Book Image

Blockchain Development with Hyperledger

By : Salman A. Baset, Luc Desrosiers, Nitin Gaur, Petr Novotny, Anthony O'Dowd, Venkatraman Ramakrishna, Weimin Sun, Xun (Brian) Wu
Book Image

Blockchain Development with Hyperledger

By: Salman A. Baset, Luc Desrosiers, Nitin Gaur, Petr Novotny, Anthony O'Dowd, Venkatraman Ramakrishna, Weimin Sun, Xun (Brian) Wu

Overview of this book

Blockchain and Hyperledger are open source technologies that power the development of decentralized applications. This Learning Path is your helpful reference for exploring and building blockchain networks using Ethereum, Hyperledger Fabric, and Hyperledger Composer. Blockchain Development with Hyperledger will start off by giving you an overview of blockchain and demonstrating how you can set up an Ethereum development environment for developing, packaging, building, and testing campaign-decentralized applications. You'll then explore the de facto language Solidity, which you can use to develop decentralized applications in Ethereum. Following this, you'll be able to configure Hyperledger Fabric and use it to build private blockchain networks and applications that connect to them. Toward the later chapters, you'll learn how to design and launch a network, and even implement smart contracts in chain code. By the end of this Learning Path, you'll be able to build and deploy your own decentralized applications by addressing the key pain points encountered in the blockchain life cycle. This Learning Path includes content from the following Packt products: • Blockchain Quick Start Guide by Xun (Brian) Wu and Weimin Sun • Hands-On Blockchain with Hyperledger by Nitin Gaur et al.
Table of Contents (25 chapters)
Title Page
Copyright
About Packt
Contributors
Preface
Index

Governance structure


So far, we have covered the various business models, looked at the impact of centralization versus decentralization, and explored the various kinds of decisions, along with the roles and responsibilities required to support those decisions.

We will now see how organizations have been structuring themselves to provide a coherent approach that deals with the different levels of focus that decision makers will have, depending on their role.

While the presentation of centralized and decentralized governance will appear very distinct from each other, in real applications there are shades of grey, where some functions may be centralized and others decentralized. Again, much of this will have to do with the business model and imperatives driving the network.

Centralized governance

While a network may adopt centralized or decentralized governance, each organization will also have their own mechanism to control who makes decisions. Typically, organizations will rely internally on...