Hyperledger overview

Hyperledger is an open source initiative focused on covering core industry needs with distributed ledger technologies. It's a group program hosted by the Linux Foundation in collaboration with several industry giants in information technology, banking, logistics, transportation, finance, manufacturing, and IoT.

Although cryptocurrency is still struggling to gain trust with several government and corporate bodies, blockchain is being adopted as a key to secure business operations and management technology. Because of the rigid and static nature of Bitcoin, it can't be used for business application purposes. Although Ethereum has the capability of turning up business applications with its smart contracts, because of its permissionless use cases, financial institutions and other critical business operations have hesitated to try the Ethereum blockchain.

Hyperledger is the only distributed ledger technology framework that was built to be granular for businesses that were in...