An Introduction to Hyperledger Fabric
Hyperledger Fabric is a blockchain framework implementation initially developed by Digital Asset and IBM and now hosted by Linux Foundation under the hyperledger project. Fabric joined the hyperledger project for incubation in the early 2016 and after 1 year of incubation, it became the first project get into the ‘active’ state. On July 11, 2017, the hyperledger Technical Steering Committee announced their first production-ready distributed ledger codebase, Hyperledger Fabric V1.0.
The Fabric platform is intended as a foundation for developing blockchain applications, products or solutions. The fabric is a Private and Permissioned system which delivers a high degree of confidentiality, resiliency, flexibility, and scalability. It adopted a modular architecture and supports pluggable implementations of different components like consensus, membership services etc. Like other blockchain technologies, Fabric has a ledger, smart contracts, and it is a system by which participants manage their transactions. The smart contract in the fabric is known as chaincode and it is in the chaincode the business logic is embedded. The following features impart high degree of security and privacy for the fabric framework.
- Channels: The Blockchain network can be partitioned into channels, where each channel consists only the authorized partners
- Visibility settings: It is possible to restrict who can see the input data using visibility settings
- Data Encryption: The data can be Hashed or Encrypted before calling the chaincode
- Data Access Restriction: By embedding access controls into the chaincode logic, it is possible to restrict data access to certain roles in the organization.
File encryption: Ledger data at rest can be encrypted using file system encryption, and data-in-transit can be encrypted using TLS protocol…Continue reading on An Introduction to Hyperledger Fabric
Follow us on Twitter @Blockchain_E
Related Topics:
What is Tierion? | EOS RAM Market | Hydrachain Dapp
