Hyperledger Fabric is an open-source enterprise-grade blockchain platform for building decentralized applications and systems. It is one of the projects under the Hyperledger umbrella, which is a global collaboration of organizations and developers working on blockchain technologies for businesses.
The Hyperledger blockchain project was launched by the Linux Foundation in December 2015. (the same organization that created the Linux Operating System). This project was created to act as a Centre for creating distributed ledgers and fully public blockchain technology.
Hyperledger Fabric uses a modular architecture that allows developers to create custom blockchain networks with specific features and functionality tailored to the needs of their use cases. It provides a flexible and scalable framework for building distributed ledger applications that can support a wide range of business requirements.
Features of Hyperledger Fabric
Some of the key features of Hyperledger Fabric include:
Permissioned network:
Hyperledger Fabric allows for the creation of permissioned networks, where access to the network and its data is controlled by predefined policies.
Smart contracts:
Hyperledger Fabric supports smart contracts written in multiple programming languages, including Go, Java, and Node.js, which can be used to automate business logic and streamline processes.
Privacy and confidentiality:
Hyperledger Fabric provides mechanisms for controlling access to data on the network, ensuring privacy and confidentiality.
Scalability:
Hyperledger Fabric can support high transaction volumes and scale to meet the needs of enterprise-level applications.
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Source – https://overorbit.com/what-is-hyperledger-fabric-how-does-it-work/