By
Silvia Ivanova
April 8, 2020
5 Min Read
Hyperledger Fabric is an enterprise-grade, distributed ledger platform developed under the Linux Foundation umbrella. Its widely adopted private blockchain framework is created and further developed for the benefit of enterprises. Among other benefits, it helps making data transfer between businesses more efficient and transparent. Being flexible and agile, the system allows businesses to add different functionalities and personalize them to their needs.
This distributed ledger framework offers extensibility and versatility for a broad set of industry use cases. The modular architecture of Hyperledger Fabric suite accommodates the diversity of enterprise use cases through plug-and-play components, such as consensus, privacy, and membership services.
The main goal in blockchain and distributed ledgers is enabling decentralized information systems to make processes more secure, trusted, cost-efficient, and sustainable. Working on a shared network allows companies to access the same information in a more secure way, without the need for intermediaries and without the need to spend additional time and effort to process and validate the information.
Translated into real business benefits this means cost reductions, great process improvements, risk reduction, greater assets tracking and predictability, data aggregation, connected markets, and new revenue and business models.
LimeChain is specialized in helping businesses of any size and industry design, build and scale Blockchain & DLT Solutions using Hyperledger technologies. We are specialized in building Blockchain solutions, providing a full spectrum of development & consulting services that result in comprehensive, user-friendly solutions that drive our clients' business forward. We have been a trusted partner to over 100+ Enterprises and Blockchain entrepreneurs, helping them adopt the newest technologies to optimize processes, remove bottlenecks, adapt, innovate and lead through Blockchain & DLT solutions.
Check this article to see how Hyperledger compares to other Enterprise Blockchain Platforms - Enterprise Blockchain Platforms – Current state and Further Development.
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