Hyperledger as a protocol

Hyperledger is aiming to build a new blockchain platform that is driven by industry use cases. As there have been number of contributions made to the Hyperledger project by the community, Hyperledger blockchain platform is evolving into a protocol for business transactions. Hyperledger is also evolving into a specification that can be used as a reference to build blockchain platforms as compared to earlier blockchain solutions that address only a specific type of industry or requirement. In the following section, a reference architecture is presented that has been published by the Hyperledger project. As this work is under continuous and rigorous development some changes are expected in this, but core services are expected to remain unchanged.

Reference architecture

Hyperledger has published a white paper with reference architecture that can serve as a guideline to build permissioned distributed ledgers. The reference architecture consists of two main components:...