Hyperledger Fabric is a blockchain framework that offers modular architecture, enabling enterprises to scale their blockchain networks as per their specific requirements. It is a permissioned blockchain infrastructure, focusing on flexibility and scalability. Hyperledger Fabric is particularly well-suited for enterprise use cases that prioritize privacy, confidentiality, and permissioned network access.
Blockchain, the category to which Hyperledger Fabric belongs, is a distributed ledger technology that allows secure digital transactions across a decentralized network. Unlike public blockchains like Bitcoin, Hyperledger Fabric is designed for private or consortium networks where participants are known to each other.
Hyperledger Fabric was launched by the Linux Foundation in December 2015 as one of the Hyperledger projects, with the aim of advancing cross-industry blockchain technologies. The motivation behind its creation was to provide a framework that could address specific requirements of enterprise use cases, such as permissioned access, scalability, and confidentiality.
In terms of current market share, Hyperledger Fabric is a leading permissioned blockchain framework, widely adopted by enterprises for various applications ranging from supply chain management to financial services. Its market share is projected to grow in the future as more companies embrace blockchain technology for enhancing security and transparency in their operations. With ongoing developments and collaborations within the Hyperledger community, Hyperledger Fabric is likely to remain a key player in the enterprise blockchain space.
