Blockchain technology is growing fast, and revolutionizes businesses and changes the way business transactions are done. It alters the model of how multi-party transactions are performed by enabling a shared, immutable ledger for recording the history of transactions among the parties in a business network. Organizations can now leverage blockchain to drive greater efficiency and improve trust in existing business networks.
Hyperledger, an open source collaborative effort to advance cross-industry blockchain technologies, is hosted by The Linux Foundation®. IBM provides blockchain solutions and services leveraging Hyperledger technologies, including Hyperledger Fabric and Hyperledger Composer. Hyperledger Fabric is a blockchain framework implementation.
For developing any blockchain use case, the first step is to have a development environment to create and deploy the blockchain application. Our new developer code pattern “Deploy Hyperledger Fabric network on IBM Cloud” will help you to setup a blockchain network running Hyperledger Fabric 1.0. A Hyperledger Fabric network can be set up in multiple ways, including using Docker Compose; using IBM Blockchain Platform, a flexible software-as-a-service offering hosted on IBM Cloud; and using Kubernetes APIs on IBM Cloud.
In our code pattern, we explain the steps involved in setting up your blockchain network on Hyperledger Fabric using Kubernetes APIs on IBM Cloud. The pattern provides an automated script to quickly deploy your network on the IBM Cloud. Cloud-hosted Hyperledger Fabric network using Kubernetes APIs can be leveraged for easier collaboration among team members.
Blockchain technology presents myriad opportunities for continued innovation. It enables global business transactions with less friction and more trust, so check out our new pattern and start experimenting!