Built by Linux Foundation with IBM’s involvement in 2015, Hyperledger is the backbone of many blockchain enterprise systems. It was originally created with a goal to make collaboration between multiple businesses more efficient.
Hyperledger offers the “umbrella” strategy, incubating and promoting a vast number of business blockchain technologies, frameworks, libraries, interfaces, and applications.
According to the official statement on the platform’s website,
“Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology.”
Some of the top practical advantages of choosing Hyperledger as your enterprise blockchain solution include permissioned membership (Hyperledger is a permissioned network, where all participants have known identities), performance, scalability and levels of trust, as well as protection of digital keys and sensitive data (this feature is especially valued by financial institutions for protection of customer information and other sensitive documentation).
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Openledger delivers the blockchain services and custom blockchain development that powers real business transformations.
Create new business tools based on revolutionary decentralized networks that change your industry forever.