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

Business domains and processes

In this section, we will look at the scope of processes that a governance model should aim to address. Each of these areas of decisions should be considered by any network to avoid bad surprises. Not every decision needs to be bound by a formal process, but considering these elements will avoid bad surprises down the road.

Membership life cycle

As we know, a blockchain network is meant to be fully decentralized. Thus, the expansion of participants is a normal thing that we would expect to see in a healthy network.

However, since this is an enterprise-grade network that is subject to rules and regulations, there are things that need to be established upfront during network formation and the on-boarding of new participants:

  • Who owns the privilege to invite organizations to the network? This should include considerations as to who can submit a proposal to create a new organization, but should also include considerations for channel-level invitation. Are there privacy...