Sihuan Pharmaceutical’s Gabapentin Capsules was Granted Drug Production Approval, the Third …

TAIPEI, Oct. 22, 2020 /PRNewswire/ — As one of the world’s largest communities focused on blockchain technology, Hyperledger is dedicated to enterprise blockchain deployments through developing stable and reliable frameworks and tools including Hyperledger Fabric contributed by IBM, Hyperledger Sawtooth by Intel, Hyperledger Besu by ConsenSys, and other pivotal blockchain technologies.

Photo resource: Hyperledger LandscapePhoto resource: Hyperledger Landscape

Photo resource: Hyperledger Landscape

Hyperledger recently announced a list of Hyperledger Certified Service Providers (HCSP). The list is an important reference to enterprises in search of Hyperledger technology partners that identifies only 20 companies across the globe. BSOS, a Taiwanese blockchain technology start-up is among them.

HCSP, the driving force for Hyperledger ecosystem

Julian Gordon, Vice President, Asia Pacific, for Hyperledger, stated, “We highly value the development of Hyperledger ecosystem. By collaborating with HCSPs, we aspire to provide more enterprises with assistance in blockchain development and attain tangible results in commercial values. BSOS is an exciting company with potential. It passed our strict requirements and tests in a short period of time, showcasing adequate technical capability.”

Taking a closer look at the list of 20 HCSPs, one may deduce the high bar set for service providers at the sight of internationally renowned IT giants, e.g. IBM, SAP, Accenture, NEC, LG, Tencent, Ant Financial. “We’ve set rigorous qualifications for a company to be an HCSP. We currently have 20 of them, and we look forward to introducing more leading companies as our partners”, said Julian Gordon.

BSOS set out to serve a global clientele on day one

“BSOS is honored to be an HCSP. It is a recognition of our R&D capabilities. We’d like to express our gratitude to Hyperledger for the validation. In the future, we look forward to collaborating more closely with members of Hyperledger ecosystem and help our clients achieve commercial value”, said Daniel Huang, CEO of BSOS.

Asked how the company first got in contact with Hyperledger, Huang responded, “The day we founded the company, we told ourselves, we must operate internationally. In such a new area of expertise, we certainly have to be engaged in the global community. In addition to Hyperledger, we are also very pleased to introduce R3, EEA, ConsenSys, and HashiCorp as our new partners this year.”

Enterprise-grade blockchain technology is headed toward maturity

We can take note of topics that stood out from trials conducted by developers across the world and try to identify what could be a fit for blockchain deployment. Meanwhile, we also see that tools and process methodologies developed sequentially by major developers like Hyperledger, R3, J.P. Morgan, or even start-ups like BSOS, are collectively driving enterprise-grade blockchain technology toward maturity. According to the world’s second-largest market research institution, MarketsandMarkets, the global blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025, at a 67.3% compound annual growth rate (CAGR).

In adopting blockchain technology, people would assume the financial sector conservative. Exceptionally, it has reacted faster, and more proactive than enterprises. Daniel Huang explained, “Our clients, especially financial institutions, are particularly sensitive to data facticity and asset liquidity. They promptly realized how blockchain technology can bring revolutionary changes. We look forward to having more successful cases in the financial sector which will further facilitate the development of distributed collaborative business ecosystems in other industries and create immense momentum in value circulation.”

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Hyperledger Announces Its 20 Certified Service Providers, and BSOS Taiwan is among them

TAIPEI, Oct. 22, 2020 /PRNewswire/ — As one of the world’s largest communities focused on blockchain technology, Hyperledger is dedicated to enterprise blockchain deployments through developing stable and reliable frameworks and tools including Hyperledger Fabric contributed by IBM, Hyperledger Sawtooth by Intel, Hyperledger Besu by ConsenSys, and other pivotal blockchain technologies.

Photo resource: Hyperledger Landscape (PRNewsfoto/BSOS)Photo resource: Hyperledger Landscape (PRNewsfoto/BSOS)
Photo resource: Hyperledger Landscape (PRNewsfoto/BSOS)

Hyperledger recently announced a list of Hyperledger Certified Service Providers (HCSP). The list is an important reference to enterprises in search of Hyperledger technology partners that identifies only 20 companies across the globe. BSOS, a Taiwanese blockchain technology start-up is among them.

HCSP, the driving force for Hyperledger ecosystem

Julian Gordon, Vice President, Asia Pacific, for Hyperledger, stated, “We highly value the development of Hyperledger ecosystem. By collaborating with HCSPs, we aspire to provide more enterprises with assistance in blockchain development and attain tangible results in commercial values. BSOS is an exciting company with potential. It passed our strict requirements and tests in a short period of time, showcasing adequate technical capability.”

Taking a closer look at the list of 20 HCSPs, one may deduce the high bar set for service providers at the sight of internationally renowned IT giants, e.g. IBM, SAP, Accenture, NEC, LG, Tencent, Ant Financial. “We’ve set rigorous qualifications for a company to be an HCSP. We currently have 20 of them, and we look forward to introducing more leading companies as our partners”, said Julian Gordon.

BSOS set out to serve a global clientele on day one

“BSOS is honored to be an HCSP. It is a recognition of our R&D capabilities. We’d like to express our gratitude to Hyperledger for the validation. In the future, we look forward to collaborating more closely with members of Hyperledger ecosystem and help our clients achieve commercial value”, said Daniel Huang, CEO of BSOS.

Asked how the company first got in contact with Hyperledger, Huang responded, “The day we founded the company, we told ourselves, we must operate internationally. In such a new area of expertise, we certainly have to be engaged in the global community. In addition to Hyperledger, we are also very pleased to introduce R3, EEA, ConsenSys, and HashiCorp as our new partners this year.”

