Enterprise blockchain Hyperledger Fabric has introduced support for Ethereum smart contracts. Fabric is designed to be modular with four main components. These are the main ledger, the consensus mechanism, identity management, and smart contracts called chaincode. The latest announcement provides an alternative to chaincode.
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The more businesses have got involved into the blockchain ecosystem, the more platforms for DLT enterprise solutions are emerging at the market. Read the full article here.
Driven mainly by financial technology (fintech) investments, blockchain has seen a fast uptick in adoption for application development and pilot tests in a number of industries and will generate more than $10.6 billion in revenue by 2023, according to a new report from ABI Research in New York.
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Visa is integrating open-source blockchain code from the Hyperledger Fabric ahead of the commercial launch of its own blockchain service for enterprise payments in Q1 2019.
Visa B2B Connect, the payment giant’s enterprise blockchain platform that enables cross-border payments between businesses, is partnering IBM to integrate the latter’s development of the open-source Hyperledger Fabric framework.
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Brian Behlendorf, Executive Director of Hyperledger joins Epicenter to discuss the development of Hyperledger over the past two years. When Brian was last on the show, he had recently started his role at the Linux Foundation. Now, two years later, Hyperledger has gone from a nascent project to a mature ecosystem of technologies with hundreds of members. With dozens of networks in production, and backed by companies like IBM, Hyperleger is the most widely used blockchain technology for permissioned networks. Watch the full interview here.
The Hyperledger consortium has published a whitepaper that defines performance metrics for blockchains. The metrics should apply to most enterprise blockchains, not just Hyperledger solutions.
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Through the HyperLedger Sawtooth network, which has by now been adopted by tech giants like T-Mobile, Amazon, Huawei, and Intel, clients on the TokenSoft platform can now issue their assets effectively.
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A level of maturity not usually found among proponents of competing emerging technology platforms appears to be taking hold in the blockchain community.
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Companies such as Amazon, Microsoft and Oracle will reap a financial windfall by offering blockchain as a service (BaaS), a market that’s quickly growing as companies look for ways to use the distributed ledger technology without spending a lot of money.
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The Enterprise Ethereum Alliance (EEA), a blockchain standards organization and Hyperledger, an open source collaborative under the auspices of The Linux Foundation, today announced they have joined each other’s groups.
The two groups said the joint associate membership will lead to an open-source, standards-based, cross-platform collaboration that can accelerate adoption of the distributed ledger technology for business.
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