Till now, we have talked about public blockchains and are standing in the market.
All these public blockchains allow the users to create private chains but don't offer the functionalities
of identity management.
Soon the industries and governments around the world realize the same as Bitcoin.
Ethereum and neo blockchains are not suitable for maintaining user identities.
This led to the creation of commercial blockchain solutions such as Hyperledger.
Hyperledger is an open source software created by the Linux Foundation in 2015 to support the enterprise
needs for the blockchain.
Currently, Hyperledger has a global collaboration with different industries such as IBM, Linux Foundation,
Intel, Soramitsu and some significant banks.
In order to form a concrete blockchain solution.
This can help different industry sectors such as finance, Internet of Things, supply chain manufacturing
and technology sector to get on with the blockchain solution on Hyperledger is hosting multiple projects
for building private blockchain solution.
Hyperledger Fabric is one of the major projects supported by IBM and is currently being employed industry
wide across Walmart.
Hyperledger does not offer the creation of cryptocurrencies over blockchain.
What does Hyperledger provide?
The creation of private blockchain solutions with smart contracts and managing identities of the users.
Hyperledger is one of the strongest projects right now.
Currently, Hyperledger is being utilized to solve problems related to supply chain in significant industries
like Nestlé, Walmart and Bank of Monte Carlo, where Hyperledger solution is employed for tracking
of all their products.
Even McDonald's and London Exchange Group have started working with Hyperledger Blockchain.