Hyperledger – Blockchain for Businesses

After understanding the architecture, core components, and the process of blockchain technology, it is important to explore the possibilities in regard to fulfilling business needs. Blockchain is responsible for running distributed networks without third-party regulators. It is now becoming an essential component to consider and this will shape the next generation of financial technology and governance models. However, blockchains used for cryptocurrency are highly focused on rewards and giving incentives to their participants, such as Bitcoin and Ethereum. To overcome this challenge, the Linux Foundation and industry leaders have collaborated to form a distributed ledger-based project named the Hyperledger project. In this chapter, you will learn about how the Hyperledger project is different from existing blockchain technologies...