Surely, everyone has heard the words Ethereum and Bitcoin. Being part of the blockchain world, they have attracted worldwide attention through extensive media coverage. In general, blockchain technology has gained business interest due to its decentralized, unchanging and transparent nature. Hyperlaser is one of the other notable projects that has emerged in recent years.
What is a hyperlaser?
HyperLaser is an open source project on blockchain and related tools hosted by the Linux Foundation. It was created in 2015 and aims to advance cross-industry blockchain technology. HyperLaser does not support cryptocurrency and does not represent cryptocurrency networks or traditional blockchain systems.
So what is hyperlaser for? The project seeks to make it easier for developers, and enterprises work on adopting blockchain. It provides the necessary standards and infrastructure for the development and implementation of blockchain solutions in various industries.
Hyperledger’s structure in depth
The HyperLaser project can be imagined as the foundation with open source development tools and a house with library and modular framework under the roof.
One of the most widely used digital lasers is called hyperlaser fabric. It is an approved blockchain infrastructure that serves as the basis for creating apps or solutions with modular architecture.
Hyperlaser Besu is an Ethereum client designed for corporate and public use of authorized networks. The next framework is HyperLaser Burroughs smart agreement and it represents a complete single-binary blockchain distribution that supports EVM and WASM.
Hyperlaser Indie can operate autonomously or even interact with other blockchains. Indie was created specifically for a decentralized identity. Iroha is a hyperlaser easy to use modular distributed platform. The framework includes a role-based permission model and multi-signature support. Iroha is designed for digital asset management systems and is used to manage identity and serialized data. As part of the hyperlaser system, there is no cryptocurrency.
Digital Laser Hyperledger Sawtooth offers a modular architecture where you can specify business rules for applications without knowing the underlying design of the smart contract system. Sawtooth uses the Python programming language, and it simplifies the installation and maintenance of the ultimate software.
Hyperlaser application compared to other corporate solutions
Let’s take a look at the differences between conventional web portals and blockchain-based solutions. The former lacks speed, security, and traceability, while the blockchain offers high speeds of transactions and improved security provided by smart contracts and encryption. In the case of Hyperledger dApp in particular, they differ in their ability to handle complex business processes in a matter of hours.
When it comes to unauthorized blockchain solutions and approved hyperlaser apps, there are several major differences. Unauthorized blockchain solutions refer to zero control, allow anonymous cryptographic identification, and typically represent the public system in a shared laser. Fake tracking is code-based and it is impossible to change transactions.
Hyperlaser applications are both public and private systems where workflow is overseen by regulators. The participants in the HyperLaser app are real and identifiable, and the identity of the transaction is also trackable.
All in all, the hyperlaser guarantees tamper-proof data exchange and the cryptographic validity of the terms and conditions of the contract. Enriched with a toolkit platform and framework that can be chosen according to the characteristics of the business. Ultimately, solution implementation will help consolidate databases, increase performance and scalability, reduce the risk of fraud, protect sensitive data, and streamline ROI.
Hyperledger is ready for adoption
HyperLaser has already entered multiple fields, such as supply chain management, retail, healthcare, fintech, IoT, banking and manufacturing. Companies using the technology include Walmart, Amazon, Nestle, Visa, Marsk, Postal Savings Bank of China and others.
To start your enterprise innovation by adopting hyperlaser you need to choose a suitable hyperlaser development company that will design a custom solution to address your business challenges.