Hyperledger frameworks with a special focus on Hyperledger Fabric
Abstract
Introduction/purpose: The Blockchain market is a developing market, and many industries are increasingly aware of the importance of having and implementing Blockchain due to changing business conditions. After an introductory consideration of the Blockchain concept, the article focuses on the projects under the Linux Hyperledger Initiative, with particular reference to Hyperledger Fabric, notably on the concepts, architecture, organizational focus, private channels and smart contracts, as well as flow of transactions in the Hyperledger Fabric network. In the last, practical part of the paper, we presented a simulation of a business network and created a simple application for money exchange using the Hyperledger Fabric framework. The aim of the paper is to present the Hyperledger frameworks and highlight all the details of Hyperledger Fabric in order to determine whether its application in practice is justified.
Methods: Basic methods (analysis, synthesis, deduction, induction, concretization, generalization) as well as general-scientific methods (analytical-deductive and comparative) were used.
Results: All relevant features of Hyperledger Fabric were considered, a blockchain business network based on it was built, and an application for cash exchange through the network was created.
Conclusion: Hyperledger Fabric is the most comprehensive and the most flexible Hyperledger framework with the largest number of use cases.
References
Belotti, M., Božić, N., Pujolle, G., & Secci, S. 2019. A Vademecum on Blockchain Technologies: When, Which and How. IEEE Communications Surveys & Tutorials, 21(4), pp.3796-3838. Available at: https://doi.org/10.1109/COMST.2019.2928178.
-Blockstuffs. 2018. Introduction of Hyperledger, its projects and tools [online]. Available at: https://www.blockstuffs.com/blog/introduction-of-hyperledger-its-projects-and-tools [Accessed: 02 April 2020].
Boaventura, A. 2018. Getting to know Oracle Autonomous Blockchain Cloud Service - Part 1 -Working with Provisioning Interface [online]. Available at: https://medium.com/oracledevs/getting-to-know-oracle-autonomous-blockchain-cloud-service-working-with-provisioning-interface-fb3be5179daf [Accessed: 05 April 2020].
Dhillon, V., Metcalf, D., & Hooper, M. 2017. Blockchain Enabled Applications: Understand the Blockchain Ecosystem and How to Make it Work for You. New York, NY: Apress.
Gajić, D., 2018. Šta je Hyperledger i kako vam može pomoći u razvoju Blockchain aplikacija [online]. Available at: https://startit.rs/sta-je-hyperledger-i-kako-vam-moze-pomoci-u-razvoju-Blockchain-aplikacija/ (in Serbian) [Accessed: 21 March 2020].
Hill, B., Chopra, S., & Valencourt, P. 2018. Blockchain Quick Reference. Birmingham, UK: Packt Publishing.
-Hyperledger. 2018. Hyperledger Architecture, Volume II Smart Contracts. 2018. [online]. Available at: https://www.hyperledger.org/wp-content/uploads/2018/04/Hyperledger_Arch_WG_Paper_2_SmartContracts.pdf [Accessed: 21 March 2020].
-Hyperledger. 2020a. Hyperledger Burrow [online]. Available at: https://www.hyperledger.org/projects/hyperledger-burrow [Accessed: 29 March 2020].
-Hyperledger. 2020b. Hyperledger Sawtooth [online]. Available at: https://www.hyperledger.org/projects/sawtooth [Accessed: 29 March 2020].
-Hyperledger. 2020c. Peers [online]. Available at: https://hyperledger-fabric.readthedocs.io/en/release-1.4/peers/peers.html [Accessed: 04 April 2020].
-Hyperledger. 2020d. Hyperledger Blockchain Technologies for Business [online]. Available at: https://www.hyperledger.org/wp-content/uploads/2018/10/Hyperledger_DataSheet_10.18_Web-2.pdf [Accessed: 04 April 2020].
Hyperledger-fabricdocs Documentation. 2019. [e-book]. Hyperledger. Available at: https://buildmedia.readthedocs.org/media/pdf/hyperledger-fabric/release-1.2/hyperledger-fabric.pdf [Accessed: 04 April 2020].
-IBM Global Business Services. 2019. Blockchain: Emerging Use Cases for Insurance [online]. Available at: https://www.the-digital-insurer.com/wp-content/uploads/2019/02/1409-Blockchain-Emerging-Use-Cases-for-Insurance.pdf [Accessed: 29 March 2020].
Kuhrt, T. 2019. Hyperledger Caliper [online]. Available at: https://wiki.hyperledger.org/display/caliper/Hyperledger+Caliper [Accessed: 02 April 2020].
Kulkarni, S. 2019. Exploring Transaction Flow in Hyperledger Fabric [online]. Available at: https://opensourceforu.com/2019/01/exploring-transaction-flow-in-hyperledger-fabric/ [Accessed: 07 April 2020].
Mamun, M. 2018. How does Hyperledger Fabric works [online]. Available at: https://medium.com/coinmonks/how-does-hyperledger-fabric-works-cdb68e6066f5 [Accessed: 04 April 2020].
Minović, M. 2017. Blockchain technology: usage beside cripto currencies. In: Infotech 2017: ICT conference & exhibition, Arandjelovac, Serbia, June 7-8. Available at: http://infotech.org.rs/pdf/011.pdf (in Serbian) [Accessed: 02 April 2020].
Nasir, Q., Qasse, I.A., Abu Talib, M., & Nassif, A.B. 2018. Performance Analysis of Hyperledger Fabric. Security and Communication Networks Platforms, 2018, Article ID 3976093. Available at: https://doi.org/10.1155/2018/3976093.
Pavlović, R. 2018. New Tendencies of Blockchain Technology in Insurance with a Potential Greater Than Bitcoin Mining. In: SorS 2018: 29. susret osiguravača i reosiguravača, Sarajevo, B&H, pp.239-255, June 6-8. Available at: https://brankopavlovic.rs/documentation/SORS2018.pdf (in Serbian) [Accessed: 02 April 2020].
Piljan, T., Piljan, I., & Cogoljević, D. 2018. Uticaj Blockchain tehnologije na osiguranje. Vojno delo, 70(2), pp.360-373 (in Serbian). Available at: https://doi.org/10.5937/vojdelo1802360R.
Suprunov, P. 2018. 5 Hyperledger Projects In Depth [online]. Available at: https://medium.com/practical-blockchain/5-hyperledger-projects-in-depth-3d14c41f902b [Accessed: 27 March 2020].
Verhoelen, J. 2018. An overview of Hyperledger blockchain projects [online]. Available at: https://blog.codecentric.de/en/2018/03/blockchain-project-hyperledger/ [Accessed: 30 March 2020].
Proposed Creative Commons Copyright Notices
Proposed Policy for Military Technical Courier (Journals That Offer Open Access)
Authors who publish with this journal agree to the following terms:
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).