockchain technology from a renowned training and development center and level up your career prospect.

However, before you start looking for the best course to learn, let’s take a moment and analyze some of the popular distributed ledger platforms at this moment. In this article, we present a brief overview of Corda, Ethereum, and Hyperledger. The point is to give you a hand with understanding the blockchain platforms, how they differ from each other, and what you will get from taking up a blockchain course. So, without much delay, let’s start the discussion.

 

Hyperledger Vs Corda Vs Ethereum

 

Before demystifying the battle of supremacy between these three platforms, it would be better to understand what they stand for. 

A Brief on Hyperledger

Contrary to popular beliefs, Hypergelder technology is neither a blockchain nor a cryptocurrency nor a company. In reality, it is an open-source hub that aims to support the industrial blockchain development process.

 You can think of it as a blockchain open-source collective effort that seeks to accelerate the cross-industry blockchain technology’s development. 

The team of Hyperledger Fabric 2.0 has confirmed that they won’t create a native cryptocurrency for the project. It is simply an initiative to create blockchain disseminated record applications. But just like the other blockchain platforms, Hyperledger also comes with smart contracts and a ledger where people can manage their digital transactions. 

Besides everything, Hyperledger Fabric also has multiple pluggable options. For example, it allows a user to store the ledger data in different formats. The participants can also create separate channels for a separate ledger of transactions. To know more about how these two platforms work, you can take up advanced blockchain technology courses exclusively designed for beginners. 

A Brief on Corda 

Corda vs. Hyperledger is yet another battle that has become very common among the tech-geeks. Both Corda and Hyperledger are making good use of the blockchain development and its use cases and trying to transform multiple industries. 

A brainchild of R3 (a distributed database company), Corda blockchain is an open-source platform that ensures easy management of shared data and legal contracts between manually trusting organizations. Corda helps a vast range of applications to interoperate on a single network. 

Corda started as a platform that enables services in the financial sector. With passing time, it has evolved and upgraded a lot and due to its increased functions and capabilities, became valuable for various industries. Various blockchain technology courses are available there to reveal how it transformed into what it has become today. 

As per the expert blockchain developers, this platform is still rising and securing its position in the financial sector. Corda has its edge over Hyperledger when it comes to benefiting financial sectors with its blockchain system. 

Corda Use Cases 

To better understand the differences between Hyperledger and Corda R3, it is a must that you note down the latter’s use cases. Mainly, Corda aims to assure the users that any service developed on it, is compatible with all the network participants. Corda enables the business to initiate a smooth transaction via smart contracts. 

Corda use cases also ensure high-security standards and that is why it continues to gain a secured place in the financial industry. In today’s era protecting people’s data is important. That is why the use of a blockchain platform like Corda is constantly growing in popularity. 

 

Another use case of Corda will be Corda Enterprise, a commercial distribution version of this platform that meets the new-gen business’s transaction-related demands. Corda Enterprise comes with a few unique features like 24/7 support, corporate firewalls, etc. The users can make the most of predictable release schedules along with the product management features. However, to understand how this platform differs from Hyperledger, let’s understand the key features first.  

Key Features of Corda

  • Corda R3 prevents all the unnecessary data sharing on the blockchain platform as only people with legit access and needs can participate on the network. 
  • The Corda blockchain platform enables data sharing in a network without the need to involve a central controller.
  • It allows the users to achieve consensus at the level of individual transactions rather than the entire system at large. 
  • This platform’s design comes with the supervisory observer and regulatory nodes. 
  • Corda blockchain also supports a vast range of consensus mechanisms.
  • This platform doesn’t have a native currency.
  • It is built on industry-standard tools.

  

A Brief on Ethereum  

Ethereum is a brainchild of Vitalik Buterin- this is the first definition that comes to mind while talking about this blockchain platform. To elaborate further, Ethereum is an open software application that seeks to provide blockchain developers with a framework to create decentralized applications. 

