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Hyperledger and its unique project are growing every day. As of this writing, it has 190 member companies and several blockchain applications. Hyperledger’s first few projects include Fabric, Iroha, and Sawtooth. These are frameworks that developers can use to build private blockchains, create smart contracts, and build distributed identity for people and things.

This chapter shows you how to create an asset tracking and a smart auction application using Hyperledger’s Composer tool and introduces you to the Fabric, Iroha, and Sawtooth projects. You’ll gain a deep understanding of what the future of commercialized blockchain will hold for your company and industry. This knowledge can help you as you explore which technologies to utilize and which to avoid, saving you development time and resources.

At the end of 2015, the Linux Foundation formed the Hyperledger project to develop an enterprise-grade and open-source distributed ledger framework. They hoped to focus the blockchain community on building robust, industry-specific applications, platforms, and hardware systems to support businesses.