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Hyperledger Consortium Releases First Blockchain Platform

The Hyperledger consortium has today announced the release of its first blockchain platform, in a landmark move for the group and the wider blockchain development space.

The Linux-led open source project has today announced that its Fabric 1.0 platform has reached a production-ready state, and can now be used effectively by organizations looking to develop applications for the blockchain.

The development represents a significant step forward for the consortium, which draws on efforts from over 100 different companies to provide frameworks for the development of blockchain projects.

But while today marks the formal release of the Fabric 1.0 protocol, hundreds of proof-of-concept applications have already been developed on the technology throughout its various stages of development.

For those applications already developed on the platform, the release of the 1.0 code will require a minimal upgrade. For developers hoping to develop on the protocol, the formal production release marks the first stable, complete version of the Hyperledger package.

The Hyperledger consortium draws on expertise from a diverse group of organizations, all with a personal stake in the development of specific use cases for blockchain technology. Contributors include IBM, American Express, Daimler, Airbus, JP Morgan and Intel.

Rob Palatnick, from founding member DTCC, said that the release of 1.0 marks a significant development in the journey of Hyperledger toward providing a workable platform for further blockchain development.

"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."

While Fabric is the first major protocol from Hyperledger to reach this stage of its development, it is far from alone, with several other of the 145 members offering their own open source contributions thus far.

Intel’s Sawtooth project is one strand of Hyperledger’s work, which aims to provide a platform for smart contract development for the ethereum blockchain, while the Sovrin Foundation has offered up its Indy platform, designed to help with blockchain identity.

With the Fabric protocol now publicly released, an increasing number of developers will now be looking to the technology to provide the basis for their applications.

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