A decentralized application usually runs on a peer-to-peer network rather than a single device. Plus, this unique network exists on the internet and is not controlled by any single entity. 

Ethereum takes pride as the second largest market cap in the cryptocurrency world.  This popularity explains its edge in the Hyperledger Vs Ethereum Vs Corda battle. This particular blockchain project continues to capture the majority of investors’ interest due to its powerful decentralized applications. 

If you enroll in blockchain technology training to learn more about the Ethereum project, you will see how it seeks to empower us to ensure secure digital transformations as well as have total control of our money while enjoying the benefits of cryptography.

Ethereum is on the verge of changing the way people create things, communicate with each other, and execute multiple tasks online. Enterprise Ethereum is another variation of this blockchain technology that solely focuses on enterprise solutions. Anyhow let’s check out the pros of the Ethereum platform below: 

Key Features of Ethereum:

Ethereum blockchain offers: 

Immutability as none can alter the data already inserted in the decentralized blockchain applications.

Tamper Proof, apps on the Ethereum network that run on the principle of consensus, which initiates censorship. 

Security as there is no central point to call the shot. All the applications created on top of the Ethereum blockchain platform are well protected against hacking or other spamming activities.

Zero downtime as the apps never experience downtime as there is no single central server to hose them. 

  

The objectives of the platforms 

The debate on Hyperledger and Ethereum will become much clearer when you take a look at their purposes. Ethereum network solely seeks to make it easy for the developers to create smart contracts to perform several tasks. On the other hand, Hyperledger is an open-source collaborative initiative leveraging blockchain technology to support multiple tech implementations. 

Hyperledger works as software whereby you can develop a personalized blockchain for multiple needs. Ethereum blockchain, on its part, works with generalized protocol allowing everything to run on the network. 

The Level of Confidentiality 

The debate on Ethereum and Hyperledger won’t be finished until we compare the confidentiality level of both projects. Ethereum is a transparent blockchain project that stores the details of every transaction in the public domain so that everyone present on the network can see that. All transactions happening on the Ethereum blockchain are visible to all the participants. 

Hyperledger Fabric, on the other hand, takes the matter of privacy to another level as only people involved in a particular project can access the data related to it. This network thus provides the participants with the flexibility to lock the transactions by using certain encryption keys. 

Peer Participation 

The Ethereum network can be both public and private. Therefore anyone can take part at any given time. On the other hand, Hyperledger comes with a predefined community of participants who can access the network. The users have to use certain encryption keys to access the data in the network. However, there is an exception though. Hyperledger Sawtooth is the only project that is available on both public and private solutions.  By taking up blockchain technology training, you will understand the use cases in a better way.

Consensus Mechanism

As a transparent blockchain project, Ethereum allows everyone present on the network to make decisions. All the participants in the blockchain need to reach a consensus to complete a transaction. It doesn’t matter whether or not there is a node present in the transaction. 

Ethereum runs on the Proof of Stake algorithms to achieve a consensus. The PoS algorithm requires all the participants to agree on a single point and all of them should have access to the recorded entries. 

Moving on to the mechanism of the Hyperledger network, it comes with various types of consensus whereby the participants can choose between an agreement protocol and no consensus algorithms needed. In such scenarios, two or more parties can agree on the outcome. 

The Programming Language 

Another critical point of debating over the Ethereum blockchain and Hyperledger is the programming language they use. 

Ethereum majorly relies on Solidity, a high-level-oriented programming language. Hyperledger, on the other hand, depends on ‘chain code’ which is an intelligent contract, written in a programming language. It handles the business logic agreed by all the members present in the network. 

Cryptocurrencies 

The Linux Foundation, the creator of Hyperledger Fabric, has already made it clear that they are not open to developing a cryptocurrency hence there is no requirement for mining.  This blockchain platform lacks a native currency and hence allows for a scalable consensus algorithm whereby the network can process at a high transaction rate. 

On the other hand, the Ethereum blockchain is powered by the Ether (ETH) digital currency that helps to finance transactions on the network. 

