Hyperledger Sawtooth is Ready for Business

Intel’s "Hyperledger Sawtooth" version 1.0 released
30 January 2018   1483

Today it was revealed that Hyperledger Sawtooth is officially ready for enterprise use. It is now also the second open-source blockchain platform after Hyperledger Fabric.

With the release, Sawtooth marks the business debut of a new consensus mechanism called “proof-of-elapsed-time” (PoET). So, instead of having the participants to solve a cryptographic puzzle, the algorithm uses special processor instructions to ensure new blocks are produced randomly like a lottery; no work required. Potentially, anybody with the CPU that supports new instruction is eligible to be part of the consensus process, and it is very energy-efficient.

This very instruction also provides hardware security solutions for enterprises that want to integrate Sawtooth into its business line. Thus, Intel delivers a balance between utilizing the strengths of a public blockchain with transaction volume and enterprise security demands.

The final version also supports Solidity smart contract language, along with Go, Javascript, Python. Among the early companies who already use Hyperledger Sawtooth are Huawei, T-Mobile and Amazon.

As for the reactions on social networks, some Twitter users were sarcastic: @MadBitcoins said “How is this breaking?”; and @kgorin said “Does it leak memory too?”. Some were optimistic: @minigin_courses said “Sweet!!!! $btc #Bitcoin”.

Hyperledger to Release New Framework Grid

New framework is designed for mature businesses standards implementation
25 January 2019   294

The Hyperledger consortium introduced the Grid framework for developers of blockchain supply chain solutions.

Hyperledger platforms are flexible by design, but, as such, do not speak the language of any business or have opinions on how basic data types should be stored. In reality, enterprise business systems and market models are actually quite mature, as organizations have been transacting electronically based on common standards for decades.  Grid will provide a place for implementations of these standards and norms.
 

Hyperledger Team

Hyperledger Grid
Hyperledger Grid

The initiative has already been supported by Cargill, Intel and Bitwise IO.

Previously, the Hyperledger technical steering committee approved the Ursa project, a modular cryptographic library for solution developers based on distributed registry technology.