What is Blockchain Technology? - Blockchain Technology Explained

What is blockchain distributed ledger?

Bitcoin Exchanges / September 10, 2018


The Hyperledger Project

Blockchain technology is more concept than reality. Enter Hyperledger!

The Hyperledger project is an open source, collaborative project hosted by the Linux Foundation. Its community is comprised of leaders across many industries including finance, Internet-of-Things, technology and more.

At the core of its community based projects is Fabric, a Blockchain application enabling framework. It uses container technology to enable “smart contracts” which are implemented in “chain code” that allow to create and manage assets involved in business transactions, and to create and manage the transactions as well.

The Bottom Line on Blockchain Technology

Blockchain technology has the potential to revolutionize the way business networks operate. By establishing trust, and providing transparency and accountability, Blockchain makes the network and transactions more efficient. More efficient means faster turnaround, increased profits, and happier customers.

Learn More About Blockchain and Hyperledger

Source: developer.ibm.com