Review on Hyperledger Blockchain Training by jesus ruiz
Hyperledger, the Enterprise Blockchain Ecosystem
Founded in December 2015, Hyperledger is an open source community focused on developing a set of stable frameworks, tools and libraries for enterprise-level Blockchain implementations.
It is focused on ledgers designed to support global enterprise transactions and supply chain companies, with the goal of improving many aspects of performance and reliability.
The goals of the project are to concentrate efforts to develop open standards and protocols, as well as provide a modular framework that supports different components for different uses.
This would include a variety of blockchains with their own consensus and storage models, and services for identity, access control, and contracts.
It is very important to note that any commercial network that records transactions and cannot rely on a central proxy that everyone has to trust, and for which those ledgers must be immutable, can be remade through Blockchain technology.
For example if you were to apply for a Bank loan, you can share only the information that the bank needs to make a decision, in a way that ensures the veracity of the information provided and builds confidence in the lender and satisfies the pressures of regulators.
Another example, applied in medical practice, of using Hyperledger with the help of Blockchain technology, comes to reduce one of the big hassles when doing credentialing to make sure your doctors are competent and trustworthy. Credentialing is how the hospital performs physician selection and placement.
In addition to the examples described, Blockchain technology can be used in the supply chain, because there are so many transactions between parties (supplier, logistics, wholesaler, retailer) and because a supply chain can be very fragmented, it can be difficult to track the provenance and location of materials in the supply chain. Significant improvements can be achieved in terms of more efficient and accurate transaction processing.
Pros
- Hyperledger can implement its protocol to any company that requires it.
- Guarantees the veracity of the information provided and generates trust among its customers.
- Helps companies make reliable decisions based on data acquired from the Blockchain.
Cons
- none at this time