Enterprise-grade blockchain technology is headed toward maturity

We can take note of topics that stood out from trials conducted by developers across the world and try to identify what could be a fit for blockchain deployment. Meanwhile, we also see that tools and process methodologies developed sequentially by major developers like Hyperledger, R3, J.P. Morgan, or even start-ups like BSOS, are collectively driving enterprise-grade blockchain technology toward maturity. According to the world’s second-largest market research institution, MarketsandMarkets, the global blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025, at a 67.3% compound annual growth rate (CAGR).

In adopting blockchain technology, people would assume the financial sector conservative. Exceptionally, it has reacted faster, and more proactive than enterprises. Daniel Huang explained, “Our clients, especially financial institutions, are particularly sensitive to data facticity and asset liquidity. They promptly realized how blockchain technology can bring revolutionary changes. We look forward to having more successful cases in the financial sector which will further facilitate the development of distributed collaborative business ecosystems in other industries and create immense momentum in value circulation.”

SOURCE BSOS

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SIX Digital Exchange, Visa join Hyperledger

Yesterday enterprise blockchain alliance Hyperledger announced eight new members, including the SIX Digital Exchange (SDX) and Visa. The news came just in advance of the member summit, which launches virtually today.

The addition of Visa is not a big surprise. Its B2B Connect payments solution leverages Hyperleger Fabric and it has previously done work on trusted execution environments (TEE), an area that overlaps with the Hyperledger Avalon project. The company has extensive interests in blockchain, apart from supporting debit cards for cryptocurrency platforms. It was an initial participant in Facebook’s Libra though it eventually withdrew. And it is a backer of Anchorage, the digital asset custody solution.

New member SIX Digital Exchange (SDX) may be slightly less obvious given its core settlement solution leverages R3’s Corda. However, R3 is also a Hyperlegder member. Here’s SDX’s take:

“We feel that it is key that we bring our insights to the table to help drive the formation of a global financial market ecosystem that drives new products, services and business models,” said Tim Grant the Head of Business at SIX Digital Exchange.

Other notable additions include SIMBA Chain, which started life working on U.S. defense contracts. It now has several offerings, including a Smart Contract as a Service solution targeted at developers who don’t want to get their hands too dirty with the blockchain itself. It integrates with numerous blockchain platforms, including Hyperledger Fabric, Ethereum, Quorum, RSK and Stellar.

New member Chainstack provides blockchain as a service, including supporting Hyperledger Fabric.

Solution provider and new member Emurgo is associated with the Cardano public blockchain where another associate, IOHK, joined three months ago. The other three additions are Korea’s Creativehill, DeepDive Technology and Valid Network.


Related:

Hyperledger Welcomes Blue Chip Line-Up of New Members and Certified Service Providers as …

SAN FRANCISCO, Sept. 9, 2020 /PRNewswire/ — Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced that eight new organizations, including Chainstack, SIMBA Chain, SIX Digital Exchange and Visa, have joined as members of the the multi-venture, multi-stakeholder effort hosted at the Linux Foundation. These new members are joining the rest of the Hyperledger community for the annual Member Summit. This year’s two-day virtual event will have interactive programming in three time zones to engage the entire global Hyperledger community.

In addition, Hyperledger announced seven more companies, Creativehill, DeepDive Technology Group, NEC, SAP, SwissCom, Tech Mahindra and Tencent, have completed the training requirements to become Hyperledger Certified Service Providers (HCSPs). This brings the total number of HCSPs to 18. New member EMURGO is also jumping in quickly by joining the ranks of official Hyperledger Training Partners.

The growing number of deployment-focused partners points to the increasing adoption of enterprise blockchain across a range of industries, geographies and use cases. To illustrate that point further, Hyperledger has been building out its case study library. Just this week, Hyperledger published a case study on CULedger’s MemberPass permanent, portable digital identity solution for credit union members. Other recent additions include detailed looks at Mindtree’s dual solutions for revolutionizing loyalty programs and Soramitsu’s work with the National Bank of Cambodia on a retail payments system as well as a solution brief on Joisto’s blockchain-based solution for GDPR-compliant document and data storage.

“In a year that has looked like no other, Member Summit is an even more important grounding point for our community,” said Brian Behlendorf, Executive Director, Hyperledger. “The pace of adoption for enterprise blockchain is accelerating, and our members are a driving force for critical new technologies and solutions. Our latest members will be important new voices as we set agendas and roadmaps that will keep us pushing this market forward in the year ahead.”

Hyperledger allows organizations to create solid, industry-specific applications, platforms and hardware systems to support their individual business transactions by offering enterprise-grade, open source distributed ledger frameworks, libraries and tools. General members joining the community are Chainstack, Creativehill, DeepDive Technology Group, EMURGO, SIMBA Chain, SIX Digital Exchange, Valid Network and Visa.

New member quotes:

Chainstack

“Chainstack provides enterprise-grade, managed blockchain services on any cloud. Our mission is to bring scalability, flexibility and transparency to the industry,” said Laurent Dedenis, CEO, Chainstack. “Blockchain technology, and Hyperledger in particular, has the power to resolve some inefficiencies and generate value for the enterprise world. We are thrilled to join the Hyperledger community now as we officially roll out the Chainstack 2.0 blockchain management services platform with a brand-new applications marketplace and API.”

Creativehill

“Creativehill is very honored and thrilled to join the Hyperledger community of leading blockchain enterprises,” said Cheonwoon Yim, Co-Founder & CEO of Creativehill. “We provide blockchain technology to the finance and public sectors based on research we started with Hyperledger Fabric version 0.6. Moreover, our company also offers consultation and reports to other fields to which this technology can be applied. Recently, we focused on producing a use case combining health care and supply chain management. We would like to cooperate on this with the Hyperledger community and contribute our knowledge and efforts to the development of the ecosystem.”