Simply put, Ethereum is a unique blockchain project that allows people to create smart contracts and decentralized applications to perform different tasks. Therefore, it is a generic platform for all kinds of applications. However, Ethereum continues to struggle with scalability and privacy issues.  

On the other hand, Hyperledger is an ideal project for businesses and organizations that want to avoid privacy and scalability issues in the blockchain space. The fine-grained access control of this platform brings out high levels of access control. 

The Final Comparison Between The Three Platforms 

Hope this guide helped you to form a basic understanding of the three distributed ledger technologies and their use cases. Corda acquires most of its use cases from the financial service industry, whereas Ethereum claims to be independent of any specific applications. Hyperledger, on the other hand, offers an extendable, modular architecture in multiple industries. 

  • Peer Participation 

Ethereum is accessible to everyone who has access to data or anything in the blockchain network. But in Corda and Hyperledger, if a network’s participants are pre-defined only then they can gain access to the networks. 

  • Consensus   

In the consensus algorithm, Ethereum differs from the other two. In an Ethereum network, all the participants must reach an agreement to initiate a transaction. Even when a participant is not a part of the transaction, they have to agree on it. 

On the other hand, when it is about Corda and Fabric, the consensus mechanism is more refined. Every node, present in a network, doesn’t need to participate in the consensus process. 

  • Built-in Currency 

Ethereum is the only one among the three emerging digital ledgers to have a native cryptocurrency named Ether. Corda and Fabric don’t need any currency since the consensus doesn’t need a mining process.

Hyperledger Vs Corda Vs Ethereum

Parameters  Corda  Ethereum  Hyperledger Fabric
Audience  Blockchain Developers Anyone interested in decentralized applications like ETH, Crypto and so on Developers searching for a foundation for creating applications with a modular architecture
Company R3 Ethereum Foundation Hyperledger
Founded In 2014 2013 2015
Categories Smart Contract Blockchain Blockchain
Smart Contract
DeFi Projects
Crypto Stacking		 Blockchain
Smart Contract

The Bottom Line

 

The debate over Corda vs. Ethereum vs Hyperledger Fabric will continue more as the blockchain technology evolves with passing time. However,  if you are just a novice and want to learn more about these platforms, check out the best blockchain certification here! 

If you want to keep up with the trends of blockchain industry, join our communities on Discord, Reddit and Telegram.

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Hyperledger Fabric: Most Essential Features & Applications You Need to Know

What is Hyperledger? In order to expand and develop blockchain technology, certain tools and frameworks are required. Hyperledger is one of the blockchain frameworks which is popularly used in the Blockchain ecosystem. 

The process of developing blockchain applications and systems can be implemented using the open-source tools known as Hyperledger. It is done by collaborating with developers and businesses working with the Distributed Ledger Technology (DLT). 

In this article, we will be digging deep into the essential features and applications of hyperledger fabric.

Also, if you are keen to learn about Hyperledger blockchain technology, then pursuing Hyperledger training or Hyperledger certifications is a good option. 

Table of Content

  • Overview 
  • What is Hyperledger Fabric?
  • Features of Hyperledger Fabric
  • Applications of Hyperledger Fabric
  • Conclusion  

Overview 

Hyperledger was introduced in December 2015 by the California-based Linux Foundation but came into the limelight in 2016. The big tech names like IBM, SAP, and Intel have also contributed and supported the development of blockchain-based distributed ledger technology.  

The main purpose of Hyperledger systems is to provide setup, tools, framework, guidelines, and standards for building blockchain-based applications by collaborating with the business and developers using DLT.  This Global collaboration involves the organization dealing with finances, manufacturing, Internet of Things (IoT), supply chain management, banking, technology, etc. 

This umbrella hyperledger project provides blockchain solutions and services for improving the performance, operations, security, efficiency, etc., of the system and the business process. To know more about hyperledger, you must understand Hyperledger Fabric and its features and applications.    

What is Hyperledger Fabric?

