The Linux Foundation has published the first production ready version of Hyperledger Fabric. The tool is designed to build blockchain distributed ledger business networks.
Hyperledger Fabric 1.0 can be a foundation for developing blockchain applications, products and solutions. Developers can create a secured electronics ledger using the tool.
Hyperledger Fabric 1.0 is available to be used by developers to create an immutable, secure electronic ledger in various industries. The non-profit foundation wants users to leverage the tool for creating business networks like smart contract technology.
Fabric 1.0 is well-optimised to build solutions in financial services and healthcare industry. It is also possible to create a system that validates electronic patient records. Brian Behlendorf, the director of Hyperledger, believes that the new Hyperledger Fabric version will substantially help in both these use cases.
Blockchains created with Fabric can be encrypted to offer a high level of security. Moreover, the new Hyperledger Fabric framework offers a modular architecture to help developers plug-and-play components.
The latest development has been thoroughly tested in 28 member organisations of Hyperledger. If blockchains are adopted on a large scale, the new tool can save billions of dollars of the development industry. Companies like IBM and SAP are supporting the ongoing movement to bring blockchains to mainstream.