DeepDive Technology Group

“We believe that blockchain innovation is bigger than the internet itself,” said Misha Hanin, Founder & CEO, DeepDive Technology Group. “We believe that in the next 3, 5, 7, 10 years, we’ll see a huge WORLD transformation driven by blockchain. We’ll start solving huge problems for large enterprise companies, governments, and entire nations using this technology. At DeepDive Technology Group, we believe that Hyperledger Fabric will play the absolute leading role in driving blockchain innovation forward. Our own team of enterprise blockchain trailblazers is currently building production level use-cases using Hyperledger Fabric; we see how in the past two years, blockchain has gone from something almost no enterprises talked about, to something half of enterprises have now planned serious investments in. We’re thankful to be members of the Hyperledger community, to play a leading role in the advancement of enterprise blockchain ourselves.”

EMURGO

“As a global blockchain solutions provider and founding entity of the globally recognized Cardano blockchain, EMURGO is excited to enter Hyperledger and join hands with a phenomenal group of organizations that are building robust blockchain infrastructures to support a new spectrum of valued services,” said Ken Kodama, EMURGO CEO. “EMURGO is highly committed to developing end-to-end, tailored blockchain solutions such as our new customized Brandmark solution in order for clients to address existing inefficiencies in industries like supply chain. Becoming a part of Hyperledger’s world class open community enables fellow members with a wealth of varied experiences to strategically exchange valuable resources and collaborate on furthering the maturation of the overall blockchain ecosystem with real solutions to meet the needs of clients.”

SIMBA Chain

“We are excited to join Hyperledger, a premier development framework for enterprise blockchain solutions, and be part of a community comprising so many premier organizations exploring collaborative models for blockchain technologies,” said Joel Neidig, CEO of SIMBA Chain, a Smart Contract as a Service and blockchain innovation platform company. “SIMBA’s roots go back to one of DARPA’s first blockchain contracts, so we have a long-standing focus on working with small and large enterprises, governments and other organizations to bring practical use-cases to full realization. With our platform’s recent support for Hyperledger, we believe now is a great time to join and help bring the community forward.”

SIX Digital Exchange

“SIX Digital Exchange is on the leading edge of building next generation digital market infrastructure to support the evolution of financial markets with enterprise blockchain and digital assets as a foundation,” said Tim Grant, Head of Business, SIX Digital Exchange. “Hyperledger is one of the most significant industry focal points for the continued development of enterprise blockchain, and we feel that it is key that we bring our insights to the table to help drive the formation of a global financial market ecosystem that drives new products, services and business models into the marketplace and supports a better future for governments, corporations and individuals.”

Valid Network

“As the provider of a first of its kind blockchain security solution, we are more than excited to take part in the Hyperledger community and the Linux Foundation,” said Kfir Nissan, co-founder and CEO at Valid Network. “We see joining this collaboration as an important strategic step for our company and technology, and believe that together we can build a future of secured and trusted blockchain solutions for enterprises all over the world, enabling them to innovate with blockchain faster and safer than they could ever imagine.”

Members big and small are collaborating across company and country lines to ensure the success of Hyperledger business blockchain technologies, building products, services and solutions on top of Hyperledger code bases that are critical to their lines of business. Learn more about becoming a member of Hyperledger.

About Hyperledger

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, healthcare, supply chains, manufacturing and technology. Hyperledger hosts many enterprise blockchain technology projects including distributed ledger frameworks, smart contract engines, client libraries, graphical interfaces, utility libraries and sample applications. All Hyperledger code is built publicly and available under the Apache license. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.

Contact:

Emily Fisher

Linux Foundation/Hyperledger

[email protected]

SOURCE Hyperledger

Related Links

https://www.hyperledger.org/

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Australia’s Leading Banks Are Coming Together To Digitize Bank Guarantees Using Blockchain …

Three leading banks in Australia have come together to form a new start up that will use blockchain technology to produce digital bank guarantees. Bank guarantees are the official contracts between lending institutions and their clients. It assures the lender that the debt will be paid even if the borrower goes bankrupt.

Westpac Banking Corporation, Commonwealth Bank of Australia, and Australia and New Zealand Banking Group Limited have teamed up with IBM and Scentre Group , an Australian shopping center company to form Lygon, a startup that will leverage blockchain technology to digitize bank guarantees. The companies formed the company following a successful testing of the project last year.

The technology was also tested by National Australia Bank, which is one to the top four banks in Australi but the project never picked up following the COVID-19 pandemic outbreak.

Reducing costs and time during property leasing processes

According to the group, the new technology will mainly focus on digitizing commercial lease agreements and save time and money for commercial landlords. According to Lygon Chairman Nigel Dobson, the new technology will also ensure small businesses’ safety in the short term. Lygon will help reduce the time it takes to issue a bank guarantee from one month to just one day.

According to IBM, the technology transformed the long and tedious paper-based and inefficient bank guarantee process into a short and simple digital process. The new company will use IBM’s Hyperledger technology to produce digital bank guarantees and make it possible to process them in one day. The startup is expected to be launched in September. The Hyperledger Fabric is an open-source blockchain project developed by the Linux Foundation.

“It comes to market at a time when some people have been questioning the value of blockchain but what makes this work for us, and our customers, is that it solves a really big problem,” Dobson said.

He added that Lygon’s commercialization is a major milestone for global and Australia’s blockchain industry. According to Dobson, the new platform will help transform a three-way contract by digitizing the paperwork, the process, and the legal undertaking behind it.

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Implement a sample business network

Learn the step by step to implement a sample network at the free IKS level. You will then be able to start developing, demoing and building your blockchain applications and a simulated multi-organizational network.

1. Make an account on the IBM Cloud;

2. Access Kubernetes Service on the IBM Cloud and sign up to create the free IKS level and implement;

3. Navigate back to the Blockchain Platform and click to launch your blockchain console on the IKS free tier cluster. You can select the cluster through navigation;

4. When you see the launch button, you can enter the blockchain console where you will see a quick start tutorial, in addition to different nodes that can be implemented;

5. If you select the quick start, you will be guided through a series of simple steps to “Build a network”, “Join a network” or “Implement a smart contract on the network”.

