Open-Source Blockchain Framework Hyperledger Fabric Reaches Version 1.0

Hyperledger, the cross-industry collaboration to advance open-source Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term technology, has officially announced the availability of Hyperledger Fabric 1.0. Hosted by The Linux Foundation, Hyperledger Fabric is a blockchain framework implementation and is intended to be a foundation for developing blockchain applications, products or solutions.

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“Hyperledger Fabric 1.0 is a true milestone for our community,” said Brian Behlendorf, Executive Director, Hyperledger. “After over a year of public collaboration, testing, and validation in the form of POCs and pilots, consumers and vendors of technology based on Hyperledger Fabric can now advance to production deployment and operations. I look forward to seeing even more products and services being powered by Hyperledger Fabric in the next year and beyond.”

In total, 159 developers from 28 organizations contributed to the effort, including engineers from: Arxan, Cloudsoft, CLS, d20 Technical Services, The Depository Trust & Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term Corporation (DTCC), Digital Asset, Fujitsu, GE, Gemalto, HACERA, Hitachi, Huawei Technologies, Hyperchain, ImpactChoice, IT People, Knoldus, The Linux Foundation, Netease, Passkit, State Street Bank, SecureKey, IBM, SAP, Thoughtworks and Wanda Group. There were also contributions from 35 unaffiliated individuals.

“Hyperledger Fabric is a foundational component of CLSNet – a service we are developing for bilateral payment netting of FX trades. We are very pleased with our collaboration with IBM and the tremendous progress over the past year in developing Hyperledger Fabric to meet the requirements of the wider financial industry. The high standards, attention to quality and rigor with which this open source project has been governed gives us the confidence in Hyperledger Fabric as a DLT platform for large-scale enterprise use cases,” said Tom Zschach, Chief Information Officer, CLS.