Hyperledger fabric

---

Assalamualaikum steemians

---

How are you? Hope so everyone would be safe and sound just like me as I am also safe Alhamdulillah...

---

If I talk about my today's topic to discuss then it is all about hyperledger fabric and I think it is a new term for many of the users but don't worry I am here to guide you and help you guys that what it is all about.

Hyperledger fabric is basically a blockchain which is a sort of private blockchain specified for enterprise use cases. These are permission blockchains so everyone cannot access and approach it ,except authorized parties as well as one of the most important feature in these blockchains are their high level of scalability and security.

Source

Key Feature

• Hyperledger architecture is modular in its nature.
• If I talk about consensus algorithms then plug-and-play algorithms are used.
• Hyperledger fabric are used for supporting multiple programming languages.
• If I talk about hyperledger fabric query capability then it's too much.
• For supporting smart contracts hyperledger fabric is used.

Hyperledger fabric working

First of all in its working network of notes establish is and each node represent different organisation and particular entities as well as each and every particular nod is responsible for validation and agreement at state of blockchains by different consensus algorithms.

If I talk about small contracts then these are used for defining that how blockchain is working as well as there are clients which shows their interaction with blockchains through API. Now I am going to explain some of the examples.

Examples

• You can imagine that there is a group of bank that wants to create blockchain so that it may facilitate some payments that are cross border payments. After that they would set hyperledger fabric in which each Bank would be are representative of a node and then payment process would be automated by smart contract

• After that imagine that there is a client that want to start a payment then he would execute smart contract which would update the blockchain and would trigger payment.After that bank validate and agree with the state of blockchain after that the payment would be considered secure and precise.

Source

Benefits of hyperledger fabric

• This is a great way of providing scalability and security.
• It provides flexibility and modular architecture and it is used for supporting different programming languages and it has high capacity and capability of query and when you have to choose something for enterprise then it is ideal for it.

• It is helpful and beneficial in different use cases like cross border payments, in the management of supply chain ,in the verification of identities and in management of keeping healthcare records and in voting system etc...

Now maybe from the start you people don't have an idea that what is hyperledger fabric but now you can understand that this is a blockchain but not for public use as well as you people also understand some of its special use cases that in which field it can play its role as well as what benefits we can obtain from it

---

Thanks

---