For more complete details, see the IBM Blockchain Platform documents. Here is a preview of how you will be guided:

Implement a certificate of authority, requiring service nodes or peers;

Create identities and channels;

Model your business network by defining the classes of assets, participants, transactions, events and access control rules;

Write a short contract, install a smart contract, create an example of a smart contract, or send a transaction using your client’s application.

What is not included in the free level?

The free level is optimized to provide an overview of the operational tools and to help you quickly develop and test. It differs from standard plans in several ways:

It will be automatically removed after a month and there is no way to migrate it to a standard level, so don’t count on the data remaining beyond the period of a month, as the whole example will disappear;

It should not be used for stress tests. It is a free resource, and IBM bears all costs, so in order to make it available, it is necessary to limit the resources allocated;

There is no maintenance applied to these implements. If a new version of Hyperledger Fabric becomes available, IBM will not update the free levels; you will need to delete and restart the IBM Blockchain Platform.

What’s beyond the free level?

When you’re ready to get started, expand your network and implement your definition, smart contract and applications for a production environment with the addition of enhanced security layers and premium support, you will prefer the standard IBM Kubernetes plan.

With it, you will be able to add more IBM Blockchain Platform nodes, more resources (processing and storage), as well as a drop-tolerant and production-level infrastructure that runs in a portable, Kubernetes-based environment that is secure in the cloud . This includes runtime / data isolation, high availability for requests and a certificate of authority, as well as the ability to use multiple zones for disaster recovery.

Why not just use open source technologies directly on your computer?

A blockchain implemented locally and based on the structure of the Hyperledger Fabric can provide a great simulation. But without access to other member organizations, you cannot experience or test the scalability and power of a multi-organizational network. In addition, using open source technologies locally requires a little more patience and skill with command line code.

On the other hand, with the IBM Blockchain Platform, you have a set of scalable, reliable and fully integrated operational and administration tools to guide you in your network creation, implementation, monitoring and administration with simple clicks and easy instructions. The code and skills you develop are easily transferable to production environments, so when you’re ready to move to a full-scale network in production, you’ll have exactly the same experience.

Looking to develop and / or test a smart contract quickly?

The easiest and most economical way to learn more about developing smart contracts for Hyperledger Fabric is by purchasing the free IBM Blockchain Platform VS Code extension. There are several built-in samples that can help you get started, including commercial promissory notes and FabCar. Once the extension is installed, you can create your first smart contract by following this tutorial.

With the VS Code extension, you can develop, package and implement your smart contracts quickly and with simple management of multiple workspaces. In addition, the extension has a quick built-in installation of Hyperledger Fabric to test your contract quickly. You can also easily import connection profiles for remote networks, which allows you to implement your bundled contracts on any network in which you participate.

Get help and support

There are several ways to get support and answers to your questions.

1. For questions about blockchain in general:

Search dW Answers. Browse already asked questions or submit a new one (include the keyword blockchain);

2. For help with the IBM Blockchain Platform:

The Support section in the user interface has several resources for self-help and release notes. For software defects or problems that run away from existing resources, you will find instructions for submitting a support case on the IBM Cloud Service Portal. When you do, you will receive a response email within minutes;

3. For specific Hyperledger Fabric implementation questions:

Hyperledger Rocket.Chat and Stack Overflow are your best bets.

Next steps

We will include five great ways to improve your blockchain skills:

Take the next steps on your blockchain learning journey by following the IBM Developer blockchain learning path;

Stay on top of the developerWorks blockchain newsletter. Take a look at some recent issues and sign up;

Take a look at the Blockchain content hub at IBM Developer. It is your source for tools and tutorials, as well as code and community support to develop and implement blockchain solutions for businesses;

Watch the IBM Blockchain platform console video series, which will show you in detail how to set up a business network on the IBM Blockchain Platform;

See the various blockchain code patterns in IBM Developer, which provide roadmaps for solving complex problems and include panoramas, architecture diagrams, process flows, repository indicators and additional readings.

Want to read more specialized programming content? Discover the IBM Blue Profile and access exclusive materials, new knowledge journeys and personalized tests. Check it out right now, get the badges and upgrade your career!



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Top 5 Benefits Of Hyperledger Fabric Developer Experts With Smart Contracts

Are you interested in exploring the technology that is shaping up the business industry? It is a smart contract. A digital way of signing mutual consent between the involved parties. In simpler terms, smart contracts facilitate validating a treaty between the parties that are involved in the business.

Hyperledger explorer smart contracts is a smarter way of validating a transaction or transfer of assets with blockchain being the foundation technology. The tool is highly helpful in creating applications that are powered by the blockchain technology in a framework sharing a modular architecture.

This article aims to introduce the reader to Hyperledger Fabric. The article also mentions the benefits of using Hyperledger Fabric for validating and processing smart contracts.

Concept Of Smart Contracts

If your curiosity about the smart contracts leaves you scratching your head, then this section will help simplify the concept for you. Smart contracts are the self-executing contracts containing the confidential information of the buyer and seller in an encrypted format that further adds a layer of security.

All the information is stored on the blockchain network, i.e. the open-source distributed digital ledger. It eliminates the requirement of a central authority and allows the exchange of information while maintaining anonymity at the same time.

The concept was first proposed in 1994, however, has undergone a tremendous evolution that inspires the developers and clients to inculcate the technology into their business functioning.

Hyperledger Fabric is an effective tool with a modular architecture that facilitates smart contracts. Scroll below to discover more about the tool and its benefits that make it popular amongst the Hyperledger Fabric developers.

Introduction To Hyperledger Fabric

Hyperledger Fabric is a framework based on blockchain technology in a modular theme (divided in separate modules independent of each other) that facilitates the creation of blockchain-based applications, software solutions and other similar products and services that are dedicated for the optimal functioning of private enterprises.

