Latest Technology News Today – Get Latest Information Technology Updates and Services Latest Technology News Today – Get Latest Information Technology Updates and Services 
Blockchain technology was initially used for financial transactions but can be applied to a variety of industries such as e-commerce, healthcare, and supply chain administration. A digital ledger, Blockchain is a decentralized currency and payment system that chronologically and publicly records transactions made in Bitcoin or another Cryptocurrency. Development solutions for blockchain are gaining popularity for secure transactions. 
HyperLedgerFabric
Defined as “a collaborative open source effort created to advance cross-industry blockchain technologies,” the Hyperledger model provides organizations with the option to build and run industry-specific blockchain apps, platforms, and hardware systems to support their own business transactions.
One of the Hyperledger projects hosted by The Linux Foundation is Hyperledger Fabric, which is intended to serve as a basis for the development of modular architecture applications or solutions. Hyperledger Fabric, initially contributed by Digital Asset and IBM as a result of the first hackathon, effectively leverages container technology to host smart contracts called “chaincode” that comprise the system’s application logic. This innovative blockchain framework is designed to solve, among others, business issues related to data privacy, security, and information sharing.
Advantages:
Stability and Predictability
Several firms such as IBM, Intel and Cisco are supporting Hyperledger, making this platform the choice of large firms. This platform provides much – needed stability and predictability in Blockchain’s future given the heavy influence of large companies in development.
Smart Contracts
Fabric allows for smart contracts called “chaincode” like Ethereum.
Private Channels
The distributed ledger and smart contract platform of Fabric enable private channels where you can share data with certain parties in a blockchain network and create a private channel with those participants alone.
Modular Architecture
Taking into account its modular architecture, this Blockchain framework provides enterprise solutions that enable plug-and-play components around consensus and membership services. It announced the release of Hyperledger Fabric 1.0, which claims to be ready for business production.
Openchain
Openchain is an open source distributed ledger technology that is highly suited to organizations seeking robust, secure and scalable management of digital assets. The system is increasing in popularity with customized permissions at different levels. The possible use case scenario includes securities, commodities, as well as currencies such as the dollar or even Bitcoin; ownership titles or licensing software; gift cards and loyalty points. Its key features include smart contract modules, unified API, multiple levels of control, hierarchical account system allowing setting permissions at any level, and multiple Openchain instances replicating from each other.
