Book Image

Hands-On Blockchain with Hyperledger

By : Nitin Gaur, Luc Desrosiers, Venkatraman Ramakrishna, Petr Novotny, Salman A. Baset, Anthony O'Dowd
Book Image

Hands-On Blockchain with Hyperledger

By: Nitin Gaur, Luc Desrosiers, Venkatraman Ramakrishna, Petr Novotny, Salman A. Baset, Anthony O'Dowd

Overview of this book

Blockchain and Hyperledger technologies are hot topics today. Hyperledger Fabric and Hyperledger Composer are open source projects that help organizations create private, permissioned blockchain networks. These find application in finance, banking, supply chain, and IoT among several other sectors. This book will be an easy reference to explore and build blockchain networks using Hyperledger technologies. The book starts by outlining the evolution of blockchain, including an overview of relevant blockchain technologies. You will learn how to configure Hyperledger Fabric and become familiar with its architectural components. Using these components, you will learn to build private blockchain networks, along with the applications that connect to them. Starting from principles first, you’ll learn to design and launch a network, implement smart contracts in chaincode and much more. By the end of this book, you will be able to build and deploy your own decentralized applications, handling the key pain points encountered in the blockchain life cycle.
Table of Contents (20 chapters)
Title Page
Copyright and Credits
Packt Upsell
Foreword
Contributors
Preface
Index

Analyzing the letter of credit process


At the core of the business network is a business network definition that contains the formal description of assets, participants, transactions, and events. We're going to examine this for the letter of credit application. By the end of this chapter, you'll be able understand how the network is implemented and accessed by the application. Moreover, you'll have the knowledge to build your own network and applications that consume it.

The Playground

If you move to the next tab in the demo, you'll find the Hyperledger Composer Playground has been opened for you:

The Playground is a tool that will allow you to investigate the business network. The initial view of Playground contains a wallet full of business network cards. Just like a real wallet, these cards allow you to connect to different networks. When you use a particular card to connect to a network, you act as a different participant. This is useful for testing the network. Let's connect to the network...