Hyperledger fabric is a cross-industry business venture that is powered by the Linux Foundation. The innovation was sparked by joint efforts of Digital Asset and IBM that has now evolved over the years.

Hyperledger Fabric was intended to facilitate private and confidential transactions (also contracts) as a powerful enterprise-oriented solution. It is not only based on a secure foundation but also conveniently scalable.

The platform is an open-source engine that is suitable to track and manage day-to-day business activities. The technology supports grants of permission that keeps the platform verified and away from any unauthorized intervention.

The technology is highly useful for the sectors that deal with sensitive information and are bound to maintain them.

To have a better understanding of the subject, let us take the example of a manufacturer willing to sell its product to various retail outlets that are bifurcated in different stages such as shipping, custom etc.

The financial transactions that are carried out, in this case, involve only the registered members that eventually contribute to maintaining privacy as no foreign bodies can access the information except the ones that are granted permission for the same.

After having a fair idea of the Hyperledger Fabric, let us proceed with discovering its benefits contributing to its rising popularity.

Benefits Of Hyperledger Fabric

There are many benefits associated with the Hyperledger Fabric that makes it high in demand for blockchain-based web and app development projects for business applications. This section of the article covers the major benefits for featuring smart contracts with the help of Hyperledger Fabric.

Permissioned Memberships

All the users accessing the network have their unique identities. The platform facilitates the participation of the members that are registered on the network. The applications of the network are in compliance with the data protection laws requiring the members to be registered.

Modular Architecture

The modular architecture that it possesses helps the developers mould the optimal features that cater to the business purpose. It offers the convenience of plug-in type modifications that makes the customization easy and also efficient.

The modular architecture is also helpful while making any modifications without hampering the structure.

Highly Secured Platform

It is because of the Hardware Security Module that the developers can add an extra layer of security to protect the sensitive data and information. HSM is effective in managing and securing the digital keys for secure authentication.

Informing The Right Party

Privacy plays an important role in winning the trust of the investors as well as the customers. The technological advancements have paved the way to consider privacy as an important element to consider in doing day to day business. Hyperledger Fabric facilitates data partitioning that allows it to adopt a selective approach while informing parties about the confidential facts and figures.

Enhancing Performance And Scalability

As already mentioned above in the article that Hyperledger Fabric boasts a modular architecture, it divides the transaction process into three stages that enhance the performance while making the process anytime scalable. All this eventually results in elevating the level of trust between the parties that are involved in the business.

Final Words

The adoption of Hyperledger explorer smart contracts can be an effective way to scale-up your business and showcase the potential of your business in a secure environment. The modular architecture makes the Hyperledger fabric highly recommended for the development of blockchain-powered applications.

The ongoing research and development on blockchain-based projects and the reliability that it has showcased in the past decade makes the investment worthwhile.

Related:

Blockchain and hyperledger fabric are changing trusted transactions

Blockchain has the potential to save time, money, and increase information security across many sectors, including healthcare, supply chain monitoring, real estate processing, and financial services, of course.

Through blockchain, data can be managed in ways that provide a level of security and privacy previously unavailable through more traditional information exchange solutions. One of blockchain’s greatest strengths is that its benefits are available without an overarching monitoring solution because of the self-regulating nature of blockchain.

While blockchain is not yet ubiquitous, organizations such as IBM, are committed to the future of the platform. IBM has more than 1,000 employees continuously working on various blockchain technologies, such as tracing where one company’s product, like lettuce, is in the supply chain or as a platform for four out of five of the most prominent shipping lines to share data to increase efficiency.

For blockchain to reach its potential, easy-to-use solutions must be in place.

More than cryptocurrency

Tracing lettuce shipments may not sound like the most groundbreaking application of technology, but it illustrates that blockchain is more than just a cryptocurrency platform.

One particular aspect of blockchain technology, called hyperledger fabric, allows organizations the ability to build customized blockchains that increase their utility and creates the ability to combine cross-industry knowledge.

Hyperledger fabric is a modular framework that is the foundation for blockchain-based products and applications using “plug-and-play” components. There are five differentiating features of hyperledger fabric:

  • Privacy and confidentiality
  • Modularity
  • Permissioned blockchain
  • Pluggable consensus
  • Smart contracts

Hyperledger fabric enables the privacy and confidentiality of transaction processing and confirmation. The architecture of the fabric makes it both highly modular and easily configurable, which opens up its use in industries as wide-ranging as insurance, banking, healthcare, and more. It can be used for many purposes, including:

  • Secure sharing of medical data
  • Music royalties tracking
  • Cross-border payments
  • Real-time IoT operating systems
  • Personal identity security
  • Anti-money laundering tracking system
  • Supply chain and logistics monitoring
  • Secure voting mechanism

Hyperledger fabric features what is known as permissioned blockchain, which means the platform participants are known to each other. Some platforms are built or used by anonymous or pseudonymous users, but this process is about trust and transparency.

The final two features are smart contracts and pluggable consensus. Smart contracts mean that a platform is written in a general-purpose programming language rather than in a constrained domain-specific language. Pluggable consensus means the platform can be customized to fit a particular need and model.

How it works

Hyperledger fabric can facilitate the sharing of confidential data through its ability to require permission(s) before any data or information is accessed. Developers can create private channels that are useful in any circumstance where confidential obligations need to be managed without sending everything through a central authority.

Say a student is transferring from a distant location, and it is not feasible or secure to share the student’s medical records by other means. Developers can employ hyperledger fabric to create channels where the key participants (physician, parents, and school) can share the information securely. In this example, the school can access the student’s medical records only after the parents grant permission.

As this still-evolving technology is utilized, new and unexpected applications will develop. Likewise, as the platforms are implemented, and mature, modern, and secure forms of communication creation ensure the ability for organizations using the platform to identify more efficient ways to conduct business and improve information exchange.

Because blockchain has the potential to save time, money, and increase information security across many sectors, data can be managed to provide a level of security and privacy previously unavailable through more traditional information exchange solutions.

