Hyperledger, a collaborative cross-industry effort created to advance blockchain technology, announced today the general availability of Hyperledger Fabric 1.0.
Hyperledger Fabric offers a modular architecture allowing components, such as consensus and membership services, to be plug-and-play. It leverages container technology to host smart contracts called “chaincode” that comprise the application logic of the system. Just 16 months ago, Hyperledger Fabric became the first of the eight Hyperledger projects to be incubated. Hyperledger Fabric was also the first of the Hyperledger projects to exit incubation to “Active” status in March, after a year in incubation.
The efforts around Hyperledger Fabric have grown into a true, vibrant community including engineers from: Arxan, Cloudsoft, CLS, d20 Technical Services, The Depository Trust & Clearing Corporation (DTCC), Digital Asset, Fujitsu, GE, Gemalto, HACERA, Hitachi, Huawei Technologies, Hyperchain, ImpactChoice, IT People, Knoldus, The Linux Foundation, Netease, Passkit, State Street Bank, SecureKey, IBM, SAP, Thoughtworks and Wanda Group. There were also contributions from 35 unaffiliated individuals. In total, 159 developers have contributed to Hyperledger Fabric.
Hyperledger aims to create common distributed ledger technology that enables organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions. The project has grown to more than 145 members since its inception, spanning various industries including finance, healthcare, the Internet of Things, credit card services, supply chain and aeronautics, among several others.
“I am so proud to be a part of the diverse community that came together to help birth Hyperledger’s first 1.0 project: Hyperledger Fabric 1.0. Of course, it doesn’t end here. There’s plenty more work to be done, more collaboration and more innovation on tap from all of the Hyperledger projects.” – Chris Ferris, Chair of Hyperledger’s Technical Steering Committee, CTO of Open Technologies, IBM
“Long before I was nominated as co-release manager of Hyperledger Fabric 1.0 or even as a maintainer, we at HACERA, felt we should share our blockchain, crypto and financial markets expertise to contribute to such a promising open-source project. Even though we have worked with Bitcoin’s blockchain and Ethereum since the early days, enterprises are very different. Different industries have different regulatory requirements and business needs. It was a privilege to manage a release built by 28 companies who allocated over 150 engineers; we have learned so much from each other. This has motivated us, at HACERA, to build HACERA Kore – a framework allowing participants and organizations to seamlessly secure and protect sensitive data and information on blockchains. I am confident these technologies will enable more enterprises to unlock the potential of blockchains, even in highly regulated markets. ” – Jonathan Levi, Founder of HACERA, Hyperledger Fabric maintainer and a co-release manager of Hyperledger Fabric 1.0
“As a member of the Hyperledger community, DTCC is a strong advocate of open source software. The Hyperledger Fabric 1.0 release marks a significant milestone in the evolution of enterprise DLT technology and represents another step forward in making DLT adoption across critical sectors a reality.” – Rob Palatnick, Managing Director and Chief Technology Architect, DTCC
“I am delighted to see Hyperledger Fabric V1.0 released. It is a great pleasure for me to contribute to a significant step for the wider and practical application of blockchain technology for enterprise level and to support improvement and launch of innovative blockchain platform. Hitachi continues to contribute to Hyperledger community and to provide blockchain solutions for various industries.” – Nao Nishijima, Researcher, Hitachi’s Financial Innovation Laboratory
“Hyperledger Fabric is a foundational component of CLSNet – a service we are developing for bilateral payment netting of FX trades. We are very pleased with our collaboration with IBM and the tremendous progress over the past year in developing Hyperledger Fabric to meet the requirements of the wider financial industry. The high standards, attention to quality and rigor with which this open source project has been governed gives us the confidence in Hyperledger Fabric as a DLT platform for large-scale enterprise use cases.” – Tom Zschach, Chief Information Officer, CLS
“As a founding member of the Hyperledger community, ANZ is excited to be using Hyperledger Fabric 1.0 in its latest customer PoC, which has enabled the digitisation of the bank guarantee (or SBLC as they are known in the US) for property companies in Australia. The emergence of Fabric 1.0 has allowed ANZ to build a sophisticated multi-party solution for digitising, securing and managing these otherwise paper documents and to solve a range of legacy problems for our customers, both tenant and landlord. Version 1.0 brings the technology a step closer towards the flexible, scalable and secure DLT fabric needed by a broad range of industry grade use cases, and a step closer towards mainstream adoption.” – Nigel Dobson, GM Wholesale Digital, Digital Banking, ANZ Banking Group Limited.
“The Hyperledger Fabric 1.0 release is a major step towards production-ready DLT Blockchain implementations, heavily demanded by our customers and partners. IntellectEU has built proofs of concept with Hyperledger Fabric for document management and authentication, KYC/identity management, supply chain transparency and provenance tracking, smart correspondent banking and central bank use cases. The Hyperledger Fabric 1.0 release gives us the opportunity to move the projects towards pilot and eventually production implementations. I would like to acknowledge the entire Hyperledger development community and Hyperledger TSC who worked tirelessly to make this a reality.” – Hanna Zubko, Co-founder and CEO, IntellectEU Inc.
“After building solutions on both Ethereum and Hyperledger Fabric 1.0, we found Fabric to be the superior platform for enterprise-grade blockchain applications. Since Hyperledger Fabric was designed to meet key requirements for permissioned blockchains with transaction privacy and configurable policies, we’ve been able to build solutions quickly and flexibly. Hyperledger Fabric lets our team spend more time focusing on our clients’ business requirements and less on finding technical workarounds.” – Mohan Venkataraman, CTO, IT People Corporation
“We view Hyperledger Fabric as the ideal platform for integrating the benefits of blockchain with existing enterprise software solutions. As an early adopter of Hyperledger Fabric, we witnessed the open-source/open-governance software development from the early days of version 0.6 to the recent version 1.0 release candidate. We are impressed by the completeness and sophistication of the architecture and believe it will be the fundamental platform for large scale blockchain deployment in the enterprise.” – Eric Vaughn, Co-founder and CTO at BlocLedger
“Hyperledger Fabric is strongly tailored to enterprise customers, and offers a range of identity management solutions which integrate with industry-standard domain authority and enterprise trust systems. Whilst public blockchains focus on ‘trustless’ networks, Hyperledger is specifically tailored to meet the needs of business customers and is easily integrated into existing systems with a minimum of effort and complexity.” – Sam Pospischil, Software Engineer, Everledger
“At Huawei, we’ve been working with Hyperledger Fabric and collaborating with the larger community for quite some time. Over the past several months, the project has made great progress with all the contributors’ efforts. Hyperledger Fabric 1.0 has several exciting features and is leading the direction of blockchain technology in the enterprise. We look forward to seeing all the production deployments and use cases powered by Hyperledger Fabric in the future.” – Yaoguo Jiang, Research Engineer, Huawei
“Hyperledger Fabric 1.0 is an important milestone in the evolution of distributed ledger technologies. Hyperledger is designed for service delivery transformation at scale, with unique data-integrity, security and privacy capabilities. Any business that depends on network effects for success will be well served by the develop-deploy-onboard-operate-monitor capabilities that are baked into the platform.” – Andre Boysen, Chief Identity Officer, SecureKey Technologies
“As one of the first startups to join Hyperledger, Loyyal is excited to be a founding user of Hyperledger Fabric 1.0. Our existing and prospective clients’ overwhelming preference for Hyperledger Fabric confirms its strong market position. We look forward to continuing to assist in the development and market adoption of Hyperledger Fabric through the Loyyal platform, the world’s first blockchain-based universal loyalty network.” – Gregory Simon, CEO and Founder, Loyyal