Know About Private Blockchain – Hyperledger Fabric

Blockchain technology is transforming every industry in an economy, and innovations are taking place to increase business efficiency in a competitive and global economy. To apply the blockchain technology, various experimentation is taking place with business structures and model. Out of which Hyperledger projects by Linux foundation is spearing the blockchain market ground the most. The bitcoin-based blockchain is a public ledger in which anyone can participate to exchange cryptocurrencies, but for a large enterprise, only trading cryptocurrency and storing transactions are not enough because large enterprises are information sensitive and require privacy in sharing information. That is why Hyperledger projects came into existence in 2015.