Related:

Trending: Blockchain Security Software Market 2020: Global Size, Supply-Demand, Product Type …

 Blockchain Security Software

LOS ANGELES, United States: QY Research as of late produced a research report titled, “Global Blockchain Security Software Market Size, Status and Forecast 2020-2026“. The research report speak about the potential development openings that exist in the worldwide market. The report is broken down on the basis of research procedures procured from historical and forecast information. The global Blockchain Security Software market is relied upon to develop generously and flourish as far as volume and incentive during the gauge time frame. The report will give a knowledge about the development openings and controls that will build the market. Pursuers can increase important perception about the eventual fate of the market.

Key Companies/Manufacturers operating in the global Blockchain Security Software market include:

, Hyperledger, Storj Labs, AlphaPoint, AnChain.AI, Apollo Currency, Authlink, Bison Trails, Bitfury, BlockSafe Technologies, BlockCypher, Filament Networks, Block Notary, BlockVerify, Chainkit, Civic Technologies, Datafund, Elliptic, Guardtime, HYPR, Kaspersky, MADANA, Modex, NuCypher, Valid Network

Get PDF Sample Copy of the Report to understand the structure of the complete report: (Including Full TOC, List of Tables & Figures, Chart) :

https://www.qyresearch.com/sample-form/form/2039897/global-blockchain-security-software-market

Segmental Analysis

The report incorporates significant sections, for example, type and end user and a variety of segments that decide the prospects of global Blockchain Security Software market. Each type provide data with respect to the business esteem during the conjecture time frame. The application area likewise gives information by volume and consumption during the estimate time frame. The comprehension of this segment direct the readers in perceiving the significance of variables that shape the market development.

Global Blockchain Security Software Market Segment By Type:

Cloud-Based

On-Premises Blockchain Security Software

Global Blockchain Security Software Market Segment By Application:

Large Enterprises

SMEs Based on

Competitive Landscape

Competitor analysis is one of the best sections of the report that compares the progress of leading players based on crucial parameters, including market share, new developments, global reach, local competition, price, and production. From the nature of competition to future changes in the vendor landscape, the report provides in-depth analysis of the competition in the global Blockchain Security Software market.

Key questions answered in the report:

  • What is the growth potential of the Blockchain Security Software market?
  • Which product segment will grab a lion’s share?
  • Which regional market will emerge as a frontrunner in the coming years?
  • Which application segment will grow at a robust rate?
  • What are the growth opportunities that may emerge in the Blockchain Security Software industry in the years to come?
  • What are the key challenges that the global Blockchain Security Software market may face in the future?
  • Which are the leading companies in the global Blockchain Security Software market?
  • Which are the key trends positively impacting the market growth?
  • Which are the growth strategies considered by the players to sustain hold in the global Blockchain Security Software market

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TOC

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Blockchain Security Software Market Size Growth Rate by Type: 2020 VS 2026

1.2.2 Cloud-Based

1.2.3 On-Premises

1.3 Market by Application

1.3.1 Global Blockchain Security Software Market Share by Application: 2020 VS 2026

1.3.2 Large Enterprises

1.3.3 SMEs 1.4 Study Objectives 1.5 Years Considered 2 Global Growth Trends

2.1 Global Blockchain Security Software Market Perspective (2015-2026)

2.2 Global Blockchain Security Software Growth Trends by Regions

2.2.1 Blockchain Security Software Market Size by Regions: 2015 VS 2020 VS 2026

2.2.2 Blockchain Security Software Historic Market Share by Regions (2015-2020)

2.2.3 Blockchain Security Software Forecasted Market Size by Regions (2021-2026) 2.3 Industry Trends and Growth Strategy 2.3.1 Market Trends 2.3.2 Market Drivers

2.3.3 Market Challenges

2.3.4 Market Restraints 3 Competition Landscape by Key Players

3.1 Global Top Blockchain Security Software Players by Market Size

3.1.1 Global Top Blockchain Security Software Players by Revenue (2015-2020)

3.1.2 Global Blockchain Security Software Revenue Market Share by Players (2015-2020)

3.2 Global Blockchain Security Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

3.3 Players Covered: Ranking by Blockchain Security Software Revenue

3.4 Global Blockchain Security Software Market Concentration Ratio

3.4.1 Global Blockchain Security Software Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Blockchain Security Software Revenue in 2019

3.5 Key Players Blockchain Security Software Area Served

3.6 Key Players Blockchain Security Software Product Solution and Service

3.7 Date of Enter into Blockchain Security Software Market

3.8 Mergers & Acquisitions, Expansion Plans 4 Blockchain Security Software Breakdown Data by Type (2015-2026)

4.1 Global Blockchain Security Software Historic Market Size by Type (2015-2020)

4.2 Global Blockchain Security Software Forecasted Market Size by Type (2021-2026) 5 Blockchain Security Software Breakdown Data by Application (2015-2026)