Hyperledger Fabric is a platform that has two core features, namely, modularity and versatility, for developing blockchain-based applications, solutions, products, and services, especially for business enterprises. It uses a modular architecture and sets the foundation to implement various blockchain use cases and satisfy business needs. Also, hyperledger fabric uses the components like plug-and-play, offering consensus and membership services. 

Hyperledger Fabric is the distributed ledger software that is popularly used as a blockchain framework. IBM designed this decentralized ledger technology (DLT) platform for industrial use. Due to its permission to access and private features, it offers suitable solutions to businesses to segregate the information or data and increase the transaction speed. 

To learn deeply about the Hyperledger technology, you just need to explore Hyperledger Certifications or Hyperledger Training. It will provide you extensive knowledge that will boost your career opportunities in the field of Blockchain technology. 

Features of Hyperledger Fabric

The essential features of Hyperledger Fabric that you must know are as follows: 

  • Highly modular: Hyperledger Fabric offers modularity as it has been designed with modular architecture. 
  • Pluggable consensus: Hyperledger features plug-and-play consensus. 
  •  Permissioned architecture: This Hyperledger feature increases privacy as only permission to access is available.
  • Open smart contract model: Hyperledger offers flexibility to implement the desired solution to the system.
  • Multi-language and smart contract support: It supports languages like Go, Java, Javascript.
  • Low latency of confirmation: This feature of hyperledger fabric makes it preferable for the business as it offers real-time access to rapidly changing data.
  • Flexibility to data privacy: Hyperledger fabric has the feature of data privacy but has some flexibility, like data isolation using the channels or sharing private data on a need-to-know basis by private data collections.
  • Supports continuous operations: Hyperledger Fabric is designed to support continuous operations like asymmetric version sub-port and rolling upgrades.
  • Supports Solidity and EVM: Hyperledger fabric also supports the Etherium Virtual Machines and solid.
  • Decentralized governance for smart contracts: The latest version of Hyperledger fabric introduces the feature of governance and versioning of smart contracts. 
  • Queryable Data: Hyperledger fabric supports the key-based queries and JSON queries. 

Must know Applications of Hyperledger Fabric

The application of hyperledger that you must be aware of are as follows: 

Diamond Tracing

Hyperledger fabric is used in the diamond mining business. This process of mining diamonds is a bit tricky as the extraction process is complicated. The diamond is passed through multiple hands, and if proper guidelines are not followed, it can result in various complications like fraud and double-dealing in the marketplace. Therefore, hyperledger fabric makes the process efficient by keeping the track record at every step. It keeps the transparency of every transaction and makes sure to secure the data.  

Digital Payments

Hyperdedger fiber focuses and facilitates the business or financial sectors by creating interledger with a secure transaction between two parties globally.  Interledger is a concept of connecting different ledgers and carrying the transaction across the same channels. With the help of hyperledger fabric, international payments can be done with minimum cost and high speed.  

Digital Identity

In this digitally transforming world, almost everything is turning into digital. Therefore, cybercrimes are also growing, and enterprises are concerned about data and network security. Blockchain technology has time to time, proven itself in providing better security than the traditional network security systems. The hyperledger fabric, which is a permissioned blockchain ledger, can store the digital credentials of the users securely. 

Food Supply Chain

Various food production companies utilize Hyperledger Fabric blockchain technology for the Food supply chain. It helps in recording the history and present location of the available food. In case of any defect, the manufacturer can trace the source where it got defected and make the necessary changes. This all can be possible with the help of the hyperledger fabric. 

Business to Business (B2B) Contracts 

Hyperledger fabric benefits businesses as it offers them codifying their deals and automated contractual agreements. It enables confidential and secure negotiations and protects the B2B contracts between the two different parties. 

Conclusion

As discussed above, the application and features of hyperledger fabric offer robust network security and have the capability to develop blockchain-based tools and applications. For more details about hyperledger, checkout blockchain council and explore Blockchain Certifications like Certified Hyperledger Expert and Certified Hyperledger Developer.

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