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

Role of governance in a business network

Having reviewed the various business models, we can see that the control that each participant has will vary based on that model. By properly understanding the model and the interests of each party, we can create a decision process that makes sense to everyone.

So, while we understand that governance is about the process to reach a decision, should every single business, operational, and technical decision be managed and tracked by the governance process? Some would argue that only important topics should be covered by the governance process, but then what are the important topics? This is the role of a governance model: defining each decision domain and making sure everyone understands the level of ceremony (that is, the formalisms and official processes) to each category of decision. A bug fix to a smart contract may not require much attention, but an upgrade to the blockchain technology may require a heightened degree of focus. Agreeing upfront...