5.1 Global Blockchain Security Software Historic Market Size by Application (2015-2020)

5.2 Global Blockchain Security Software Forecasted Market Size by Application (2021-2026) 6 North America

6.1 North America Blockchain Security Software Market Size (2015-2026)

6.2 North America Blockchain Security Software Market Size by Type (2015-2020)

6.3 North America Blockchain Security Software Market Size by Application (2015-2020)

6.4 North America Blockchain Security Software Market Size by Country (2015-2020)

6.4.1 United States

6.4.2 Canada 7 Europe

7.1 Europe Blockchain Security Software Market Size (2015-2026)

7.2 Europe Blockchain Security Software Market Size by Type (2015-2020)

7.3 Europe Blockchain Security Software Market Size by Application (2015-2020)

7.4 Europe Blockchain Security Software Market Size by Country (2015-2020)

7.4.1 Germany

7.4.2 France

7.4.3 U.K.

7.4.4 Italy

7.4.5 Russia

7.4.6 Nordic

7.4.7 Rest of Europe 8 China

8.1 China Blockchain Security Software Market Size (2015-2026)

8.2 China Blockchain Security Software Market Size by Type (2015-2020)

8.3 China Blockchain Security Software Market Size by Application (2015-2020)

8.4 China Blockchain Security Software Market Size by Region (2015-2020)

8.4.1 China

8.4.2 Japan

8.4.3 South Korea

8.4.4 Southeast Asia

8.4.5 India

8.4.6 Australia

8.4.7 Rest of Asia-Pacific 9 Japan

9.1 Japan Blockchain Security Software Market Size (2015-2026)

9.2 Japan Blockchain Security Software Market Size by Type (2015-2020)

9.3 Japan Blockchain Security Software Market Size by Application (2015-2020)

9.4 Japan Blockchain Security Software Market Size by Country (2015-2020)

9.4.1 Mexico

9.4.2 Brazil 10 Southeast Asia

10.1 Southeast Asia Blockchain Security Software Market Size (2015-2026)

10.2 Southeast Asia Blockchain Security Software Market Size by Type (2015-2020)

10.3 Southeast Asia Blockchain Security Software Market Size by Application (2015-2020)

10.4 Southeast Asia Blockchain Security Software Market Size by Country (2015-2020)

10.4.1 Turkey

10.4.2 Saudi Arabia

10.4.3 UAE

10.4.4 Rest of Middle East & Africa 11Key Players Profiles

11.1 Hyperledger

11.1.1 Hyperledger Company Details

11.1.2 Hyperledger Business Overview

11.1.3 Hyperledger Blockchain Security Software Introduction

11.1.4 Hyperledger Revenue in Blockchain Security Software Business (2015-2020))

11.1.5 Hyperledger Recent Development

11.2 Storj Labs

11.2.1 Storj Labs Company Details

11.2.2 Storj Labs Business Overview

11.2.3 Storj Labs Blockchain Security Software Introduction

11.2.4 Storj Labs Revenue in Blockchain Security Software Business (2015-2020)

11.2.5 Storj Labs Recent Development

11.3 AlphaPoint

11.3.1 AlphaPoint Company Details

11.3.2 AlphaPoint Business Overview

11.3.3 AlphaPoint Blockchain Security Software Introduction

11.3.4 AlphaPoint Revenue in Blockchain Security Software Business (2015-2020)

11.3.5 AlphaPoint Recent Development

11.4 AnChain.AI

11.4.1 AnChain.AI Company Details

11.4.2 AnChain.AI Business Overview

11.4.3 AnChain.AI Blockchain Security Software Introduction

11.4.4 AnChain.AI Revenue in Blockchain Security Software Business (2015-2020)

11.4.5 AnChain.AI Recent Development

11.5 Apollo Currency

11.5.1 Apollo Currency Company Details

11.5.2 Apollo Currency Business Overview

11.5.3 Apollo Currency Blockchain Security Software Introduction

11.5.4 Apollo Currency Revenue in Blockchain Security Software Business (2015-2020)

11.5.5 Apollo Currency Recent Development

11.6 Authlink

11.6.1 Authlink Company Details

11.6.2 Authlink Business Overview

11.6.3 Authlink Blockchain Security Software Introduction

11.6.4 Authlink Revenue in Blockchain Security Software Business (2015-2020)

11.6.5 Authlink Recent Development

11.7 Bison Trails

11.7.1 Bison Trails Company Details

11.7.2 Bison Trails Business Overview

11.7.3 Bison Trails Blockchain Security Software Introduction

11.7.4 Bison Trails Revenue in Blockchain Security Software Business (2015-2020)

11.7.5 Bison Trails Recent Development

11.8 Bitfury

11.8.1 Bitfury Company Details

11.8.2 Bitfury Business Overview

11.8.3 Bitfury Blockchain Security Software Introduction

11.8.4 Bitfury Revenue in Blockchain Security Software Business (2015-2020)

11.8.5 Bitfury Recent Development

11.9 BlockSafe Technologies

11.9.1 BlockSafe Technologies Company Details

11.9.2 BlockSafe Technologies Business Overview

11.9.3 BlockSafe Technologies Blockchain Security Software Introduction

11.9.4 BlockSafe Technologies Revenue in Blockchain Security Software Business (2015-2020)

11.9.5 BlockSafe Technologies Recent Development

11.10 BlockCypher

11.10.1 BlockCypher Company Details

11.10.2 BlockCypher Business Overview

11.10.3 BlockCypher Blockchain Security Software Introduction

11.10.4 BlockCypher Revenue in Blockchain Security Software Business (2015-2020)

11.10.5 BlockCypher Recent Development

11.11 Filament Networks

10.11.1 Filament Networks Company Details

10.11.2 Filament Networks Business Overview

10.11.3 Filament Networks Blockchain Security Software Introduction

10.11.4 Filament Networks Revenue in Blockchain Security Software Business (2015-2020)

10.11.5 Filament Networks Recent Development

11.12 Block Notary

10.12.1 Block Notary Company Details

10.12.2 Block Notary Business Overview

10.12.3 Block Notary Blockchain Security Software Introduction

10.12.4 Block Notary Revenue in Blockchain Security Software Business (2015-2020)

10.12.5 Block Notary Recent Development

11.13 BlockVerify

10.13.1 BlockVerify Company Details

10.13.2 BlockVerify Business Overview

10.13.3 BlockVerify Blockchain Security Software Introduction

10.13.4 BlockVerify Revenue in Blockchain Security Software Business (2015-2020)

10.13.5 BlockVerify Recent Development

11.14 Chainkit

10.14.1 Chainkit Company Details

10.14.2 Chainkit Business Overview

10.14.3 Chainkit Blockchain Security Software Introduction

10.14.4 Chainkit Revenue in Blockchain Security Software Business (2015-2020)

10.14.5 Chainkit Recent Development

11.15 Civic Technologies

10.15.1 Civic Technologies Company Details

