Hyperledger Fabric is an open-source framework designed for building enterprise-grade blockchain solutions. Initially developed by the Linux Foundation, it focuses on providing a modular architecture that allows users to create private and permissioned networks.One of its key features is the ability to create smart contracts, which are self-executing agreements with predefined terms. This enables businesses to automate processes and improve efficiency in transactions. Hyperledger Fabric supports multiple consensus mechanisms, allowing organizations to select the one that best fits their needs, ensuring flexibility and scalability.Another important aspect is its support for privacy. Unlike traditional blockchains where all transactions are visible to the public, Hyperledger Fabric allows for confidential transactions between known participants. This makes it particularly appealing for industries that require data security, such as finance, healthcare, and supply chain management.Overall, Hyperledger Fabric offers a robust platform for organizations looking to leverage blockchain technology while maintaining control over their data and ensuring compliance with regulatory requirements.
Russia Grants Banks Limited Approval to Handle Cryptocurrencies
Russian banks will be allowed to conduct cryptocurrency operations under strict conditions, the Central Bank announced Friday, marking a cautious