Ethereum & HyperLedger – Anusham Sriram – Medium
The concept of Ethereum is to work like as if there is only one powerful computer across the world.
This will certainly slow down the process. That’s not an issue. Ethereum was built not to work fast, but provide trustful environment for everyone to conduct business.
These programs that do certain tasks when triggered are called smart contracts.
This feature is what makes blockchain technology extend it’s scope from financial transactions to anything.
There is another platform called “HyperLedger”. This is a Linux Foundation initiative where IBM, Intel, and many other companies have participated.
There are few platforms that are part of Hyperledger now. Most notably, IBM’s HyperLedger Fabric and Intel’s Hyperledger Sawtooth.
HyperLedger Fabric is designed to be used in the business environment. It enables businesses to create permission-based blockchain networks.
This means, the network creator — business in question here — can tell who can join its network and what they can see and act on.
This provides the necessary confidentiality that businesses need.
I am interested in building solutions which are both private and public. You can compare this with Public Cloud and Private Cloud.
I will be writing more about these platforms. There fundamentals, technical architecture, writing and deploying smart contracts, integrating with other apps etc. etc.,
Do follow me if you are interested in this.