10.15.2 Civic Technologies Business Overview

10.15.3 Civic Technologies Blockchain Security Software Introduction

10.15.4 Civic Technologies Revenue in Blockchain Security Software Business (2015-2020)

10.15.5 Civic Technologies Recent Development

11.16 Datafund

10.16.1 Datafund Company Details

10.16.2 Datafund Business Overview

10.16.3 Datafund Blockchain Security Software Introduction

10.16.4 Datafund Revenue in Blockchain Security Software Business (2015-2020)

10.16.5 Datafund Recent Development

11.17 Elliptic

10.17.1 Elliptic Company Details

10.17.2 Elliptic Business Overview

10.17.3 Elliptic Blockchain Security Software Introduction

10.17.4 Elliptic Revenue in Blockchain Security Software Business (2015-2020)

10.17.5 Elliptic Recent Development

11.18 Guardtime

10.18.1 Guardtime Company Details

10.18.2 Guardtime Business Overview

10.18.3 Guardtime Blockchain Security Software Introduction

10.18.4 Guardtime Revenue in Blockchain Security Software Business (2015-2020)

10.18.5 Guardtime Recent Development

11.19 HYPR

10.19.1 HYPR Company Details

10.19.2 HYPR Business Overview

10.19.3 HYPR Blockchain Security Software Introduction

10.19.4 HYPR Revenue in Blockchain Security Software Business (2015-2020)

10.19.5 HYPR Recent Development

11.20 Kaspersky

10.20.1 Kaspersky Company Details

10.20.2 Kaspersky Business Overview

10.20.3 Kaspersky Blockchain Security Software Introduction

10.20.4 Kaspersky Revenue in Blockchain Security Software Business (2015-2020)

10.20.5 Kaspersky Recent Development

11.21 MADANA

10.21.1 MADANA Company Details

10.21.2 MADANA Business Overview

10.21.3 MADANA Blockchain Security Software Introduction

10.21.4 MADANA Revenue in Blockchain Security Software Business (2015-2020)

10.21.5 MADANA Recent Development

11.22 Modex

10.22.1 Modex Company Details

10.22.2 Modex Business Overview

10.22.3 Modex Blockchain Security Software Introduction

10.22.4 Modex Revenue in Blockchain Security Software Business (2015-2020)

10.22.5 Modex Recent Development

11.23 NuCypher

10.23.1 NuCypher Company Details

10.23.2 NuCypher Business Overview

10.23.3 NuCypher Blockchain Security Software Introduction

10.23.4 NuCypher Revenue in Blockchain Security Software Business (2015-2020)

10.23.5 NuCypher Recent Development

11.24 Valid Network

10.24.1 Valid Network Company Details

10.24.2 Valid Network Business Overview

10.24.3 Valid Network Blockchain Security Software Introduction

10.24.4 Valid Network Revenue in Blockchain Security Software Business (2015-2020)

10.24.5 Valid Network Recent Development 12Analyst’s Viewpoints/Conclusions 13Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

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Clear and cross-blockchain interoperability on Hyperledger Fabric

Clear

ClearClear has completed a successful Proof of Concept (PoC) trial with Hyperledger Fabric. It used an enterprise distributed ledger framework hosted by the Linux Foundation for developing solutions with a modular architecture. In effect, Clear – a developer of blockchain-based settlement and clearing networks – shows its unique tech stack can support more than one ledger, thereby bringing flexibility.

Brian Behlendorf, Executive Director at Hyperledger, said: “Cross-platform interoperability is vital to enabling broad-based transactions in telecom and other complex industries. As champions of open technologies, Hyperledger welcomes this effort to connect disparate DLTs to enable wide-spread sharing and reconciliation of data and information. It’s great to see Hyperledger Fabric serve as a foundation for multi-blockchain environments.

The need

Until now, most enterprises investing in blockchain-based processes and solutions could only interact with a single Distributed Ledger Technology (DLT). Cross-platform interoperability ranged from difficult to impossible. Such a logical constraint limited the ability of enterprises to:

  • interact
  • share information
  • settle financial transactions.

The Clear PoC (and it is only a PoC) suggests that Clear’s customers now have a broader scope of choice. They can:

  • choose which ledgers to interact with
  • use the best-of-breed most applicable to their needs
  • stay up-to-date with future evolution.

Clear and Hyperledger Fabric

Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies. Hyperledger hosts many blockchain technology projects including enterprise-grade, open-source distributed ledger frameworks, libraries, and tools. Hyperledger’s member network includes organisations as varied as:

  • Walmart
  • Accenture
  • IBM
  • JP Morgan
  • Consensys.

Clear became a Hyperledger member in early 2020. It has since developed tools to create blockchain-based settlement and clearing networks. This PoC demonstrates how its abstraction layer can work when running on Hyperledger.

Eran Haggiag, Co-Founder and Executive Chairman of Clear, said: “As a leading provider in the telecom industry, Clear operates in numerous networks and with multiple DLTs, and we are looking forward to expanding and supporting more ledgers and enterprises in achieving a seamless trade process. We want to break the DLT silo mindset, and it is important to us that our customers can enjoy all of Clear’s enterprise features irrespective of their DLT of choice. By facilitating this kind of collaboration, Clear and Hyperledger Fabric will open up a range of exciting new use cases.

Enterprise Times: what does this mean

This is the latest announcement from Clear, which:

The PoC confirms that Clear’s software can connect users to any network, including Hyperledger Fabric networks. It means enterprises are no longer forced to choose or switch DLT platforms in order to interact with other parties. To do this, Clear developed a toolset which can create blockchain-based settlement and clearing networks for enterprises.

Such DLT-agnostic solutions should make it easier to run applications on any network. That could be a game-changer in the enterprise blockchain space. Instead of using two or more blockchain systems, with Clear they may be able to use one.

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